Object Record
Images
Metadata
Catalog Number |
1912.14.4B |
Object Name |
Currency |
Description |
paper money 5cents orange Washington portrait enclosed in brown circle This five cent note is a part of the second series of "fractional currency" that was issued in 1863. Paper Fractional Currency started to be issued during the Civil War by the Union in order to keep track of currency as coins of the same value were under struggle to being tracked by the citizens due to hoarding of the coins. Five different series were issued by the Union. Paper Fractional Currency ended in February 1876 after Congress ordered the minting of silver coins at an efficient enough rate to discourage hoarding in place of the obsolete paper fractional currency. This particular five cent note was printed during the second series, which was issued from October 10, 1863 to February 23, 1867. Like all of the notes issued during the second series, it contains a portrait of George Washington on the front. The phrase "Receivable for all United States Stamps. Act approved March 3, 1863". The back side of the bill contains a large number 5 in the center as well as the text "exchangable for United States Notes by Assistant Treasuries and Designated Depositaries of the United States in sums not less than three dollars receivable in payment of all dues to the United States less than five dollars, except customs". |
Date |
1863 |
People |
Washington, George |
Subjects |
Paper money Currency |
Search Terms |
Civil War George Washington |
Material |
Paper |
Dimensions |
W-2 L-2.5 inches |
Source |
Homer, Mrs HH |
Collection |
Arlington Historical Society Collection |