50 Cent Fractional Currency General F E Spinner

On the recommendation of General Francis E. Spinner who at that time was the Treasurer, Congress passed the Act of July 17, 1862 which authorized an issue of 5, 10, 25, and 50 Cent notes. These became known as Postage Currency, because they bore facsimiles of the then current 5 and 10 Cent postage stamps

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