2 Dollars

By 1864, Confederate currency had lost most of its purchasing power — inflation was catastrophic, and the public knew it. The Richmond government authorized this issue not because the economy was functioning but because printing was one of the few tools still available. Keatinge & Ball had relocated their operations to Columbia after Richmond's printing capacity became strained, and the firm produced the bulk of late-war Confederate paper from there.

Columbia was burned in February 1865 during Sherman's March. Unissued stock was destroyed in the fire, which affects surviving quantities for certain dates in this series.