posted on March 26, 2006 12:40:46 PM
Never heard of it before.
Any collectors out there that know any thing about Fractional Currency. I would appreciate any information.
Saw some on eBay, but all were circulated & not in the greatest condition. The one I'm showing here is clean, crisp & uncirculated.
posted on March 26, 2006 01:13:56 PM
Here's some links with info about Fractional Currency. Kind of fall's into the same categoy as the Postal Currency. Your 15 cent note is a 4th issue.
posted on March 26, 2006 01:40:24 PM
As an authority on Rocky and Bullwinkle, I can tell you that Fractional Currency was popular in the early 1960's. Used exclusively by those of us addicted to Fractured Fairy Tales
...And Then the Prince Knelt Down and Tried to Put the Glass Slipper on Cinderella's Foot
by Judith Viorst
I really didn't notice that he had a funny nose.
And he certainly looked better all dressed up in fancy clothes.
He's not nearly as attractive as he seemed the other night.
So I think I'll just pretend that this glass slipper feels too tight.
posted on March 26, 2006 08:38:24 PM
Starting in the Civil War time there was a shortage of circulating coins. Many times stamps were used to give change. There were some merchants that used to make there own coins for change. The governmant did not like this and they started encassing stamps in these tokens. That is when the government started making the fractional currency. There was shortages of silver and copper so they could not make coins the way they needed to. If you read the link about the fractional currency you will see that there were 4 series. The ones you are showing here are 4th series and the most common. By the 1870's they started discovering silver and copper out west so that by the late '70's there were plenty of coins circulating and the need for the fractional currency died out. That is why the 4th series are around in very good quantities and in excellant condition. They hardly ever circulated.
posted on March 28, 2006 12:06:15 AM
Coin business went dead. Inflation was gone and there was not enough things to buy. I sold out and got into the Sport Card Business and was promoting 8 different shows a month until that went dead and I sold them in 1994. Then I went into Real Estate. Been doing that ever since. Started putzing around with yahoo and eBay back in '98 & '99. Started doing that as more of a full time thing last year. Gonna be double nickel next month and it is getting time for me to retire from having to go out and work. I enjoy staying at home and around town going on a vacation when I want to etc. but I have to work to keep myself busy. Don't want to get to old to soon. IN 1976 me and my partner bought a Tandy computer to keep track of inventory. Made up the program for it. Now I have come full circle and using the computer to do my business again. My life in a nut shell.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former. - Albert Einstein
Helped a lot.
