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1 Dollar Virginia Treasury Note
| Issuer | Commonwealth of Virginia Treasury |
|---|---|
| Year | 1862 |
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| Shape | Rectangular |
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| Obverse description | Central intaglio vignette of a seated allegorical female figure representing agriculture, resting beside a barrel and farm implements with a riverside industrial scene in the background. An oval portrait of an unidentified gentleman is set at the lower left, while a circular lathe-work medallion bearing the word ONE in script appears at the lower right. Large red numeral "1" counterstamps occupy the upper left and upper right corners, with the title legend arching across the top in bold relief lettering. |
|---|---|
| Obverse lettering | VIRGINIA TREASURY NOTE Richmond May 15 1862 The Commonwealth of Virginia Will pay ONE DOLLAR to bearer on demand at the Treasury |
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| Comments |
Virginia's wartime treasury notes were a stopgap against a severe coin shortage that bit hard in 1861–62, when Confederate citizens hoarded specie almost immediately after secession. Hoyer & Ludwig, the Richmond lithographic firm that printed much of the Confederacy's early fractional and state paper, worked under constant supply pressure — ink, stone, and skilled labor were all scarce, and it shows in the uneven print quality characteristic of this series.
Bennett and Cleaner signed by hand across hundreds of these notes. The sheer volume required for fractional circulation meant fatigued, rushed signatures were the norm, and authentic examples often look almost perfunctory compared to the careful autographs collectors expect on higher-denomination wartime issues.