10 Dollars Virginia Treasury Note

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.