5 Cents, Fractional Currency Note, 1862-63

Description:

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: 1862-1863

Place Made: United States

See more items in: Work and Industry: National Numismatic Collection, Civil War, Coins, Currency and Medals

Exhibition:

Exhibition Location:

Credit Line: The Chase Manhattan Bank

Data Source: National Museum of American History

Id Number: 1979.1263.0407Accession Number: 1979.1263Catalog Number: 1979.1263.0407

Object Name: note

Physical Description: paper (overall material)Measurements: overall: 4.7 cm x 6.55 cm x .01 cm; 1 27/32 in x 2 19/32 in x in

Guid: http://n2t.net/ark:/65665/ng49ca746af-b116-704b-e053-15f76fa0b4fa

Record Id: nmah_1590356

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