4th Issue 10 Cent Fractional F1261

This is a nice addition to my collection to complement the recent Obsolete Fractionals from East Tennessee done in the same style.

Would love to hear what you think!

Best Regards ~ Darryl

 

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That's a beauty Darryl!

 

USS656
That is a very nice note. I have 2 new books and these fractionals are in one of them.
I am learning quite a bit as I read and try to digest all this information in my new found hobby.
From what I read this note has the smaller red seal than its counter part the 1259. The blue end of this was stained as a anti-counterfieting deturrent and from examples I have looked up the intensity of the staining can be from mild to dramatic.
I personally think it is a beautiful banknote. There is supposed to be violet silk fibers embedded within the paper as well.

 

You are correct and thank you to both! :thumb:

 

Did someone say obsolete?

 

Good one Darryl !! our you collecting varieties of each? F1257-59? My favorite fractional,s from the 4th
Issue F1374 Lincoln 25 Cents and the Dexter F1379 50 Cent (Green Issue)

 

vnickles

I am under the impression that these banknotes do not fit into the obsolete catagory. Based on my reading, these have never been demonitized.
Obsolete banknote on the other hand are Chartered Banks prior to the Breau of Engraving and Printing being established that have long since been "obsolete"?.
May it be my references contain outdated information ? I am not sure so if this is not correct, someone please correct me.
Three weeks of reading and studying my mind is hurting in a huge organic way.

 

Correct again

 

USS656

Taking a closer look at your banknote it appears to be "e" with a dot over it ( of the 3 varieties known ) on the Allison signature.
I looked it up a few min ago and enlarged the note as much as I could. Take a close look at the Allison signature and see if the "i" really looks like an e with a dot over it. It sure looks like it to me.
In my book it shows a normal "i", an "e" with a dot over it and an "e" with out a dot over it.
Pretty cool if you ask me.

 

Very cool info Zeplyn! I applaud your fervor and well informative posts. I am learning things from you already! WTG!!! :thumb:

 

I would like to pick up at least 1 of each denomination from the 4th Issue to compliment the Obsoletes I picked up. That having been said I would also like to pick up a 10 cent from each of the 5 issues. (2 down 3 to go) And over the long haul I would love to get 1 of each denomination and issue.

 

Interesting - I have not seen the reference to the signatures (more verities to collect ~ great :rolling

Here is a close up of the signature - does your reference say which are more common or rare?

Thanks

 

My reference states that most collectors ignore this and focus mainly on the different paper types used for this particular issue.
Now I am going to have to read about the paper types. I still find it cool that your note has the "e" with a dot. To me that is pretty special find.
Then again, I do not own any of these and have little if any experience on the types of paper used for the printings of these notes.

 

USS656

Ok I just had to know so here is what I found out.
On the 4th issue of these notes there was different papers used in an attempt to deter counterfieting. A watermarked paper was used but it was found to make the paper weak and resulted in a very short life expectancy of the note, thus leading to the use of an unwater marked paper.
Also as mentioned the strips of blue fibers was used and applied between the 2 layers of paper. The resulting effect is the blue stained end you see in varing degrees.

What is interesting is this, the original layout of the sheets is said to have been as follows, embedded between the sheets a strip about 3" wide was laid out on the vertical center line of each sheet. The layout was changed to to 2 vertical columns of six notes with the right hand column inverted with respect to the left hand column. In this configuaration the center of the 2 columns was the confluence or meeting place of the right hand side of each sinfle note in a row. The printing process is or was called the "tete-beche" and resulted in vertical pairs of strips so that the right end of each note was in the stained spread of blue fibers.
Man that is just so cool.
Also on some notes it is said that a water glass compound was applied after printing had taken place as a measure to increase wearability of the banknote.
I am starting to like these notes. Do you mind me asking what you spent on it?

 

Zeplyn, not sure if you've come across these web sites yet, but you may find them useful along with your books:

Fractional Currency.net

My Fractional Notes.com

 

Krispy

Thanks. No I have not.
I just got my 2 new books yesterday. There is so much to all of this.
I am shocked to discover the methods and attributes of what was attempted in an era of what we today would call no technology.
To put it simply. I am very impressed.

Now I must return to my project at hand.

 

The water glass description describes very well what you see when you look at these under much higher resolution. The printing process sounds very interesting!!! I am glad you are enjoying the research. I think I got really lucky with this note. I won it at $33 with a $4.50 shipping cost. The reverse image in the auction was very blurred but the color and corners on the face looked so good I took a chance. I definitely think this would grade AU if not a mid MS grade. for less than $40, I felt like I stole it when it came today! Could I have done better for the price, I think it would have been tough. Regardless, I am really happy!

 

Very reasonable deal! Nicely done. You guys are gonna get me hunting for these notes now if I'm not careful... :smile

 

That's the risk with telling stories like this, more competition.

 

No worries... for now. I really need to restrain my collecting pursuits so I don't stretch myself too thin. There are just too many amazing things to learn about and enjoy. I'm glad I can live vicariously through forum friends' collections. :thumb: