1862 Confederate States 100 Dollar Notes - Two Notes/Double Sided - 1862 Civil War CSA One Hundred Dollar Banknotes - CS-41/T-41

This listing is for the photographed Two 1862 Confederate States of America 100 Dollar Banknotes Glued Together. These notes were contemporarily attached to each other during or shortly after the Civil War, making a double-sided note. Both signed and issued, dated August 30th, 1862, and the other dated November 20th, 1862. Both notes have at least one "interest paid" stamp on the reverse, although they can only be seen by their fading onto the note's obverse. The vignettes on the obverse of these notes include a scene of slaves farming in a field at the center, the personification of Colombia on the right end, and a portrait of John C. Calhoun of South Carolina on the left end. Fine (F) grade/condition, folds and signs of circulation. Rarer early Confederate issued banknote during the Civil War. Interesting note. Great condition, perfect addition to any collection! CS-41/T-41.

These notes were most likely glued together for one of two reasons. First, they were glued together during the Civil War as an early attempt at currency reform in the confederacy, before the Currency Reform Act of 1864. Or second, they were glued together shortly after the Civil War as a souvenir of the Confederacy. The Currency Reform Act of 1864 went into effect East of the Mississippi in early 1864, but since Union forces occupied the Mississippi River, it was difficult for reform measures to travel to the western Confederate States, delaying currency reform in the West. Some Western localities in the Confederacy began enacting their own measures of currency reform in place of those done through the act, either destroying certain amounts of circulated banknotes to stop inflation, or gluing banknotes together to equal the denomination on the note. These types of unregulated reform measures were also done before the Currency Reform Act was enacted, but these reforms never amounted to any successful aid in inflation rates. These two notes could have been glued together in any of these scenarios, but it is clear that these notes were attached contemporarily to their issuance. 

Confederate Treasury Notes (banknotes) were ultimately issued in 50¢, $1, $2, $5, $10, $20, $50, $100, $500 and $1,000 denominations with a variety of designs, issuers and redeemable obligations. The amount of currency issued under the various acts of the Confederate Congress totaled $1.7 billion. Bills were released in 72 different note "types" in seven "series" from 1861 through 1864.

Since there were many types of Confederate notes as well as notes issued by the states of the Confederacy, and since banks could issue their own notes, counterfeiting was a major problem for the Confederacy. Many of these contemporary counterfeits are identifiable today and they can be as valuable to a collector as a real note.

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1862 Confederate States 100 Dollar Notes - Two Notes/Double Sided - 1862 Civil War CSA One Hundred Dollar Banknotes - CS-41/T-41