3rd Issue 3 Cent Fractional Currency FR.1226 - Very Fine
- Denomination: 3 Cent
- Grade: Very Fine
- Friedberg Number: # 1226
- Dates Issued: Dec. 5 1864 - Aug. 16 1869
Fractional currency was introduced following the Civil War by the United States federal government. Coins became difficult to find because people started hoarding them for their precious metal content and started using stamps instead of coins as a means of commerce. The government decided to help with the hoarding problem and issue fractional currency or "postage currency". These notes were in use between August 21st 1862 through February 15th 1876. There were 3, 5, 10, 15, 25 and 50 cent denominations with five different issues through this time period. Fractional currency are smaller and do not contain a serial number.
**Pictures are representative of the note and grade that you will receive, actual note may differ slightly, and serial numbers will vary.**