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| 正面描述 | Red underprint with large guilloche numeral '2' at centre left. Portrait of Judah P. Benjamin in oval vignette at right. Plate letter 'B' appears at lower left and right. Issuing authority inscription reads 'CONFEDERATE STATES OF AMERICA' in bold letterpress, with promise-to-pay text below. Dated Richmond, Feb. 17th, 1864. |
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| 背面描述 | Plain unprinted reverse on cream-coloured cotton paper stock, showing no design elements, vignettes, or inscriptions. Surface exhibits natural paper texture with light soiling consistent with circulation. |
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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.