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Currency Appraisal and Old Paper Money Dealer
Greg Davis

Fractional Currency and Postage Currency Paper Money Values

Postage Currency (later renamed Fractional Currency was first issued in August 1862.
Fractional currency was intended to alleviate the lack of coins due to hoarding after the
civil war. There were five seperate issues between 1862 and 1874.
All Fractional notes are collectible today and their are varieties that can be pretty valuable.

1875 Fourth Issue 50 cent Fractional Currency
1876 Fifth Issue 50 cent Fractional Currency