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Denver Coins --> Obsolete Currency --> First Issue Five Cent Note

Denver Gold and Silver Exchange
5475 Leetsdale Dr Suite 210
Denver, Colorado 80246

Open Monday - Saturday 10 am to 5 pm Call anytime - leave a message: 303-333-1411
Call anytime - leave a message: Main Number: 303-333-1411

First Issue Five Cent Note: Printed 08/21/1862—05/27/1863

Jefferson on Obverse

Monogrammed reverse indicating that the obverse and
reverse were done by different companies, The
American Bank Note Company, and the National
Bank Note Company.

Imperforate edges

Though hastily enacted and signed into law by President Lincoln on July 17th, 1862, the first issue of "Postage Currency" was no less artful than the stamps which their designs were based.

In haste to get some change of sorts back into the marketplace, the government assigned the obverse and reverse engravings to two different companies, the American and the National Bank Note Companies.

The earliest issues maintained the "perforated" edges of regular stamps. They were short-lived and therefore more rare—and today more dear—than the "clean edge variety. They came in 5, 10, 25, and 50-cent denominations, the 25 and 50-cent examples created by simply repeating the portrait pattern across the notes. All these issues were stamped inscribed "Postage Currency" and all following issues "Fractional Currency".

Twelve Shillings 10, of April 1777

Virginia Currency

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