1839 - Domestic Rates |
Fractional Scrip with Spanish Coin |
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Elizabeth City, North Carolina usages, 12½¢ and 25¢ rate handstamps (1839, 1835) |
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Neither the 12½¢ or 25¢ postal rates in effect from 1816 until 1845 were based on decimal divisions of the dollar. |
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1837 12½¢ interest bearing scrip with illustration of Spanish Colonial 1 real coin at right |
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| Fractional scrip that circulated, especially during Panic of 1837, was often related to the Spanish Colonial coins in circulation. Denominations as well as illustrations are a reflection of those coins. |
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Richard Frajola, May 2006 |
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