Description
FR‑1318 50 Cents Second Issue – PMG 64EPQ
The FR‑1318 50 Cents Second Issue fractional note is an important example from the early era of U.S. fractional currency. During the Civil War, the nation faced a severe shortage of small‑denomination coins. As a result, fractional notes became essential for everyday transactions, and the 50‑cent denomination quickly became one of the most widely used. This variety is especially recognizable due to its bold surcharges and strong visual appeal.
Distinctive Surcharges and Design
This note features the well‑known “18‑63” and “1” surcharges, which were applied to help deter counterfeiting and identify production batches. These markings add character and make the FR‑1318 variety easy to identify. Additionally, the printing remains sharp, the color is vivid, and the layout reflects the classic Second Issue design that collectors appreciate. The combination of strong ink, balanced margins, and crisp detail gives this note excellent eye appeal.
PMG 64EPQ – Choice Uncirculated Quality
Graded PMG 64EPQ, this example offers Choice Uncirculated quality with fully original paper. The EPQ designation is especially valuable because it confirms that the note has not been pressed or altered. Therefore, collectors can trust that the paper retains its natural texture, brightness, and integrity. The surfaces are clean, the edges are well‑cut, and the overall presentation is strong for the grade.
A Premium Addition to Any Collection
Collectors value FR‑1318 notes for their combination of historical importance and visual interest. Moreover, the presence of clear surcharges makes this variety even more desirable. Whether you are building a complete Second Issue set or adding a single premium example, this PMG‑certified note offers originality, authenticity, and long‑term collector appeal.