July 14th, 2011
This lot is closed for bidding. Bidding ended on 7/14/2011
Two pieces of Federal “Postal Currency”, includes a five with image of Thomas Jefferson and a ten with George Washington, each 2-1/2”x1-3/4”, and are in very good condition. Postal Currency, or Postage Currency, was a form of US Post Office paper money printed in 5¢, 10¢, 25¢, and 50¢ denominations and issued from August 21, 1862 through May 27, 1863. They were valid for redemption of postage stamps and, while not actually valid as legal tender, they could be exchanged for United States Notes in $5 lots and were receivable in payment of all dues to the United States, up to $5. Essentially, they were postage stamps printed on Treasury paper.
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