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100 Dollars

Issuer Confederate States of America
Year 1862-1863
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Value 100 Dollars
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Reverse description The reverse is largely plain paper with a near-unprinted face, bearing two rectangular hand-stamped interest endorsements: at left, 'INTEREST PAID TO 1ST JANUARY 1863. AT AUGUSTA.' and at right, 'INTEREST PAID TO 1ST JANUARY 1863. AT SAVANNAH.' A manuscript note number is also present in the center field.
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Protection type Watermark
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Comments

P#44 is one of several $100 issues the Confederate Treasury turned to as the war ground through its second and third years and the Richmond-based printers struggled to keep pace with demand. The note was engraved by J. T. Paterson, a Southern engraver working within severe material constraints — good steel, quality ink, and skilled pressmen were all in short supply by this period, and the output quality varied noticeably across print runs.

The watermark was one of the few anti-counterfeiting measures the Confederacy could consistently apply, though Northern counterfeiters — some operating with tacit Union government encouragement — still flooded Confederate-held territory with convincing fakes designed specifically to accelerate hyperinflation. By early 1863, genuine notes and forgeries circulated side by side, often indistinguishably.

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