Item 38: Ten Cent Note, Fractional Currency, ca. 1869-1875
Item — Box: 16, Folder: 38
Dates
- Created: ca. 1869-1875
Creator
- American Bank Note Company (Organization)
Disclaimer for Name and Subject Authorities
Some of the name and subject authority tags have been assigned by educated guessing and estimation of persons and subjects by region, age, profession, and familial relationships. They have been thoroughly researched by using primary and secondary sources available digitally, and named in each description, or in some cases linked directly to the person tag.
Access:
All series and subseries within this collection are open for research, with the exception of a few files within the Academia series that are restricted. The Academia series contains financial and sensitive institutional records from Wilkes College, and financial report records from Princeton University that will remain restricted for 80 years upon creation.
Extent
1 items
Language of Materials
From the Collection: English
Type of Material:
Currency.
Condition Note:
Poor.
Measurements:
3 ⅛ in. x 2 13/16 in.
Description:
The following item depicts a ten cent note New York, printed as fractional currency by the United States of America. The ten cent bill has a portrait of Lady Liberty on the left side on the front. This is a personification of Liberty and the United States. This ten cent bill is part of the fourth issue of these bills produced. This issue of the bill was made between 1869 to 1875.
Fractional currency first began its issuing at the onset of the American Civil War as a response to the shortage of coins in circulation. The public at large sought the stability of the metal coins, choosing to hold on to them, and as a result, the government began printing these fractional notes, whose denominations amounted to less than $1. “These notes were known as postage notes because their designs were taken from existing postage stamps. Later issues of such notes in denominations under $1 had designs more in keeping with the appearance of currency notes. These issues were known as Fractional Currency and were authorized in 1863” (The History List).
Transcription:
FRONT
American Bank Note Co. N.Y
ACT OF MARCH 3RD 1863
UNITED 10
STATES
TEN CENTS
Receivable for
All United States
Stamps
(FRACTIONAL CURRENCY)
BACK
TEN TEN
10 This note 10 Is exchangeable for United States Notes The Assistant Treasuries And designated Depositaries of the UNITED (X) STATES [illegible] [illegible] Dollars Receivable in payment of all The UNITED STATES less than Five Dollars (Except Customs) CENTS CENTS
10 This note 10 Is exchangeable for United States Notes The Assistant Treasuries And designated Depositaries of the UNITED (X) STATES [illegible] [illegible] Dollars Receivable in payment of all The UNITED STATES less than Five Dollars (Except Customs) CENTS CENTS
Creator
- American Bank Note Company (Organization)
Repository Details
Part of the Wilkes University Archives Repository
Contact:
84 W South St.
Wilkes-Barre PA 18701 US
570-408-2000
570-408-7823 (Fax)
ask.archives@wilkes.edu
84 W South St.
Wilkes-Barre PA 18701 US
570-408-2000
570-408-7823 (Fax)
ask.archives@wilkes.edu