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    Description

    Fr. 1382 Fractional Currency Shield, With Gray Background Very Fine.
    Fractional Currency Shields were made to be used in banks and post-offices for counterfeit detection. They were printed between June 1866 and May 1869 and are composed of 39 First, Second, and Third issue notes. There are 20 faces and 19 backs, all uniface specimens. The notes are bright except for the 25¢ Second Issue back which, as always, has faded to light blue. There are four hand-signed notes with three being Jeffries-Spinner and one, the 10¢ Third Issue being a Colby-Spinner. The Justice and ten-cent notes show some ink erosion at the signatures. A few minor paper pulls in the stripes and adhesive residue are noted. The gray background is bright and sharply printed with the stars and eagle providing great eye appeal. Light water damage is seen due to the shields having been stored in the basement of the Treasury and therefore the victims of a flood. The frame that is oft-times referred to as original is actually contemporary as the shields were all shipped flat, sans frame. Overall, a wonderful opportunity to purchase a true Fractional Currency rarity.


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    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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