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10 Dollars State of Mississippi
| Issuer | State of Mississippi |
|---|---|
| Year | 1862 |
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| Value | Log in to see details |
| Currency | Dollar |
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| Obverse description | Green-tinted letterpress note issued by the State of Mississippi, carrying the manuscript date of November 1st, 1862, with the legend 'Faith of the State Pledged' printed in red as a prominent underprint across the face. The text panel specifies fundability in eight per cent interest bonds redeemable in ten years and the promise to pay Ten Dollars to Bearer at the Treasury office in Jackson, Mississippi. Blank spaces are reserved for manuscript insertion of the issue date. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is entirely unprinted, presenting plain paper stock that exhibits age toning, fold lines, and scattered soiling consistent with regular circulation use. |
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| Comments |
Mississippi was one of the few Confederate states to issue its own paper currency independently of the Confederate Treasury, and this 1862 note comes from a period when the state government in Jackson was printing aggressively to fund militia and infrastructure costs it couldn't cover through taxation. The state's own issues ran alongside Confederate notes simultaneously, creating a crowded and rapidly depreciating currency pool that left ordinary Mississippians holding multiple layers of increasingly worthless paper by war's end.
Redemption after the war was never a serious prospect. Mississippi's state currency was repudiated wholesale, and no postwar redemption program was established.