USA-1863 Fractional Currency, 4th Issue

USA flag

UNITED STATES OF AMERICA Paper Money,
 
1863 Fractional Currency, 4th Issue

   

       Home>PM>USA>115

       

            Next Page> Next Country>      




President
Abraham LINCOLN
3.3.1861 -15.4.1865


Vice President
Hannibal HAMLIN
4.3.1861 - 3.3.1865


Printers: American Bank Note Company, New York (ABNC)
 National Bank Note Company, NY (NBNC)

USA Fractional Currency, Fourth Issue, 3.3.1863

UNITED STATES OF AMERICA

1607 GBR; 1776 Independence declared; 1783  Independence recognized by GBR

FOURTH ISSUE, 3.3.1863

UsaP.115Fr.1257103.3.1863ABNCDC.jpg
P.115a,Fr.1257 10¢  3.3.1863 ABNC  *
UsaP.115Fr.1257103.3.1863NBNCDCr.jpg
Back NBNC
UsaP.116Fr.1267153.3.1863NBNCDC.jpg
P.116a,Fr.1267 15¢  3.3.1863 NBNC  *
UsaP.116Fr.1267153.3.1863ABNCDCr.jpg
Back ABNC
UsaP.118dFr.1303253.3.1863NBNCDC.jpg
P.118d,Fr.1303 25¢ 3.3.1863 NBNC  *
UsaP.118dFr.1303253.3.1863ABNCDCr.jpg
Back ABNC
UsaP.119Fr.1374503.3.1863ABNCDC.jpg
P.119b,Fr.1374 50¢ 3.3.1863 ABNC  *
UsaP.119Fr.1374503.3.1863NBNCDCr.jpg
Back NBNC
UsaP.120Fr.1376503.3.1863DC.jpg
P.120, Fr.1376, 50¢ 3.3.1863  *
UsaP.120Fr.1376503.3.1863ABNCDCr.jpg
Back ABNC
UsaP.121Fr.1379503.3.1863TDDC.jpg
P.121, Fr.1379  50¢  3.3.1863 TD
UsaP.121Fr.1379503.3.1863NBNCDCr.jpg
Back  NBNC


BACKGROUNDER

Some of these Fractional Currency issues used a different printer for the face and back of the note. I asked Don Cleveland if he knew the reason for this practice. I also asked if he knew of any other countries or issuers who followed this practice and he provided the following explanation:

There was a lot of concern about counterfeiting of the fractional banknotes.  All the fractional issues, particularly the Second, were counterfeited.  By having different printers do each side, Treasury felt the reproduction of the banknotes would be much more difficult, since each printer employed slightly different methods and styles of engraving and printing.

I don't know how the logistics of printing and moving the half-finished and finished banknotes between printers and the government was handled.  Security would certainly have been a problem, but I have not read of any of the shipments being hijacked.

I do not recall any other countries, or other issuers, using different printers, but there probably are examples.


Reader who are aware of other countries or issuers who have used the practice of multiple printers on the same banknote, please write us.




ACKNOWLEDGEMENTS

*  We gratefully acknowledge Don Cleveland, IBNS Assistant General Secretary & Assistant Treasurer for Australasia who provided images and the above background info used in this section.

qweasdzxc