DescriptionFr. 1382 Fractional Currency Shield, With Gray Background.
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. Most of the notes are bright but the 25¢ Second Issue back which, as always, has faded to light blue. The light curtain 3¢ note has the bottom right corner torn off and is dangling free. There are four hand signed notes with three being Jeffries-Spinner and one, the 10¢ Third Issue, being a Colby-Spinner. The Grant-Sherman and ten-cent notes show ink erosion at the signatures. The gray background is bright and sharply printed with the stars and eagle providing great eye appeal, although the top portion above the notes has been lightly folded. Very little water damage is seen. It appears it has been rematted, as the mat is a good bit thicker than normal. 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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