TT FR 1266 10 CENT 5TH ISSUE FRACTIONAL PMG 66 EPQ GEM

10 Cent 5th Issue Fractional with fr# 1266 showing signatures of Allison and Spinner. Graded 66 EPQ (exceptional paper quality) by PMG. Beautiful note with bright paper and deep color. The obverse features the head of William M. Meredith, Secretary of the Treasury, 1849-1850. Fantastic margins, bold colors and superb eye appeal. The Currency Act of April, 17th 1876, directed that all Fractional currency notes were to be redeemable with silver coin. This act also brought about a fifth issue of fractional paper currency that was not easy to fake. By the end of the Fifth Issue in early 1876, there were more than enough silver coins circulating to meet the everyday needs of the nation and paper fractionals more or less died out. Please view our other on FIRE Ebay auctions. If there is something specific you need, please contact us by email or by calling. Enjoy! 31014uiykiethlc.

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$395.00