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100 Dollars

Issuer Confederate States of America
Year 1861
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Value 100 Dollars
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Obverse description Central vignette of a steam locomotive in full profile; to the left, a standing female figure with her right arm raised, and to the right, a female figure in a military helmet holding a spear. The design is framed by typeset inscriptions stating the denomination and issuing authority, with additional text noting the note is receivable in payment of all dues except export duties.
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Reverse description Reverse is blank, without printed design or lettering.
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Comments

The Confederate States issued multiple distinct $100 types in 1861, and P#6 is among the earliest — authorized under the Act of March 9, 1861, before the Confederacy had established anything resembling a functioning central treasury apparatus. Printing was contracted to private firms in the South, notably the National Bank Note Company of New York having already been ruled out on obvious grounds; work fell largely to Southern lithographers working with inferior equipment and paper stocks compared to their Northern counterparts.

Hoarding began almost immediately, as the public understood that these early issues carried no specie guarantee worth trusting. Counterfeiting was a serious problem throughout the 1861 series, partly because the printing quality left little margin between a genuine note and a competent forgery.

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