The product is a 25 cent First Issue Fractional Note with perforated edges and an ABNCo Monogram, graded as PMG 58 ChAU with a notation of a Minor Repair. This note features President Thomas Jefferson on the front and was issued late September to early October in 1862 during the Civil War era. It is a scarce piece of postage currency from the United States, measuring 47mm x 77mm, making it a valuable addition to any coin or paper money collection. Free shipping is included for this unique and historical item.