{"product_id":"us-fractional-currency-25-note-fourth-issue-1869-to-1875-ce-united-states-of-america-z14n","title":"U.S. Fractional Currency, 25¢ Note, Fourth Issue - 1869 to 1875 CE - United States of America","description":"\u003cp\u003e\u003cb\u003eIncludes an archival grade document sleeve.\u003c\/b\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003eOrigin:\u003c\/b\u003e United States of America\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDate:\u003c\/b\u003e 1869 - 1875 CE\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDenomination:\u003c\/b\u003e 25 cents\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eSize:\u003c\/b\u003e 3.85 x 1.9 inches\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eFace Side:\u003c\/b\u003e ACT APPROVED MARCH 3ᴰ 1863. United States FRACTIONAL CURRENCY - Twenty five CENTS - Furnished only by the Assistant Treasurers and Designated Depositories of the United States. - Washington left side, 25 on right side, big red treasury seal in middle.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eBack Side:\u003c\/b\u003e \"25\" in the middle. \"TWENTY FIVE\" superimposed on \"25\" on guilloches to the right and left.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eNotes:\u003c\/b\u003e Fractional currency, also known as shinplasters, were a form of US currency worth less than a dollar in value that were introduced following the start of the Civil War. The term “shinplaster” was coined earlier, during the Revolutionary War. Soldiers would put pieces of paper, typically low-denomination currency notes, inside their boots to cushion their shins against chafing or rash, and due to their low denominations, the Civil War era fractional currency earned the shinplaster nickname. Fractional currency notes were introduced to address coin shortages that were at least partially caused by hoarding, since coins were valued for their bullion content during times of instability. The shortage made everyday transactions more difficult, and people began using encased postage stamps to make change, which was referred to as postage currency. The US Treasury began issuing fractional currency notes that resembled the postage currency, with notes consisting of 5, 10, 25 and 50-cent notes. Fractional currency remained in use until 1876, when Congress authorized minting fractional silver coins to redeem the remaining fractional currency.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003cb\u003eAll purchases include a Certificate of Authenticity. You will receive the exact item in the photos.\u003c\/b\u003e\u003c\/p\u003e","brand":"History Hoard","offers":[{"title":"Default Title","offer_id":53898904011036,"sku":"AUCT-FEB-ELVNTH-26-HZ-14-N","price":79.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0102\/1096\/7599\/files\/6_6c763143-e5c4-46ce-bd33-d747a9f77a6c.jpg?v=1770850006","url":"https:\/\/www.historyhoard.com\/products\/us-fractional-currency-25-note-fourth-issue-1869-to-1875-ce-united-states-of-america-z14n","provider":"History Hoard","version":"1.0","type":"link"}