1862 25 cent Fractional

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All,

Looking to determine if anyone has more information about this 1862 Village of Elmira 25 Cents fractional paper.

Thanks
TopekaGuy

Hello,

Obsolete fractional paper money issued by a municipality in NY State during the US Civil War. Not connected to the US federal government. Small change became scarce during the war, so local and federal fractional currency was issued. Price wise today: Village of Elmira 5¢; 10¢; 25¢ Nov. 1, 1862 set of 3 notes, Fine or better, sold for $99 by Heritage Auctions recently.

If you are looking for more detailed info on this particular municipal NY obsolete issue, I would suggest going over to the Paper Money Forum (https://www.papermoneyforum.com/), signing up and started a thread. There are a number of members there who have a tremendous amount of knowledge on US obsoletes, which is a huge category. The Society of Paper Money Collectors (https://www.spmc.org/) also has a lot of folks who specialize in US obsoletes.

Best regards.

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