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Greysheet & CPG® PRICE GUIDE

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The Greysheet Catalog (GSID) of the Fourth Issue series of Fractional Currency in the U.S. Currency contains 16 distinct entries with CPG® values between $23.00 and $10,000.00.
A major coin shortage during the Civil War, which lasted from 1861 through 1865, required the United States to employ an innovative way of keeping the economy moving even when small change was largely absent from the scene. The creation of fractional currency, or paper notes of denominations less than $1 face, helped bridge that economic gap. Issued from 1862 through 1876, fractional currency became a satisfactory solution to the problem and saw five issuances.

The Fourth Issue, printed from July 14, 1869 through February 16, 1875 consisted of 10-, 15-, 25-, and 50-cent denominations, each with a distinct design. The paper money of the Fourth Issue stands out as the first among fractional currency to bear a Treasury seal. Unique to the Fourth Issue are 15-cent notes, which today represent among the scarcest notes in the entire family of United States Fractional Currency.

Catalog Detail

  Fourth Issue Value Range Favorite
Fourth Issue Value Range  
10c Bust of Liberty (Fr. 1257)
$23.00
-
$1,550
$23.00 - $1,550
10c Bust of Liberty (Fr. 1258)
$23.00
-
$1,500
$23.00 - $1,500
10c Bust of Liberty (Fr. 1259)
$23.00
-
$1,600
$23.00 - $1,600
10c Bust of Liberty (Fr. 1261)
$23.00
-
$2,250
$23.00 - $2,250
15c Bust of Columbia (Fr. 1267)
$70.00
-
$1,500
$70.00 - $1,500
15c Bust of Columbia (Fr. 1268)
$110.00
-
$4,400
$110.00 - $4,400
15c Bust of Columbia (Fr. 1269)
$70.00
-
$2,750
$70.00 - $2,750
15c Bust of Columbia (Fr. 1271)
$70.00
-
$3,150
$70.00 - $3,150

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15c Black Front (Fr. 1272)
-
 
25c Bust of George Washington (Fr. 1301)
$24.00
-
$1,500
$24.00 - $1,500
25c Bust of George Washington (Fr. 1302)
$24.00
-
$2,200
$24.00 - $2,200
25c Bust of George Washington (Fr. 1303)
$24.00
-
$1,250
$24.00 - $1,250
25c Bust of George Washington (Fr. 1307)
$24.00
-
$3,000
$24.00 - $3,000
50c (Fr. 1374)
$75.00
-
$10,000
$75.00 - $10,000
50c (Fr. 1376)
$32.00
-
$2,500
$32.00 - $2,500
50c (Fr. 1379)
$30.00
-
$2,450
$30.00 - $2,450
       

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Greysheet Catalog Details

The Greysheet Catalog (GSID) of the Fourth Issue series of Fractional Currency in the U.S. Currency contains 16 distinct entries with CPG® values between $23.00 and $10,000.00.
A major coin shortage during the Civil War, which lasted from 1861 through 1865, required the United States to employ an innovative way of keeping the economy moving even when small change was largely absent from the scene. The creation of fractional currency, or paper notes of denominations less than $1 face, helped bridge that economic gap. Issued from 1862 through 1876, fractional currency became a satisfactory solution to the problem and saw five issuances.

The Fourth Issue, printed from July 14, 1869 through February 16, 1875 consisted of 10-, 15-, 25-, and 50-cent denominations, each with a distinct design. The paper money of the Fourth Issue stands out as the first among fractional currency to bear a Treasury seal. Unique to the Fourth Issue are 15-cent notes, which today represent among the scarcest notes in the entire family of United States Fractional Currency.

Catalog Detail