Here is a recent piece of Fractional I picked up. Although a low grade, only $10, but it's amazing that from 1874 that this note kept the way it did. That's what's great about collecting these old notes. The portrait on this note is Robert Walker, Secretary of the Treasury from 1845-1849 (known for following free trade) - If you don't have enough for the large-sized notes (like me), go for the Fractional!! Enjoy, Greg
Gotta be careful there -- I have seen some of the fractional notes in the better grades or even graded that go for as much as some of the Large Size notes go for. Smaugy
Yep!! Nice note and the fifth issue is really cool... I have put together the 4th and 5th issue set in no less than CHCU63 and it was expensive to say the least! Way to go my friend!! RickieB
Very interesting note thanks for sharing. An interesting story though on their circulation. One of my grandfathers was born in 1891 and remembered spending fractional currency occasionally into the early 1900's. Money just circulated longer back then as there was less of it and people needed it to spend instead of save. As a percentage of surviving currency, fractional currency actually has a small percentage of surviving notes vs. what circulated during that time, even less than early Legal Tender notes etc. It does seemed to be overlooked by collectors in favour of the larger sized notes - but in my opinion some of them are even more collectible, particularly my favourite 4th series.
Greglax.... take a look at the "Old Paper Money Contest" and you will see the outstanding and total $$$ value of fractionals issued for all denominations. Fractionals is one of the first areas that I started the collection with. Regards, RickieB
