1862 Confederate States 100 Dollar Note - Rare Detailed Steam Type - Interest Stamps - 1862 CSA One Hundred Dollar Banknote - CS-40/T-40

This listing is for the photographed 1862 Confederate States of America 100 Dollar Banknote. Signed and issued, dated October 1st, 1862. This note has two "Interest Paid" stamps on the reverse, dated January 1st, 1864, and January 1st, 1865, both at Jackson. The vignettes on the obverse of this note includes a center scene of a steam train locomotive and a sailing ship in the background, with the steam blown from the train being "diffused" or having shading details unlike other plain white steam issues. A vignette of a milkmaid holding a pail of milk above her head is featured on the left end of the obverse of this note. Very Fine (VF) grade/condition, some visible folds and other signs of circulation. Rarer early Confederate issued banknote during the Civil War. Great condition, perfect addition to any collection! CS-40/T-40.

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 Note - Rare Detailed Steam Type - Interest Stamps - 1862 CSA One Hundred Dollar Banknote - CS-40/T-40