Looking for information on 1st Issue Fractional Currency
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I purchased this when I was a kid for a couple of dollars at a flea market I have noticed a dot before the "Act" which is the same ink on the paper and the faded written initials .W.L. on the left and right lower corners as shown in the scans. Other 1st issue 10 cent currencies don't have the dot and more so the initials in the corners. I did find something on the initials of .W.L. which could be Waterman Lily Ormsby (W.L. Ormsby) an engraver which also did bank notes and some of the fractional currency just trying to verify and find more information
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Try CU currency forum. The knowledge there is unbelievable.
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I have got a response from a friend outside the forum about the dot that it is a punctuation mark /dot for a bullet since there is period after the Five Dollars.
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This is designated as FR-1242 with monogram. The monogram is the ABCo, which means American Banknote Company. The initials have nothing to do with the note itself. It was very common for people to write their initials on fractional currency like this. I once had one that had a full note about the person owning it and noting the date. In this condition it does not hold a lot of value. You can find CU (crisp uncirculated) ones for less than $100 and EF (extra fine) ones in the $60 range.
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