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1 Dollar State of North Carolina
| Issuer | State of North Carolina |
|---|---|
| Year | 1863 |
| Type | Standard circulation banknote |
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| Obverse description | At left, a harbour vignette shows three sailing vessels with cargo including barrels and boxes on the wharf; at centre, two allegorical female figures representing Commerce and Industry jointly support a large numeral '1', one figure holding the digit and the other a cornucopia symbolising abundance. At right, a vignette of three factory buildings with smoking chimneys is flanked by manufactured goods, the whole composition executed in fine letterpress with engraved vignettes typical of mid-19th-century Southern note production. |
|---|---|
| Obverse lettering | Issued Under Act Ratified 20th Dec 1862 The State of North Carolina Will pay One Dollar to Bearer at the Treasury on or before 1st Jan. 1866. Raleigh January 1st 1863. No. for Pub. Treasr. J. T. Paterson & Co. Augusta, GA. Receivable in Payment of all Public Dues |
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| Comments |
North Carolina issued this note under state authority rather than Confederate federal authority — a distinction that mattered during the war, as North Carolina's treasurer maintained tighter controls over emission volumes than Richmond ever managed. J. T. Paterson & Co. operated out of Augusta, Georgia, one of the few Southern printing houses with sufficient press capacity after blockades cut off access to Northern and British printers.
Paterson notes from this period are known for inconsistent ink saturation across the run, a byproduct of wartime supply shortages affecting both ink and roller composition. The Criswell CS#132 designation places this within the 1863 state emission series, by which point North Carolina had already begun struggling to maintain confidence in its own paper against accelerating Confederate inflation.