1 Dollar Corporation of Richmond

Richmond's municipal government issued its own fractional notes in 1861 because the Confederacy's monetary apparatus was not yet functioning and coin had vanished from circulation almost immediately after secession. Cities across the South improvised similarly, but Richmond's position as the newly declared Confederate capital gave its scrip an unusually charged political moment — these notes circulated in the same streets where the Confederate Congress was assembling.

Locally printed, which shows. Production quality varied considerably across the series, and misaligned impressions are common enough to be expected rather than remarkable.