This is a rare and beautiful 1st issue 50¢ fractional currency, perfected with no monogram and a unique perforated design. This note has been circulated, adding to its historical significance and value. It is a great addition to any collection of paper money and is uncertified, making it a unique find for collectors. The denomination of the note is 50c and it is classified as fractional currency. This note is a must-have for any serious collector of US notes and paper money.