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50 Cent 4th Issue Fractional Currency CXF-45 PMG
50 Cent 4th Issue Fractional Currency CXF-45 PMG
Regular price
$180.00 USD
Regular price
Sale price
$180.00 USD
Unit price
/
per
The 50 Cent 4th Issue Fractional Currency graded Choice Extremely Fine 45 (CEF45) by PMG (Paper Money Guaranty) is a notable piece for collectors due to its condition and historical significance. Here's what you need to know:
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Design and Issue:
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4th Issue: This series started in 1869 and continued the evolution of Fractional Currency with more intricate designs and security features to combat counterfeiting.
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Design: The front usually features an allegorical figure like "Justice" or "Columbia," with elaborate borders. The reverse would have the denomination in a central cartouche, surrounded by security designs.
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Grade Explanation:
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CEF45 (Choice Extremely Fine 45):
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This grade indicates the note is in excellent condition for a circulated piece:
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It shows only light wear, with most of the original detail intact.
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The note might have a few minor folds, but they're typically light and well-distributed.
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Colors are still quite vibrant, with perhaps some slight fading or minor handling marks.
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The paper remains firm, showing little to no brittleness or excessive soiling.
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Historical Significance:
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Fractional Currency was a response to the coin shortage during and after the Civil War. The 4th issue was part of the continued refinement of these notes, introducing more advanced anti-counterfeiting measures.
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Value and Collectibility:
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Market Value: Influencing factors include:
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Rarity: While 50 cent notes from the 4th issue are not among the rarest, finding one in CEF45 condition is notable due to the preservation of detail and condition.
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Condition: CEF45 is a high grade for a circulated note, suggesting it has been well looked after, which increases its desirability.
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Demand: Collectors of Fractional Currency, those focused on U.S. currency from the late 19th century, or enthusiasts seeking well-preserved examples of historical money would find this note appealing.
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