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50 Cents 'Postage Currency' - 1st issue
| Issuer | United States Treasury |
|---|---|
| Year | 1862 |
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| In circulation to | 1876 |
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|---|---|
| Obverse lettering | POSTAGE CURRENCY FURNISHED ONLY BY THE ASSISTANT TREASURERS AND DESIGNATED DEPOSITARIES OF THE U.S. RECEIVABLE FOR POSTAGE STAMPS AT ANY POST OFFICE. |
| Reverse description | The back is printed in black on pale paper and centered on a large scallop-bordered guilloche panel enclosing the bold numeral 50 in the middle. Curved and italic letterpressed inscriptions radiate around the central numeral within the panel, stating the note's legal-tender conditions and the authorizing legislation. The overall design is austere and text-heavy, consistent with early Fractional Currency printing practice. |
| Reverse lettering | EXCHANGEABLE FOR UNITED STATES NOTES by any Assistant Treasurer or designated U.S. Depositary in sums not less than FIVE DOLLARS. Receivable in payment of all dues to the U. States less than FIVE DOLLARS. ACT APPROVED JULY 17, 1862 |
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