The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-04-21

shield The varieties consisted Of plain
paper and fiber paper. with bronze letters
on the back. The one on the fiber paper
Is worth 81,
The other general type shows the large
bust Of f. E. Spinner, the United States
Treasurer. Two varieties of this showed
at either end OF the reverse the figure
80 while the third had an engraved
so in the center This last is valued
at g when IN crisp condition.
The f0erth issue Of fractional notes
dropped the denomination of cents and
took up that of l. cents. There were four
varieties OF the Decent notes, all of them
bearing a large bust OF Liberty IN black,
at the left of the diverse being a large
Treasury seal in red. The diverse was
printed by the American Bank Note Com
pany. and the reverse by the National
Bank Note Company. Either Of these
varieties IN crisp condition Is worth s.
cents
There were also four varieties Of the
i5-cent notes of this issue, all bearing TO
the Left of the diverse portrait emblem
attic of Columbia wearing a corOnet Of
three stars, surmounted by an eagle, with
the motto Il PlurIbus Unum" under
meath The diverse OF these notes was
printed by the National Bank Note Com
paly and the reverse by the American
company. The rarest Of the denomina-
ton. on fiber paper. with blue end and
large seal, IS worth 81 when IN perfect
unused condition.
One Dollar for TyyeHty-fve-eenf Bill.
The portrait Of Washington is shown
to tie left Of all OF the four varieties Of
2J-cent notes, each Of which Is valued at
from 20 cents 10 81 when perfect and on
hber paper. with blue ends.
There are three varieties Of the 50-cent
notes Two Of these bore the portrait OF
Lincoln TO the extreme right. with %"
AT each OF the upper corners These are
each valued at about 81 when in unused
condition
The third variety was Of much different
design, showing 10 the left a portrait OF
Stanton. This note in perfect condition Is
valued at 81.
The fifth and last issue Of fractional
currency comprised denominations Of IL,
.. and 50 cents OF the Decent notes
there were three varieties, all bearing 10
the left large portrait Of William n.
Meredith. Secretary of the Treasury IN
1919 On violet paper a specimen OF this
note III crisp condition, with green seal,
is worth 80 cents
The 25-cent notes are Of two varieties,
both bearing TO the left the portrait of
Robert J. Walker Secretary of the Treas
ury ia 1916. These varieties, which show
both short and long keys in the seal, are
valued at - cents each when in crisp
condition.
Held by Outsiders.
The 5O-cent notes are of two designs.
the first showing TO the left the portrait
of Samuel Dexter, Secretary Of the Treas
Try in 1901 This note IN crisp condition
is worth 50 cents.
The second variety shows to the left a
portrait Of William H. Crawford. The
back Of this bill was engraved by Joseph
r. Carpenter. Of Philadelphia. A fine
specimen is worth 70 cents.
Many Of these fractional notes are still
held outside OF the Treasury Department
the latest government report showing that
there yet remains to be redeemed over
SIS. Coo 60 worth. From June 80 1868. to
June 30. 1896. Sl.S5IS0 OF the small notes
were redeemed. No scent notes were re-
deemed during this period, but this fact
ia no wise indicates scarcity, as the
records show outstanding over $50 COZ
worth. Il is probable, however, that
many of these have been destroyed
Collectors value specimens Of fractional
currency only when in uncirculated con-
diti0u. In ordinary or used state the
varieties are worth very much less than
the premiums herein mentioned, being
held IA many instances only at face value