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10 Dollars State of South Carolina
| Issuer | State of South Carolina |
|---|---|
| Year | 1872 |
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| Composition | Paper |
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| Obverse description | At left, a vignette of an ornate iron gate; upper right bears a Roman numeral X framed by foliate decoration. A large green TEN outline overprint occupies the central field, with the entire outer border composed of repeated TEN lettering as a typographic frame. |
|---|---|
| Obverse lettering | State of South Carolina Receivable as TEN DOLLARS, in payment of all Taxes and Dues of the State, Except Special Tax Levied to Pay Interest on Public Debt |
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| Comments |
South Carolina's 1872 state currency issues emerged from the wreckage of Reconstruction finance. The state government, under Republican administration and accused by opponents of spectacular graft, was issuing scrip against revenues that were themselves contested — the tax base was unstable, bonded debt was climbing toward default, and faith in any paper carrying the state's name was limited at best. South Carolina formally repudiated much of its Reconstruction-era debt in the 1870s and 1880s, which complicates the redemption history of notes from this precise window.