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Fourth Issue Fractional Currency

Fourth Issue Fractional Currency further diminished the pretense of stamp money with which the five issues of fractional notes were launched. With this issue they removed the bronze overprints from the third issue and improved the type of paper adding in silk fibers to the paper. They dropped the five cent note in this issue […]
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Third Issue Fractional Currency

The third issue of Fractional Currency started at the end of 1864 with the war going full blast. As the quality of the Fractional Notes improved, so did the quality of the counterfeits of the earlier issue notes. This and the ever-increasing demand for “small change,” made a design change necessary. There are more varieties […]
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