Value of 1863 Georgia fractional?

Discussion in 'Paper Money' started by Jhonn, Jan 5, 2008.

  1. Jhonn

    Jhonn Team Awesome

    Hi all, came across a 1963 Georgia 10 cent fractional today for $15. The paper is crisp, but there is an old crease about 1/3 from the left; don't know if it's a fold per se, but it's definitely a slight crease. The note is fairly well-centered, no ink smudges, no pinholes or tears.

    Does this sound like a decent deal? Is there a catalog price for this note in, say XF/AU (which I'm guessing is what it would technically grade)? Thanks in advance. Here's a picture for reference (not the actual note in question):

    [​IMG]
     
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  3. RickieB

    RickieB Expert Plunger Sniper

    Hello John..

    Your fractional is actually an Obsolete note. I know that Dealer pricing in Crisp New for the 15 cent Obsolete is ~$75. SO in AU for the 10 cent (which I have no knowledge of it's History) I would estimate 15-25 dollars...

    Wish I had more info...they were all issued from Milledgeville...Here is a image of the 15 cent note...


    RickieB

    Image removed..placed there as a reference for John...


    Good luck Johnn..let us know what you find. I am looking for a Book on Obsoletes but all my sources for the book I want are sold out! :mad:
     
  4. Jhonn

    Jhonn Team Awesome

    Thanks for the quick response, Ricky! I figured you'd be the first to give me an answer! :D

    After posting this, I realized it was indeed an obsolete note rather than a true U.S. fractional.

    They had a 25 cent note for sale as well (same Milledgeville, GA issue) and I think a 5 cent as well. All were priced at $15, but this was by far the nicest note (the 25 cent had two signatures, while this only has a hand-written serial, but like I said, the other one was in a less desirable condition).

    $15 sounds fair then. I check HA's currency section, and pretty well-worn examples were trading for about 6-9 dollars, but that was around 2000/2001. Mine is much nicer than those, so I think I made out OK with this note.

    If anyone has a catalog number and/or updated price info, please still post it!
     
  5. RickieB

    RickieB Expert Plunger Sniper

  6. Jhonn

    Jhonn Team Awesome

    Thanks for the info! There doesn't seem to be too much out there that I can find.

    Here are some large photos I took. Any guess on the grade? I still say XF, due to the crease. The front of the note is very pleasing, though.
     

    Attached Files:

  7. RickieB

    RickieB Expert Plunger Sniper

    John...

    DO a search on Amazon for Obsolete Currency...you will find a book dedicated to Georgia Obsoletes.

    I was looking on Saturday when I was ordering the Schwartz/Lindquist Edition 8.


    Good luck, and try to get the whole set!


    RickieB
     
  8. Jhonn

    Jhonn Team Awesome

    Ha, I'm surprised there is a whole books dedicated to Georgia obsoletes. I'll definitely check it out!
     
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