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Museum Archives

Confederate Currency

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Museum Archives

Confederate Currency

The Confederate States of America released their first issue of paper money in April, 1861, when their provisional government was only two months old. The Civil War started that same month. During the Confederacy's existence, paper money was not only issued by the Confederate government but also by the individual Southern State governments, local municipalities, numerous private banks and merchants. This paper money was usually exchangeable for Confederate notes. By the end of the war, most State, local municipality, private bank, and merchant issued money became as worthless as Confederate money. Below is a sample of confederate currency from our archives.

Click image to see larger version.

	$100 Confederate Note Issued November 6, 1862. Slave hoeing cotton in the center with John C. Calhoun on the left and Columbia on the right.
	$50 Confederate Note Issued December 2, 1862. President of the CSA, Jefferson Davis, at center.
	$20 Confederate Note Issued February 17, 1864. Tennessee State Capital at Nashville in center, Alexander Stephens, vice president of the CSA on right.
	$10 Confederate Note Issued September 2, 1862. Woman reclining on cotton bale, R.M.T. Hunter, Confederate Cabinet Member on right.
	$5 Confederate Note Issued September 2, 1861. Sailor and Cotton bales in center. Christopher Memminger, CSA cabinet member, at left. Justice and Ceres at right.
	$2 Confederate Note Issued April 6, 1863. CSA Cabinet member, Judah Benjamin, on right and a large "2" in the center.
	$1 Confederate Note Issued June 2, 1862. Ship in center with Lucy Pickens (Wife of the Governor of S.C) on right and a woman on the left. This note is smaller that most other notes.
	50 Cents The Mississippi Central Railroad Company Issued January 1, 1862. Hard currency was very scarce in the South during the rebellion and most of the States, southern counties, towns and businesses issued currency in order to transact business. This financial system soon imploded on itself as the Confederate States of America had very little gold, silver or hard assets to back up all this paper money that the South had in circulation.
	25 Cents The Mississippi Central Railroad Company Issued January 1, 1862. Hard currency was very scarce in the South during the rebellion and most of the States, southern counties, towns and businesses issued currency in order to transact business. This financial system soon imploded on itself as the Confederate States of America had very little gold, silver or hard assets to back up all this paper money that the South had in circulation.