5 Cents "Postage Currency" - 1st issue

5 Cents ("Postage Currency" - 1st issue) -  obverse5 Cents ("Postage Currency" - 1st issue) -  reverse

© worth (CC0)

Features

Issuer United States
Period Federal republic (1776-date)
Type Standard banknote
Year 1862
Value 5 Cents (0.05 USD)
Currency Dollar (1785-date)
Composition Paper
Size 65 × 46 mm
Shape Rectangular
Number N# 213449
Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html)
References P# 97,
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.
Fr US# 1228-1231
Arthur L. Friedberg, Ira S. Friedberg; 2021. Paper money of the United States : a complete illustrated guide with valuations (22nd edition). Coin & Currency Institute, Williston, United States of America.

Obverse

5 Cents United States postage stamp featuring Thomas Jefferson, with counters on each side.

Script: Latin

Lettering:
POSTAGE CURRENCY
Furnished only by the
ASSISTANT TREASURERS
AND DESIGNATED DEPOSITORIES OF
THE U.S.
U.S. POSTAGE
FIVE CENTS
RECEIVABLE FOR POSTAGE STAMPS
AS ANY US POST OFFICE
NATIONAL BANK NOTE CO. N.Y.

Engravers: W. Marshall, Cyrus Durand, W. D. Nichols

Designer: James Macdonough

Reverse

Large counter in center

Script: Latin

Lettering:
Exchangeable for United States Notes
by any Assistant Treasurer
or designated U.S. Depository
in sums of not less than
FIVE DOLLARS
Receivable in payment
of all dues to the U. States less that Five Dollars
ACT APPROVED JULY 17, 1862
ABC

Engraver: J.E. Van Houten

Designers: James P. Major, Nathaniel Jocelyn

Comments

The notes were printed by two companies.  The National Bank Note Company printed the front and the American Bank Note Company printed the backs.  When the National Bank Note Company printed both sides it is believe the ABC monogram of the American Bank Note Company was removed.

See also

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Date VG F VF XF AU UNC Frequency
1862  21% Perforated edges; ABNC monogram on back, Fr US# 1228
1862  0% Perforated edges; w/o ABNC monogram, Fr US# 1229
1862  67% Straight edges; ABNC monogram on back, Fr US# 1230
1862  13% Straight edges; w/o ABNC monogram, Fr US# 1231

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Numista Rarity index: 79 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

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