1862 5 Cent US FRACTIONAL CURRENCY First Issue FR 1230 GREAT STOCKING STUFFER Start Price USD 24.50 Current Price USD 28.00 Time Left - Bid Count 1 Buy It Now Price USD 28.00 Reserve Price - Start Time Monday, November 17, 2008 End Time Sunday, November 23, 2008 Location Johnston City, Ill See more about '1862 5 Cent US FRACTIONAL CURRENCY First Issue FR 1230' Description 1862 5 CENT FRACTIONAL  NOTE Fractional Currency: Notes of less than a dollar in denomation were issued by the U.S. Government from 1862 to 1876. At the start of the Civil War,coins acquired a premium. They soon vanished from circulation. As a result, the government decided to print fractional denomation notes.These notes were redeemable for postage not coins. Almost $369 million were issued. Only $2 million are still outstanding.     UP FOR BID is a series 1862  5 cent US Fractional Note dated July 17th, 1862. Has the design # 164 First Issue and is a FR# 1230 note with straight edges and monogram. Note is in VF condition with GREAT COLOR & DETAILS...This note would  make a GREAT addition to your collection or as a GIFT.....I accept PayPal  for immediate shipmentand e-Checks after they clear as per eBay policy 10/20/08. Insurance is extra and recommended. Please check out my other listings and SAVE $$$ on FREE SHIPPING & HANDLING...as always Good Luck Bidding and Thank You for Looking                                      On Nov-17-08 at 09:49:49 PST, seller added the following information: Use the FREE Counters 1 million sellers do - Vendio! Place a Bid!