Catalog
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| Issuer | Confederate States of America |
|---|---|
| Year | 1862 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Left margin carries a standing female allegorical figure on a pedestal, with a large blue «ONE» underprint below. Centre vignette shows a naval battle scene with sailing vessels at sea. Lower right holds an oval portrait of a young woman in intaglio. A guilloche-framed numeral «1» occupies the upper right corner. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Entirely unprinted, plain paper reverse with no vignette, lettering, or ornamental work of any kind. |
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| Comments |
Hoyer & Ludwig were a Richmond lithographic firm pressed into currency production after the Confederacy's preferred Northern suppliers became inaccessible at the outbreak of war. Their output was lithographic rather than intaglio, which made Confederate notes far easier to counterfeit than federally-issued paper — a problem serious enough that the Richmond government received reports of Northern-produced fakes within months of circulation.
The $1 denomination was unusual for Confederate issues; most small-value paper was left to individual states and municipalities. By 1862, coin had nearly vanished from circulation in the South, forcing the central government into denominations it had initially avoided.