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100 Dollars

Issuer Confederate States of America
Year 1863
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Value 100 Dollars
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Obverse lettering CONFEDERATE STATES OF AMERICA / ONE HUNDRED DOLLARS / RICHMOND
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Reverse lettering CIRCULATING TREASURY NOTE / Fundable in Stocks or Bonds of the Confederate States / Receivable for all Dues Except Export Duties
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Comments

Keatinge & Ball relocated from Richmond to Columbia, South Carolina in 1862 after repeated Union threats to the Confederate capital made continued printing operations there untenable. The Columbia facility became the primary source of late-war Confederate currency, and this 1863 hundred-dollar note is among the most common products of that arrangement — issued in enormous quantities as the Confederate Treasury attempted to finance a war it was increasingly losing through deficit printing alone.

By 1863, inflation had already gutted the purchasing power of Confederate paper. A note of this denomination bought progressively less with each passing month, and the volume of printing only accelerated the collapse.

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