2034

Lot of (2) Items. 1862 Postage Currency Holder and Fr. 1230 5c First Issue Fractional.

Currency:USD Category:Coins & Paper Money Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
Lot of (2) Items. 1862 Postage Currency Holder and Fr. 1230 5c First Issue Fractional.
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Lot of (2) Items. 1862 Postage Currency Holder and Fr. 1230 5c First Issue Fractional.

A “Self-Binding Postage Currency Holder” as it states on the outer panel, in order to hold the recently introduced Postage Currency, which would eventually be called Fractional Currency. Two cardboard panels are held together with a pair of straps to keep the currency in place, with this “Manufactured and for Sale, Wholesale and Retail, by J. Magee, 316 Chestnut Street, Philadelphia”. James Magee was a printer and enthusiastic supporter of the Union during the Civil War, with many broadsides and envelopes found with his name and address. Included with the holder is a First Issue Five Cent note in Very Fine condition. While we are unable to confirm that this note has resided in the holder these past 158 years, one can imagine…

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