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25 Cents 'Fractional Currency' - 3rd series

Issuer United States Treasury
Year 1863
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Size 100 × 47 mm
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Obverse description Portrait vignette of William P. Fessenden, Secretary of the Treasury, positioned at centre facing right, rendered in fine intaglio engraving. The denomination TWENTY FIVE CENTS appears in letterpress type, flanked by formal typeset inscriptions referencing the authorising act of March 3, 1863 and the note's acceptability for United States postage stamps. The overall layout is characteristic of Third Issue Fractional Currency, with a plain border framing the text and portrait.
Obverse lettering ACT APPROVED MARCH 3D 1863 UNITED STATES FRACTIONAL CURRENCY RECEIVABLE FOR ALL UNITED STATES STAMPS. Twenty Five CENTS FURNISHED ONLY AND DESIGNATED by the Assistant Treasurers and Depositories of the United States TREASURY DEPARTMENT
Reverse description The reverse centres on a typeset text block set within an oval frame, bearing the note's legal tender and redemption provisions in letterpress. The denomination 25 CENTS appears in bold block lettering on both the left and right margins, oriented sideways. A black overprint of the numeral 25 in open outline lettering is applied over the central text area.
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