Varieties: These 25 cent fractional currency notes can be signed by J.M. Courtney, T.C. Boville, or J.C. Saunders. Saunders notes are slightly rarer. However, these are all worth similar amounts in circulated conditions. These are occasionally available as uncut strips of 4, 6, or 10 notes.
Why was the 25 cent note issued during the Civil War?
Issued during the Civil War, these 25 Cent Fractional Currency Notes stood in for the circulation coinage that had stopped circulating. Folks were too afraid of losing their wealth, and instead hoarded their coins! Known as “shinplasters,” these notes continued to be issued until 1876!
