2 Dollars

B. Duncan of Columbia, South Carolina, was one of several Southern printers pressed into Confederate currency production after Northern suppliers became inaccessible. Duncan's output for 1862 is generally distinguishable from Richmond-printed Confederate notes by subtler engraving quality — the plates were locally produced under considerable resource constraints, without access to the specialized steel-engraving infrastructure that pre-war American banknote firms had developed over decades.

The $2 denomination was always an oddity in Confederate finance. It saw limited public favor and was issued in relatively small quantities compared to the $5, $10, and $100 notes that dominated wartime circulation. Inflation rendered the entire 1862 series increasingly nominal within months of issue.