Friday, July 8, 2011
Yes, you’re looking at a Ten Cent paper note, otherwise called Fractional Currency. Commonly known at the time as “shinplasters”, these early American notes came on the seen during the Civil War. Called shinplasters because no one wanted them at the time and soldiers used to stuff them into their boots to prevent blisters. During the Civil War all metals were needed to produce war implements. This caused a shortage for making coins and the government came up with this idea. You can collect these notes and expect to pay about $40 - $70 for one like this based on its condition.