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    Description

    Popular Fractional Currency Shield

    Fractional Currency Shield with Gray Background, Fr-1382, Fine-VF. Simply framed with 39 relatively undamaged notes, although a tape repair at center right slightly affects the Second Issue 25 Cents Washington obverse and reverse. There is moderate staining about the margins, as are nearly all water damaged shields recovered from flooded Treasury vaults, and a horizontal tear bisects the midway point. Fortunately the tear doesn't seem to have entered the actual notes. These shields were sold to banks by the Treasury Department for several years following the Civil War to aid in the detection of counterfeit notes. Three background colors were used, of which gray is the most frequently encountered. An always impressive display item. (PCGS# 1382000)

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    Auction Dates
    May, 2000
    4th-5th Thursday-Friday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
    Page Views: 281
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