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1 Dollar Central Bank of Virginia
| Issuer | Central Bank of Virginia |
|---|---|
| Year | 1862 |
| Type | Log in to see details |
| Value | 1 Dollar |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | No_____ Staunton, July 4th, 1862 The Central Bank of Virginia WILL PAY TO BEARER ONE DOLLAR _________Cas. __________Prest. |
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| Reverse lettering | TEN DOLLARS STAUNTON American Bank Note Company. TEN+TEN+TEN+TEN Cash. Pres. No. [number] 20 |
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| Comments |
The Central Bank of Virginia was a Richmond-chartered institution that issued notes under the authority of the Commonwealth during the Civil War, when Virginia's banking system fractured badly between state-chartered banks, the Confederate treasury, and competing local scrip. This note was printed by the American Bank Note Company in New York — a Union city — from plates almost certainly engraved before secession, when ABNCo held contracts with dozens of Southern banks and had no reason to anticipate the political rupture that would make delivering those finished notes an act of extraordinary logistical difficulty.
By 1862, ABNCo was technically enemy territory for Virginia's issuers. How finished stock moved south, and when, remains a matter of incomplete documentation for most Virginia bank series.