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10 Cents State of North Carolina
| Issuer | State of North Carolina |
|---|---|
| Year | 1863 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | The obverse is dominated by a central letterpress vignette of a beehive amid leafy branches, flanked by the arched legend STATE OF NORTH CAROLINA; a guilloche-bordered circular counter at upper right carries the numeral 10, and a vertical ornate panel at left bears the denomination TEN CENTS within a wavy-rule border. The date line RALEIGH, JANY 1, 1863 runs across the upper portion, with the promise text and BY AUTHORITY OF LAW cartouche at lower right, and the printer's imprint J.T. PATERSON & Co., AUGUSTA, GA. at lower left. A manuscript signature appears below center, with the additional legend RECEIVABLE IN PAYMENT OF ALL PUBLIC DUES completing the note. |
|---|---|
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| Reverse description | The reverse is unprinted, presenting only the plain natural paper stock with surface texture and minor toning consistent with period circulation use. |
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| Comments |
North Carolina turned to J.T. Paterson & Co. in Augusta, Georgia, because by 1863 the Confederate states had largely exhausted their access to competent Northern and European printing houses. Paterson was one of a handful of Southern firms capable of producing fractional currency at any volume, and they printed for multiple Confederate states simultaneously — which is why collectors frequently encounter near-identical typography across notes from entirely different issuing authorities.
Fractional state notes like this one emerged largely because small-denomination coinage had vanished from circulation, hoarded almost immediately after hostilities began. Ten cents was a genuinely useful amount in daily commerce, and state-issued scrip filled a gap the Confederate Treasury never adequately addressed.