5 Cents, Fractional Currency Note, 1862-63

Francis E. Spinner became the Treasurer of the United States in March of 1861. He conceived the idea of “emergency” money by using groups of stamps pasted onto treasury paper. On July 17, 1862 Congress authorized the use of postage stamps as payment. This five-cent postage stamp currency looks like a regular stamp, but it had no adhesive backing and could not be used on mail.
date made
place made
United States
Physical Description
paper (overall material)
overall: 4.7 cm x 6.55 cm x .01 cm; 1 27/32 in x 2 19/32 in x in
ID Number
accession number
catalog number
Credit Line
Chase Manhattan Bank
See more items in
Work and Industry: National Numismatic Collection
Civil War
Coins, Currency and Medals
Data Source
National Museum of American History


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