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<p>[QUOTE=&quot;johnmilton, post: 26695998, member: 101855&quot;]The thing about collecting Fractional Currency is that it&#039;s still fairly inexpensive.&nbsp; </p><p><br /></p><p>Here&#039;s a quick overview. </p><p><br /></p><p>The first issue was called &quot;Postal Currency.&quot; These pieces were really stamps and stamp dealers to carry them. They come with straight edges and perforated edges, like a stamp. This 50 cent note with the perforated edges was the hardedst one for me to find back in the day. </p><p><br /></p><p>[ATTACH=full]1703515[/ATTACH] [ATTACH=full]1703516[/ATTACH] </p><p><br /></p><p>Counterfeiting was always a problem. The second issue had a &quot;golden oval&quot; around Washington&#039;s portrait to make it harder. The oval was really copper, and it usually toned brown. Sometimes it even turned green! I saw a counterfiet note which had a crude green frame around Washington. </p><p><br /></p><p>[ATTACH=full]1703517[/ATTACH] [ATTACH=full]1703518[/ATTACH] </p><p><br /></p><p>The Third Issue was the most diverse. Each note was a different size. The small note, the 3 and 5 cent pieces, became very unpopular. They were replaced by the Nickel Three Cent Piece and the 5 cent nickel. </p><p><br /></p><p>This 5 cent note has Spenser Clark for the portrait. Clark was a treasury official and very much alive when these were issued. He got into hot water for doing this. </p><p><br /></p><p>[ATTACH=full]1703519[/ATTACH] [ATTACH=full]1703520[/ATTACH] </p><p><br /></p><p>The Third Issue was best remembered for the three 50 cent notes. The Lincoln note seems to be the most popular. </p><p><br /></p><p>[ATTACH=full]1703521[/ATTACH] [ATTACH=full]1703522[/ATTACH] </p><p><br /></p><p>The Fifth and last issue had this piece which collectors call &quot;The Bob Hope Note&quot; because former Treasury Secretary, William Crawford, resembled the famous comedian. This note is fairly common. </p><p><br /></p><p>Crowford ran for president in 1824, but suffered a stroke which ruined whatever chance he had. His opponents were John Quincy Adams, Andrew Jackson and Henry Clay. The election went to the House of Representatives which elected Adams. Although Jackson had more popular votes and more votes in the Electoral College, he didn&#039;t win because he didn&#039;t have a majority in the Electoral College. When Adams appointed Clay to be Secretary of State, the Jackson supporters said that there had been a &quot;corrupt bargain&quot; between the two of them. </p><p><br /></p><p>[ATTACH=full]1703523[/ATTACH] [ATTACH=full]1703524[/ATTACH][/QUOTE]</p><p><br /></p>

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