Description

Title: Fractional Currency 3 Cent, 5 Cent Veazie and 2 Counterfeit 50 Cent Circa 1863

Description: Fractional Currency 3 Cent, 5 Cent Veazie and 2 Counterfeit 50 Cent
Notes are one sided as they are mounted on a board measuring 12x9". See photo for condition
1863 3 Cents United States Fractional Currency Note, Third Issue.
The note depicts a portrait of George Washington. As part of the Third Issue, it features signatures from banking officers and is the only series to include a three-cent denomination. It also has "ACT OF MARCH 3d 1863" printed on it, referencing the legislation that authorized its issuance.
Obsolete Veazie Bank note United States fractional five-cent note.
This note represents a form of fractional currency or state bank note, which were issued by individual banks chartered by states before the establishment of a uniform national currency. The Veazie Bank, chartered in Maine, was known for issuing its own bank notes.
Two COUNTERFEIT March 3, 1863 "Spinner" Fifty Cents Fractional Currency Notes Third Issue (1864-1869), depicting the portrait of Francis E. Spinner, Treasurer of the United States. FR # 1339.
Fractional currency was issued during the American Civil War (1863) due to a shortage of gold and silver coins as people hoarded them for their metal value, leading to a need for small change in daily transactions.

Date/Period: 1863

Materials:

Dimension:

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Condition

poor-fair

Buyer's Premium

20%

Fractional Currency 3 Cent, 5 Cent Veazie and 2 Counterfeit 50 Cent Circa 1863

Name: Fractional Currency 3 Cent, 5 Cent Veazie and 2 Counterfeit 50 Cent Circa 1863
SKU: 232786258
Price: 50 USD
Availability: InStock