1864 10c Fractional Currency

Tony K. writes: I have a ten cent fractional currency (U.S. X Cent) from 1864. The picture has the name William M. Me????. I know fractional’s were never popular. However I can’t seem to find any information on the X Cent Fractional. Thanks.

You have a 5th issue fractional currency 10 cents. This issue circulated between February 26, 1874 and February 15, 1876. The face is black and features a portrait of William Meredith, the Secretary of the Treasury 1849-1850. The back is green, cotton fibers are visible in the blank field. The obligation is printed inside of an oval design. The printer was the Columbian Bank Note Co.

See: U.S. Fractional or “postage” currency