Civil War-Era Fractional Currency

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3-Cent Frac Note 3rd Issue
Item # 006688 
Extremely Fine condition 
Price: $125.00
QTY:

Country:
 U.S.A.
Date:
 1864-1869
Denomination:
 3  Cents
Dimensions:
 1 1/2 x 2 1/2 inches
Condition:
 Extremely Fine
Obverse:
 Portrait of George Washington in center of the note
Reverse:
 Large "3" surrounded by a large green ornamental seal.
Packaging:
 Currency Sleeve
During the Civil War, a lack of circulating coins threatened to destroy the economy as Americans hoarded their money. To solve the problem, the U.S. Treasury allowed banks to issue fractional paper currency. The 3-cent notes in this offer are interesting because they’re the only notes of this denomination. Issued only from 1862-1876, these bills are fascinating Civil War-era artifacts.