Re: Need help ID'ing 1836 15 Cent bill? - **PIC**
It's called Fractional Currency. Yours is from the Fourth Issue (July 14,1869-Feb.16, 1875). That issue came in denominations of 10C, 15C, 25C and 50C. Your bill should measure 90 X 48mm. It features the bust of Columbia. The bill came in four varieties. The VG-8 values (per the Red Book-retail--2008 edition) range from $55(three varieties) to $300 (one variety). The $300 valued one is unwatermarked with pink silk fibers.
Don...
PS: Your currency is the only 15C denomination in U. S. government monetary history; something to highlight in the sales pitch should your friend choose to sell.