50 Cents 4th Issue Fractional Currency AU-55 PMG
50 Cents 4th Issue Fractional Currency AU-55 PMG
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1874 50 Cents 4th Issue Fractional Currency - A Collector's Gem - AU-55 PMG
Delve into the unique history of late 19th-century American currency with this pristine 1874 50 Cents 4th Issue Fractional Currency note, graded AU-55 by PMG (Paper Money Guaranty). This note is not only a piece of monetary history but also a beautiful example of the era's artistry in paper money.
Key Features:
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Year of Issue: 1874
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Denomination: 50 Cents
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Type: Fractional Currency, 4th Issue
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Certification: AU-55 by PMG, indicating About Uncirculated condition with minimal wear.
Note Details:
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Obverse: Features a portrait of Samuel Dexter, who served as the Secretary of War and later as Secretary of the Treasury. The design is surrounded by intricate scrollwork and includes anti-counterfeiting elements typical of the time.
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Reverse: Displays the denomination '50' prominently, with the words "Fifty Cents" written out in various languages, reflecting the cultural diversity and the widespread use of this currency.
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Condition: This note is in About Uncirculated condition, showing only the slightest signs of handling. It retains nearly all of its original crispness, with vibrant colors and fine details that make it stand out.
Why This Note is a Must-Have:
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Historical Significance: Fractional currency was introduced during the Civil War due to coin shortages, making these notes an intriguing part of American economic history.
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Rarity: These smaller denominations are less commonly found, especially in such high grades. The 50-cent notes are particularly sought after for their larger size compared to smaller fractional issues.
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Artistic Craftsmanship: The design of this note showcases the beauty and security features of 19th-century currency, with its detailed engravings and protective elements.
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Certified Quality: PMG's grading ensures that this note's condition is authenticated and preserved, adding to its value and collectibility.