Grading Fractional Currency: Why Centering, Margins, and Embossing Determine Everything in These Tiny Notes
Fractional currency grading is one of the most nuanced disciplines in American paper money collecting, where a millimeter of margin or the depth of a security impression can swing a note’s value by hundreds of dollars. This guide breaks down exactly what PCGS, PMG, and experienced collectors look for when evaluating these Civil War-era miniatures.
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