The figure on this piece is the "Bust of Liberty". This is the fourth issue. It was the first series to bear the Treasury seal and was issued from July 14th, 1869 to February 16th, 1875. Fractional Currency was used during the Civil War time period because of the coin shortage. This led to changes in money with the 3, 5, 10, 15, 25, and 50 all being used as paper Fractional Currency instead of coins.
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