Product Details

🇺🇸1863 PMG Graded AU 55 A United States 3-Cent 💲 Fractional Currency Note #Fr1226 (Light Background) A Civil War era note. Authorized under the Act of March 3, 1863, this specific design belongs to the "Third Issue" of fractional currency and was printed between 1864 and 1869. Current Market Value Depending on the overall physical condition, paper crispness, and margin clarity, these historical notes typically trade in today's collector market from $35 to over $250+: The Significance of the Green Back Anti-Counterfeiting Security: During the Civil War, the federal government introduced a specialized, patent-protected green ink specifically because it could not be chemically erased or photographically reproduced by counterfeiters without destroying the paper. This design choice is what famously earned U.S. paper currency the nickname "greenbacks". 💵💵💵