Confederate Currency, Confederate States of America, One Hundred Dollars, 1862

Summary

When the Civil War broke out, the newly formed Confederate States of America needed to create a monetary system to finance the government and the war effort. The Confederate Treasury printed bank notes in 50-cent, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations. Some were interest-bearing notes, others not.

When the Civil War broke out, the newly formed Confederate States of America needed to create a monetary system to finance the government and the war effort. The Confederate Treasury printed bank notes in 50-cent, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations. Some were interest-bearing notes, others not.

Artifact

Paper money

Date Made

1862

Subject Date

28 July 1862

Creators

Confederate States of America. Dept. of the Treasury 

J.T. Paterson & Company 

Place of Creation

United States, Virginia, Richmond 

United States, South Carolina, Columbia 

Creator Notes

Issued by the Confederate States of America Treasury, Richmond, Virginia. Engraved by J.T. Paterson & Co. in Columbia, South Carolina.

Location

Not on exhibit to the public.

Object ID

28.662.19

Credit

From the Collections of The Henry Ford. Gift of Albert A. Grinnell.

Material

Paper (Fiber product)

Dimensions

Height: 3.25 in

Width: 7.5 in

Inscriptions

In part, recto: THE CONFEDERATE STATES OF AMERICA / WILL PAY ONE HUNDRED DOLLARS TO BEARER / WITH INTEREST AT TWO CENTS PER DAY / RICHMOND / JULY 28 1862 / NO. 26290 (?) / J.T. PATERSON COLUMBIA S.C. Stamped on back: INTEREST PAID TO / 1ST JANUARY 1865 / AT AUGUSTA

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