Catalog
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| Issuer | Confederate States of America |
|---|---|
| Year | 1861 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | P#27a - Printer. J. T. Paterson P#27b - Printer. Hoyer & Ludwig, Richmond VA |
| Comments |
Hoyer & Ludwig were a Richmond lithographic firm with no prior banknote experience when the Confederacy turned to them in 1861 — the scarcity of established Southern printers forced the new government to use whoever had a press. The results were predictably uneven. Lithography rather than intaglio engraving made these notes far easier to counterfeit, and Northern counterfeiters exploited that weakness almost immediately, flooding Confederate markets with convincing fakes.
The watermark was among the few security concessions available given the limited materials and skills on hand. Paper sourced domestically varied considerably in quality across the run.