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About This Series

The Greysheet Catalog (GSID) of the Third Issue series of Fractional Currency in the U.S. Currency contains 72 distinct entries with CPG® values between $23.00 and $120,000.00.
During the Civil War, money was scarce, and a severe coin shortage meant few coins struck by the U.S. government were available for circulation. To circumvent that problem, the United States issued fractional currency, or paper notes in denominations of less than $1. These notes were intended to help keep the economy humming even at a time when small change was virtually absent from commerce in many parts of the divided United States. Fractional currency was produced from 1862, during the height of the war, until 1876, near the end of Reconstruction.

During the 14 years of fractional currency production there were five issues of currency, with the Third Issue printed from December 5, 1864 through August 16, 1869. This issue included notes with denominations of 3 cents, 5 cents, 10 cents, 25 cents, and 50 cents, with each denomination bearing a different design.

Catalog Detail

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The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

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  Third Issue Value Range Favorite
Third Issue Value Range  
3c Head of George Washington (Fr. 1226)
$47.00
-
$1,800
$47.00 - $1,800
3c Head of George Washington (Fr. 1227)
$47.00
-
$1,800
$47.00 - $1,800
5c Head of Spencer Clark (Fr. 1236)
$23.00
-
$1,500
$23.00 - $1,500
5c Head of Spencer Clark (Fr. 1237)
$23.00
-
$1,900
$23.00 - $1,900
5c Head of Spencer Clark (Fr. 1238)
$23.00
-
$1,250
$23.00 - $1,250
5c Head of Spencer Clark (Fr. 1239)
$23.00
-
$1,150
$23.00 - $1,150
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10c Head of George Washington (Fr. 1251)
$23.00
-
$950
$23.00 - $950
10c Head of George Washington (Fr. 1252)
$23.00
-
$1,350
$23.00 - $1,350

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10c Head of George Washington (Fr. 1253)
$41.00
-
$2,250
$41.00 - $2,250
10c Head of George Washington (Fr. 1254)
$70.00
-
$2,250
$70.00 - $2,250
10c Head of George Washington (Fr. 1255)
$23.00
-
$850
$23.00 - $850
10c Head of George Washington (Fr. 1256)
$23.00
-
$1,250
$23.00 - $1,250
25c Bust of Wm.Fessenden (Fr. 1291)
$23.00
-
$2,000
$23.00 - $2,000
25c Bust of Wm.Fessenden (Fr. 1292)
$23.00
-
$2,250
$23.00 - $2,250
25c Bust of Wm.Fessenden (Fr. 1294)
$23.00
-
$1,300
$23.00 - $1,300
25c Bust of Wm.Fessenden (Fr. 1295)
$23.00
-
$1,000
$23.00 - $1,000
25c Bust of Wm.Fessenden (Fr. 1296)
$260
-
$12,000
$260 - $12,000
25c Bust of Wm.Fessenden (Fr. 1297)
$24.00
-
$3,500
$24.00 - $3,500
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25c Bust of Wm.Fessenden (Fr. 1298)
$24.00
-
$3,500
$24.00 - $3,500
25c Bust of Wm.Fessenden (Fr. 1299)
$165.00
-
$5,750
$165.00 - $5,750
25c Bust of Wm.Fessenden (Fr. 1300)
$575
-
$7,000
$575 - $7,000
50c Head of General Spinner (Fr. 1324)
$45.00
-
$1,900
$45.00 - $1,900
50c Head of General Spinner (Fr. 1325)
$60.00
-
$3,750
$60.00 - $3,750

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50c Head of General Spinner (Fr. 1326)
$45.00
-
$1,000
$45.00 - $1,000
50c Head of General Spinner (Fr. 1327)
$45.00
-
$2,500
$45.00 - $2,500
50c Head of General Spinner (Fr. 1328)
$43.00
-
$1,800
$43.00 - $1,800
50c Head of General Spinner (Fr. 1329)
$43.00
-
$2,500
$43.00 - $2,500
50c Head of General Spinner (Fr. 1330)
$1,900
-
$9,500
$1,900 - $9,500
50c Head of General Spinner (Fr. 1331)
$43.00
-
$1,650
$43.00 - $1,650
50c Head of General Spinner (Fr. 1332)
$43.00
-
$1,500
$43.00 - $1,500
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50c Head of General Spinner (Fr. 1333)
$43.00
-
$1,400
$43.00 - $1,400
50c Head of General Spinner (Fr. 1334)
$43.00
-
$1,400
$43.00 - $1,400
50c Head of General Spinner (Fr. 1335)
$43.00
-
$1,500
$43.00 - $1,500
50c Head of General Spinner (Fr. 1336)
$110.00
-
$5,000
$110.00 - $5,000
50c Head of General Spinner (Fr. 1337)
$75.00
-
$1,900
$75.00 - $1,900
50c Head of General Spinner (Fr. 1338)
$55.00
-
$10,000
$55.00 - $10,000
50c Head of General Spinner (Fr. 1339)
$50.00
-
$2,500
$50.00 - $2,500
50c Head of General Spinner (Fr. 1340)
$50.00
-
$2,900
$50.00 - $2,900

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50c Head of General Spinner (Fr. 1341)
$50.00
-
$2,500
$50.00 - $2,500
50c Head of General Spinner (Fr. 1342)
$50.00
-
$3,150
$50.00 - $3,150
50c Seated figure of Justice (Fr. 1343)
$55.00
-
$3,450
$55.00 - $3,450
50c Seated figure of Justice (Fr. 1344)
$130.00
-
$7,500
$130.00 - $7,500
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50c Seated figure of Justice (Fr. 1345)
$55.00
-
$1,900
$55.00 - $1,900
50c Seated figure of Justice (Fr. 1346)
$55.00
-
$3,150
$55.00 - $3,150
50c Seated figure of Justice (Fr. 1347)
$55.00
-
$2,150
$55.00 - $2,150
50c Seated figure of Justice (Fr. 1348)
$155.00
-
$6,250
$155.00 - $6,250
50c Seated figure of Justice (Fr. 1349)
$55.00
-
$2,150
$55.00 - $2,150
50c Seated figure of Justice (Fr. 1350)
$55.00
-
$2,500
$55.00 - $2,500
50c Seated figure of Justice (Fr. 1351)
$5,750
-
$28,000
$5,750 - $28,000
50c Seated figure of Justice (Fr. 1352)
$36,000
-
$120,000
$36,000 - $120,000
50c Seated figure of Justice (Fr. 1353)
$8,750
-
$21,500
$8,750 - $21,500
50c Seated figure of Justice (Fr. 1354)
$26,500
-
$26,500
$26,500 - $26,500
50c Seated figure of Justice (Fr. 1355)
$55.00
-
$1,500
$55.00 - $1,500

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50c Seated figure of Justice (Fr. 1356)
$55.00
-
$2,150
$55.00 - $2,150
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50c Seated figure of Justice (Fr. 1357)
$100.00
-
$3,000
$100.00 - $3,000
50c Seated figure of Justice (Fr. 1358)
$47.00
-
$2,250
$47.00 - $2,250
50c Seated figure of Justice (Fr. 1359)
$325
-
$2,500
$325 - $2,500
50c Seated figure of Justice (Fr. 1360)
$47.00
-
$4,400
$47.00 - $4,400
50c Seated figure of Justice (Fr. 1361)
$47.00
-
$2,150
$47.00 - $2,150
50c Seated figure of Justice (Fr. 1362)
$47.00
-
$1,000
$47.00 - $1,000
50c Seated figure of Justice (Fr. 1363)
$47.00
-
$3,150
$47.00 - $3,150
50c Seated figure of Justice (Fr. 1364)
$47.00
-
$3,150
$47.00 - $3,150
50c Seated figure of Justice (Fr. 1365)
$47.00
-
$1,900
$47.00 - $1,900
50c Seated figure of Justice (Fr. 1366)
$47.00
-
$3,150
$47.00 - $3,150
50c Seated figure of Justice (Fr. 1367)
$455
-
$7,500
$455 - $7,500
50c Seated figure of Justice (Fr. 1368)
$47.00
-
$1,900
$47.00 - $1,900
Subscribe for Complete Pricing Access
50c Seated figure of Justice (Fr. 1369)
$47.00
-
$2,450
$47.00 - $2,450
50c Seated figure of Justice (Fr. 1370)
$47.00
-
$4,500
$47.00 - $4,500

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50c Seated figure of Justice (Fr. 1371)
$325
-
$17,000
$325 - $17,000
50c Seated figure of Justice (Fr. 1372)
$47.00
-
$2,500
$47.00 - $2,500
50c Seated figure of Justice (Fr. 1373)
$47.00
-
$8,750
$47.00 - $8,750
50c Bust of Edwin Stanton (Fr. 1373a)
$48,000
-
$48,000
$48,000 - $48,000
       

From the Greysheet Marketplace

2019-W Reverse Proof $25 NGC PR70

Auction Ends: 12/11/2023

352
1793 1/2c PCGS VF35 BN

Buy Now: $20,000.00

306
2017-P $25 NGC MS70

Auction Ends: 11/21/2023

237
224
1803 1/2c NGC VF30 BN

Buy Now: $555.00

151
107

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Greysheet Catalog Details

The Greysheet Catalog (GSID) of the Third Issue series of Fractional Currency in the U.S. Currency contains 72 distinct entries with CPG® values between $23.00 and $120,000.00.
During the Civil War, money was scarce, and a severe coin shortage meant few coins struck by the U.S. government were available for circulation. To circumvent that problem, the United States issued fractional currency, or paper notes in denominations of less than $1. These notes were intended to help keep the economy humming even at a time when small change was virtually absent from commerce in many parts of the divided United States. Fractional currency was produced from 1862, during the height of the war, until 1876, near the end of Reconstruction.

During the 14 years of fractional currency production there were five issues of currency, with the Third Issue printed from December 5, 1864 through August 16, 1869. This issue included notes with denominations of 3 cents, 5 cents, 10 cents, 25 cents, and 50 cents, with each denomination bearing a different design.

Catalog Detail

Legal Disclaimer

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

Read CDN Terms of Use