US CURRENCY 1862 25 CENT FRACTIONAL Old Paper Money FIN Ex Small CIVIL WAR note, 1/4 SIZE OF MODERN MONEY, FINE Start Price USD 0.01 Current Price USD 42.00 Time Left - Bid Count 16 Buy It Now Price - Reserve Price - Start Time Sunday, October 05, 2008 End Time Sunday, October 12, 2008 Location Cottonwood, California See more about 'US CURRENCY 1862 25 CENT FRACTIONAL Old Paper Money FIN' Description jimhaagenson Store US CURRENCY 1862 25 CENT FRACTIONAL Old Paper Money FIN 1862 25 CENT FRACTIONAL NOTEFIRST ISSUEThis is a distinctively different note from most US Currency.  It is one of the HARDEST TO FIND--Extra SMALL SIZE FRACTIONAL NOTES, the 1862 $.25 US NOTE, in FINE condition in my opinion, but you can judge for yourself to make the final decision in these photos which you can enlarge.  It has the small portrait of Thomas Jefferson on five postage stamps.   The Congress issued authority to print this style 25 Cent only one time, for 1862 during the American Civil War when the coin shortage was acute.  This was the first time a 25 Cent paper note was ever issued in America.    It is brown on the obverse and was printed in 1862 during the US Civil War under President ABRAHAM LINCOLN.  It has black ink on the reverse, smooth edges and a monogram (FR1281).In the years of the US Civil War starting in 1862 there was a critical shortage of coins.  It became such a problem that for 14 years the government issued small size notes called FRACTIONAL CURRENCY.  This was from the first issue of fractional paper money ever issued by the USA.  It does have the printer's monogram on the reverse.The note is nearly intact despite its age, with 3 full corners, good color contrast with no pin holes, and no  writing, ink, stains, but very light edge wear all the way around.  There are signs of lots of use.  This is nice looking example of old paper money especially for a small size fractional note which are often very worn out when they are found.  This is as old as US paper money gets.The art work is simple and the note is less than one quarter the size of the modern notes.    It has straight edges.Book value is $35.00 in FINE condition, $125 in CU, so place a bid and enjoy a bargain.   Some retailers and Shop at Home TV charge much more that book value for this note when they can find it.  This note does not come up for auction very often and it often sells for well over book value even on Ebay!   So if you need it to add something special to your currency collection this may be just the opportunity, don't let it slip by.***This is an example of a piece of American History when paper money was backed by real silver in general, but Fractionals were based on a faith in the creditworthiness of the United States.   To give it value, it was redeemable for postage stamps!  This first issue of fractional currency was called "Postage Currency" and that is printed right on the note.  View My Other Items For Sale and save on shipping charges because I will reduce shipping to zero on all subsequent items won!  Happy Bidding.  Be sure to add me to your favorite sellers list so you can find me next time.LEARN MORE: Check out my "US Currency and Paper Money Buyer's Guide" in Ebays Guides and Reviews section. Access it from Ebay's home page in the Specialty Site box or by clicking on the "Top 1000 Reviewer's" logo next to my eBay ID.  Over 20,000 other Ebayers have given it a look, maybe you should too.  Thanks.  Jim I will be away from the store from Friday-Tuesday around the Labor Day Weekend. Please pay within 7 days and I will ship the note upon my return from this short vacation. All notes paid for from 8/30-9/3 will ship out by 9/5. Your check is always welcome. I WILL ALWAYS COMBINE SHIPPING ON MULTIPLE WINS FROM THE SAME 5 DAY PERIOD to any address, WORLDWIDE. Insurance is optional. Thanks! JimWe ship worldwide using US Postal Service First Class Mail for FREE as of 8/31/08. Its usually just $2 for international addresses.  You may elect to upgrade and use Priority Mail for $5.00 by making that choice during checkout.  Additional items won within 5 days go for free too.  So the more you buy, the more you can save.  Insurance is always optional and available on domestic orders.  We ship six days a week so your notes will go out within 24 hours of payment. I hope you use what you save on shipping to bid high enough to win!We sell primarily on Ebay only and focus on your service. We operate from Cottonwood CA and have listing on Auction every week. We have many exclusive high grade notes available only in our Ebay store for our customers only. The US Currency Store strives for 5 STAR service in all catagories and welcome your input and requests.We encourage questions about this item and US Currency in general, so use the Ebay email system and we'll get back to you usually the same day! LEARN MORE: Check out my "US Currency and Paper Money Buyer's Guide" in Ebays Guides and Reviews section. 25,000+ Ebayers have had a look, maybe you should too! Certain images and/or photos used in this template are the copyrighted property of JupiterImages and are being used with permission under license. Place a Bid!