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Greysheet & CPG® PRICE GUIDE

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Greysheet Catalog Details

The Civil War was a time of severe economic conditions in the United States, and coin shortages were rampant. This necessitated the creation of so-called fractional currency, or paper currency in denominations of less than $1. Fractional currency was issued from 1862 through 1876, covering a span of time that saw the carnage of the Civil War and the Reconstruction period that followed.

Five separate issues of fractional currency were printed, with the First Issue spanning from August 21, 1862 through May 27, 1863. These notes are called "postage currency" and included pieces printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations.

They were initially printed by the National Bank Note Company of New York. However, for security purposes the US government eventually had the backs printed by the American Bank Note Company of New York, which added an "ABNCo" monogram on the lower right corner of the reverses of these notes. Today, these notes are prized by numismatists and also enjoy crossover appeal among stamp collectors, who also collect these postage currency fractional notes.

Catalog Detail

Legal Disclaimer

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

Read CDN Terms of Use

  First Issue Value Range Favorite
First Issue Value Range  
Jefferson Postage Stamp Obverse 5c (Fr. 1228)
$22.95
-
$2,500
$22.95 - $2,500
Jefferson Postage Stamp Obverse 5c (Fr. 1229)
$33.75
-
$2,130
$33.75 - $2,130
Jefferson Postage Stamp Obverse 5c (Fr. 1230)
$22.95
-
$1,020
$22.95 - $1,020
Jefferson Postage Stamp Obverse 5c (Fr. 1231)
$27.00
-
$1,150
$27.00 - $1,150
Washington Postage Stamp Obverse 10c (Fr. 1240)
$22.95
-
$2,500
$22.95 - $2,500
Washington Postage Stamp Obverse 10c (Fr. 1241)
$40.50
-
$4,690
$40.50 - $4,690
Washington Postage Stamp Obverse 10c (Fr. 1242)
$22.95
-
$1,750
$22.95 - $1,750
Washington Postage Stamp Obverse 10c (Fr. 1243)
$37.80
-
$1,380
$37.80 - $1,380

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Five Stamps Obverse 25c (Fr. 1279)
$22.95
-
$5,630
$22.95 - $5,630
Five Stamps Obverse 25c (Fr. 1280)
$54.00
-
$3,190
$54.00 - $3,190
Five Stamps Obverse 25c (Fr. 1281)
$22.95
-
$1,250
$22.95 - $1,250
Five Stamps Obverse 25c (Fr. 1282)
$33.75
-
$4,000
$33.75 - $4,000
Five Stamps Obverse 50c (Fr. 1310)
$32.40
-
$3,440
$32.40 - $3,440
Five Stamps Obverse 50c (Fr. 1311)
$47.25
-
$3,060
$47.25 - $3,060
Five Stamps Obverse 50c (Fr. 1312)
$27.00
-
$2,500
$27.00 - $2,500
Five Stamps Obverse 50c (Fr. 1313)
$61.00
-
$2,380
$61.00 - $2,380
       

Greysheet Catalog Details

The Civil War was a time of severe economic conditions in the United States, and coin shortages were rampant. This necessitated the creation of so-called fractional currency, or paper currency in denominations of less than $1. Fractional currency was issued from 1862 through 1876, covering a span of time that saw the carnage of the Civil War and the Reconstruction period that followed.

Five separate issues of fractional currency were printed, with the First Issue spanning from August 21, 1862 through May 27, 1863. These notes are called "postage currency" and included pieces printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations.

They were initially printed by the National Bank Note Company of New York. However, for security purposes the US government eventually had the backs printed by the American Bank Note Company of New York, which added an "ABNCo" monogram on the lower right corner of the reverses of these notes. Today, these notes are prized by numismatists and also enjoy crossover appeal among stamp collectors, who also collect these postage currency fractional notes.

Catalog Detail

Legal Disclaimer

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

Read CDN Terms of Use