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1 Dollar

Issuer Confederate States of America
Year 1863
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Value 1 Dollar
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Obverse description Central oval vignette contains an intaglio portrait of Clement Claiborne Clay, framed by a wreath of laurel branches on a pink-tinted ground. Two circular denomination counters bearing the numeral "1" are positioned to either side of the central vignette, with the large bold legend "ONE" printed vertically at each lateral margin. The place and date of issue appear in script at upper centre, and the engraver's imprint "Engraved by Keatinge & Ball, Columbia S.C." is visible at the lower centre below the bearer obligation.
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Reverse description Reverse entirely unprinted, presenting a plain pink paper surface with no design, lettering, or ornamentation of any kind.
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Comments

Keatinge & Ball relocated their operation to Columbia, South Carolina after the Union naval blockade made importing pre-printed note stock from Northern and European firms effectively impossible. By 1863, the Confederate Treasury was issuing currency faster than it could be redeemed, and the $1 denomination was something of an afterthought — too small to cover most wartime transactions, which inflation had pushed well beyond face value within months of issue.

P#49 is among the less-encountered K&B issues, partly because lower denominations were discarded rather than saved once they became economically worthless. Columbia itself was burned in February 1865, destroying remaining stock and press equipment.

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