Friedberg – Page 2

Grading Fractional Currency Fifth Issue Notes: How Perforations, Surcharges, and Experimental Varieties Affect Grade Assignment

June 15, 2026June 15, 2026 by

The Fifth Issue of United States Fractional Currency (1874-1876) presents some of the most nuanced grading challenges in all of American paper money collecting, with perforations, surcharges, and rare experimental varieties each capable of dramatically shifting a note’s grade and value. This guide breaks down exactly what graders look for, which varieties command premiums, and how to evaluate your own Fifth Issue pieces with confidence.

Series 1882 $5 National Bank Note Value Back: How the Denomination in Words Replaced the Charter Date

June 15, 2026 by

The 1882 Value Back $5 National Bank Note represents one of the most visually distinctive transitions in American currency design, replacing the charter date panel with a bold denomination spelled out in words. Understanding the three distinct back types of the 1882 series, and knowing which signature combinations and issuing banks command serious premiums, can mean the difference between a routine purchase and a transformative addition to your collection.

The Series 1869 $1 Rainbow Note: America’s Most Colorful Large-Size Legal Tender

June 15, 2026 by

The Series 1869 $1 Legal Tender note earned its ‘Rainbow Note’ nickname through a stunning multicolor design that set it apart from every other piece of American paper money. Collectors at every level prize this note for its historical significance, artistic beauty, and the fascinating story behind its production.

The Series 1907 $5 United States Note Woodchopper: Why This Note Has a Cult Following Among Collectors

June 15, 2026 by

The Series 1907 $5 United States Note featuring the iconic ‘Woodchopper’ vignette is one of the most visually striking and historically significant large-size notes ever issued by the U.S. Treasury. Learn what makes this note a perennial favorite, how to identify key varieties, and what condition really means when you are hunting one for your collection.