Lot #35 General Francis E. Spinner Treasurer Under Lincoln, Issued Fractional Currency 1862-1876

Description:

General Francis E. Spinner Treasurer Under Lincoln, Issued Fractional Currency 1862-1876. During the Civil War, US coins were hoarded and it became clear that notes needed to be printed to make change or use for small purchases. Spinner masterminded these notes that came in denominations ranging from 3 cents to 50 cents. Offered is a presentation of two very fine fractional notes, 5 cents and 10 cents. Presentation includes a photograph of spinner and his superb signature on calling card. Examined in vintage mat and frame. Estimated Value $350 - 400

Categories: U.S. Presidents