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1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE
1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE
1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE

1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE

$ 7.89

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Grade: Ungraded
  • Grade Designation: Undetermined
  • Refund will be given as: Money Back
  • Item: Note
  • Denomination: 25c
  • Year: 1874
  • Pick Number: 123
  • Country/Region of Manufacture: United States
  • Type: Fractional Currency
  • Certification Number: Undetermined
  • Item must be returned within: 30 Days
  • Restocking Fee: No
  • Certification: Uncertified
  • Circulated/Uncirculated: Circulated
  • Modified Item: No

    Description

    FOR the complete story, FULL DETAILS and BIG CLEAR PICTURES, Please SEE THE DESCRIPTION
    1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE
    1874-76 UNITED STATES, Fifth Issue 25¢ TWENTY-FIVE CENT Fractional Currency NOTE
    Description
    This is a very nice, United States Fractional Currency
    "Twenty-Five Cent Note"
    . It is from the fifth and last Issue of
    “Shinplasters”
    as these were derisively called. These were only released between February 26, 1874 and February 15, 1876. It is still legal tender and you could spend it.
    During the Civil War people began to hoard hard currency, and coins, even pennies, disappeared. Merchants resorted to Postage Stamps and Tokens for change. The Government began printing
    “Postage”
    and then
    “Fractional”
    Currency to fill the need and keep the critical war time economy moving. By the 1870’s coins were circulating again and as the need was no longer present this was the last issue of Federal Currency ever printed that was valued under a buck.
    "Paper Money of the United States"
    by Robert Friedberg
    .
    #130
    9.
    "
    Standard Catalog of World Paper Money"
    (General Issues 1368-1960)
    by Albert Pick
    .
    #12
    3.
    Obverse:
    Robert John Walker,
    "Secretary of the Treasury"
    , under President James K. Polk he served from 1845 until 1849.
    Born July 19, 1801 in Northumberland, Pennsylvania, Robert J. Walker moved to Mississippi in 1826 and served as Senator of that state from March 4, 1835 until March 5, 1845. Walker is credited with setting up the Department of the Interior in 1849.
    When he left public office, he set up a law practice in Washington D.C. In 1857, President James Buchanan appointed Walker
    "Governor of the Kansas Territory"
    but he resigned nine months later. In 1863 - 1864 Walker served as financial agent to Europe but then resumed his law practice in Washington until his death on November 11, 1869. He is buried in Oak Hill Cemetery in Washington D.C.
    Reverse:
    THIS NOTE IS EXCHANGEABLE • for United States Notes by the Assistant Treasurers and Designated • Depositaries of the United States in sums not less than Three Dollars. • Receivable in payment of all dues to the United States less than Five Dollars • Except Customs.
    The Note:
    An attractive, very presentable note that still has quite a bit of crispness. It has a single tiny edge split and a couple of tiny pinholes. It has been folded in places but not in the center. As grading is subjective, please see the pictures and judge for yourself.
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    on the eighth day.
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    FREE!
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