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25 Cents Fifth Issue Fractional Currency Choice Unc 64 PMG

25 Cents Fifth Issue Fractional Currency Choice Unc 64 PMG

Regular price $120.00 USD
Regular price Sale price $120.00 USD
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The 25 Cents Fifth Issue Fractional Currency graded Choice Uncirculated 64 (CU64) by PMG (Paper Money Guaranty) is an exceptional example of late 19th-century U.S. currency. Here's what you should know:


  • Design and Issue:
    • Fifth Issue: This series was introduced in 1874, representing the final and most refined version of Fractional Currency before the introduction of smaller coin denominations made them obsolete.
    • Front: Typically features an image of George Washington or other notable figures, with intricate designs around the portrait for both aesthetic appeal and to prevent counterfeiting.
    • Back: Shows the denomination within an ornate design, often with a complex pattern of lines, geometric shapes, or microprinting to deter counterfeiting.
  • Grade Explanation:
    • CU64 (Choice Uncirculated 64): This grade indicates:
      • The note is in nearly perfect condition, with only the most minor imperfections or handling marks.
      • It retains almost all of its original crispness, color, and paper quality, potentially with one or two minor handling marks or a slight corner bump that prevents it from achieving a higher grade like Gem Uncirculated.
  • Historical Significance:
    • Fractional Currency was initially a response to the coin shortage during the Civil War. The Fifth Issue, while issued post-war, continued this tradition until the economic conditions allowed for the return to coinage for small transactions.
  • Value and Collectability:
    • Market Value: Influencing factors include:
      • Rarity: While not the rarest denomination, a 25 cent note from the Fifth Issue in CU64 is rare due to its condition.
      • Condition: CU64 is a high grade, indicating the note was preserved remarkably well, which significantly enhances its value.
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