fractional currency

In 1864, Congress had authorized a third series of fractional currency notes.

In 1878, the fractional currency notes were retired and the nation went back to metal coins.

Fractional currency in denominations of less than ten cents was withdrawn.

Fractional currency notes were issued from August 21, 1862, through February 15, 1876.

The paper fractional currency notes were introduced to fill the need for making small change in the absence of the coinage.

Subsequently silver was only used in coins worth less than $1 (fractional currency).

Fractional currency became a common way for the Union soldiers during the Civil War to receive their pay.

The Treasury eventually settled on issuing fractional currency.

The United States also issued fractional currency for a brief time in the 1860s and 1870s.

Stanton also appears on the fourth issue of Fractional Currency, in the amount of 50 cents.

Although there was $700 in the bank the robbers left with only $5 in fractional currency.

The act abolished the seigniorage fee on coining gold and substituted silver for any still existing fractional currency.

In the Civil War, the Union issued paper "coins" called postage or fractional currency to fill the shortage.

The new Fractional Currency notes were different from the 1862 Postage Currency issues.

Fractional currency was succeeded by postal notes that were issued from Monday, September 3, 1883 to Saturday, June 30, 1894.

Postal notes were the specialized money order successors to the United States Department of the Treasury's postage and fractional currency.

In 1862 the postage currency soon gave way to fractional currency -notes without the perforations and depictions of postage stamps.

In March 1865, Congress passed legislation for a three-cent coin of that alloy, intended to retire fractional currency of that denomination.

His currency circulated for close to a year until the middle of 1863 when fractional currency issued by the government became popular enough to ease the coin shortage.

Within a few years, the BEP was producing Fractional Currency, revenue stamps, government obligations, and other security documents for many federal agencies.

The company's first title was Catalogue of Canadian Coins, Tokens & Fractional Currency, published in 1952.

For example, Private issue Civil War tokens existed and implementation of fractional currency came not too long after Gault created encased postage.

In 1863, Secretary Chase asked for a new Fractional Currency that was harder to counterfeit than the Postage Currency.

(It was the smallest coin in the 1967 series-the only time commemorative fractional currency coins were ever produced in the USSR.

It will feature a three-part auction of United States paper currency, including the curious fractional currency that circulated in the mid-19th century in lieu of coins.