Unissued 20 Centesimos note dated 1 July 1872 from P. Valdez & Co. of Tacuarembo (then San Fructuoso), printed by Lit. ... Read more →
This uncut vertical sheet of four 10 Centavos notes was issued by the Ayuntamiento (municipal council) of Zitácuaro in the state of Michoacán during the Mexican Revolution. Catalogued as M2952c, the issue belongs to the wave of emergency municipal currencies produced throughout Mexico between 1914 and 1916 when the collapse of the national monetary system created an acute shortage of small change. During the revolutionary conflict, the circulation of federal coinage and banknotes was severely disrupted. ... Read more →
Small‑change assignat issued by the Revolutionary government for the sale and administration of the 'Domaines Nationaux'—property confiscated from the Crown, Church and émigrés. These fractional notes functioned as day‑to‑day money during the inflationary years of the Revolution. The face shows the typographic layout introduced for the small denominations: a classical frame with civic emblems and the famous border mottos 'LA LOI PUNIT DE MORT LE CONTREFACTEUR' and 'LA NATION RÉCOMPENSE LE DÉNONCIATEUR'. ... Read more →
The Fourth Issue 25 Cents Fractional Currency note, cataloged as Friedberg 1301, represents the mature phase of the Civil War–era fractional paper money system. Fractional currency was introduced during the coin shortages of the early 1860s when hoarding of silver created a critical absence of small change in circulation. By the Fourth Issue, the United States Treasury had refined both design and anti-counterfeiting measures to a high degree of technical sophistication. ... Read more →