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50 Cents 'Fractional Currency' - 3rd issue

发行方 United States Treasury
年份 1863
类型 Standard circulation banknote
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正面铭文 ACT APPROVED MARCH 3RD 1863 FIFTY UNITED STATES FRACTIONAL CURRENCY FIFTY CENTS FURNISHED ONLY AND DESIGNATED ASSISTANT DEPOSITORIES Treasurers United States. REGISTER. TREASURER RECEIVABLE FOR ALL UNITED STATES STAMPS FIFTY ENG. & PRINT. AT THE TREASURY
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防伪描述 Brown anti-counterfeiting overprint applied to both obverse and reverse, consisting of large denomination numerals and ornamental devices intended to frustrate photographic reproduction.
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Third Issue Fractional Currency emerged from a genuine emergency: the hoarding of coins — silver especially — that followed the outbreak of the Civil War left ordinary commerce paralyzed. Small transactions simply could not be completed. The earlier First Issue notes had been printed on ordinary postage stamp paper with gum on the reverse, an embarrassing improvisation that the Treasury moved quickly to correct.

The Third Issue introduced the colored fiber paper and surcharge overprints specifically to defeat increasingly sophisticated counterfeiters. Fr. 1331 carries a red reverse surcharge, one of several surcharge variants in the series — distinguishing them requires attention to both face and back.

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