Fr 1229 5¢ First Issue Fractional - Perforated F - VF

Fr 1229 5¢ First Issue Fractional - Perforated F - VF

Fr 1229 5¢ First Issue Fractional – Perforated - F - VF. A beautiful example of the first released 5 cent First Issue Perforated Fractional.  This is the less common type without a monogram on the reverse. These notes were made to resemble postage stamps early on which accounts for the perforations. The perforations turned out to be a hassle so they were quickly discontinued. These notes are not easy to come by and have very few retail listings. Graded Fine to Very Fine

    $85.00Price