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10 Cents State of North Carolina

Issuer State of North Carolina
Year 1862
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Printer J.T. Paterson & Co.
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Obverse description The upper portion carries an engraved agricultural vignette of a farmer guiding a two-horse plow, rendered in fine intaglio style, flanked by the large cursive title 'THE STATE OF NORTH CAROLINA' in bold letterpress. A numeral '10' counter is set within an ornate scrollwork frame at the upper right, while a circular impressed device at the lower right reads 'Receivable in payment of all Public Dues.' The promise text, date 'Raleigh Sept. 1st 1862,' and the printer's imprint of J.T. Paterson & Co., Augusta, Ga. appear in cursive script, with a manuscript signature across the lower center.
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Reverse description Plain unprinted paper with light show-through of the obverse inscription and a faint manuscript notation visible at the lower right, otherwise entirely blank.
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Comments

North Carolina turned to J.T. Paterson & Co. in Augusta rather than a Northern house for obvious reasons — by 1862, the established engravers in New York and Philadelphia were entirely inaccessible to Confederate-aligned state governments. Paterson was one of several Southern printers pressed into currency work well outside their usual commercial output, and the limitations show in the relatively crude execution compared to antebellum state issues.

North Carolina issued fractional notes partly to address the acute shortage of small change that plagued the Confederate states throughout the war, as coin disappeared from circulation almost immediately after secession.

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