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10 Dollars Virginia Treasury Note

Issuer Commonwealth of Virginia Treasury
Year 1862
Type Local banknote
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Obverse description The note is divided into distinct decorative zones: the numeral 10 appears in circular guilloche medallions at the upper-left and lower-right corners, while two large green Roman numeral X devices form the central underprint flanked by green letterpress TEN at the bottom center. A portrait vignette of Governor John B. Floyd occupies the lower-right position, rendered in intaglio engraving. The overall layout follows a standard Civil War-era Southern state obligation format with multiple text panels framing the central design.
Obverse lettering VIRGINIA TREASURY NOTE RICHMOND Oct. 15th 1862 THE COMMONWEALTH OF VIRGINIA Will pay to the bearer on demand TEN DOLLARS at the Treasury Keatinge & Ball, Columbia S.C.
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Comments

Keatinge & Ball relocated from Richmond to Columbia, South Carolina in late 1862 after Union threats to the Confederate capital made continued operations there untenable. This note was produced at the Columbia plant, which handled a substantial share of Virginia's wartime paper currency after that move — the Columbia address is period-correct, not an anomaly.

Virginia operated its own treasury note system alongside Confederate currency, partly because early Confederate issues were distrusted and insufficient in volume for local commerce. The Commonwealth's notes circulated alongside, and in competition with, Confederate fractionals and state bank paper throughout the war.

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