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Silver Hoard! Navajo Jewelry and Silver Coin Event Closed (#13278961)

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1874 10¢ Fractional Currency

  Lot # U175
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Details
Lot # U175
System ID # 13310202
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Description

1874 10¢ Fractional Currency
Tell a child that you used to see two-dollar bills in circulation, and they won't believe you. Tell them that dimes and half dollars used to be pieces of paper, and they’ll walk right out of the room. That is, unless you have one of these to show them!

First issued during the Civil War, these 10 Cents Fractional Currency Notes stood in for the circulation coinage that had stopped circulating. Folks were too afraid of losing their wealth, and instead hoarded their coins. Fractional was very short-lived, however, and was issued after the Civil War only until 1876. This 10-Cent note issued in the fifth series printed in 1874 is the last of its kind, as fractional currency was never issued in the United States again!

Condition:
As Shown, Actual Photos

Size:
80 × 54 mm