Lot
2403 
Confederacy, 1863, 20¢ Green, Used As Fractional Currency, block of six with red manuscript "Houston Tex, July 13, 1864, Paid $120"; faults including creasing, Fine, the only recorded Texas $1.20 Fractional Currency use, ex-Bleuler. Scott No. 13 var. Estimate $1,000 - 1,500.
Stamp Money: stamps were sold for cash or given in change at the post office, in small fractional currency form by the postmaster, would thus become a medium of exchange and receivable for stamps at the post office where they were issued or endorsed. Some Confederate postmasters issued small size, printed fractional currency notes that were redeemable at their post office.