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20 Dollars
| Issuer | Confederate States of America |
|---|---|
| Year | 1862 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fundable in Stocks or Bonds of the Confederate States. Six months after the Ratification of a Treaty of Peace between The Confederate States & the United States of America, The CONFEDERATE STATES OF AMERICA Will pay TWENTY DOLLARS to the bearer on demand. Richmond. December 2nd 1863. |
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| Reverse lettering | 20 XX 20 |
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| Comments |
The Confederate government never established a single central printer — note production was fragmented across multiple private firms operating under contract, many struggling with ink shortages, paper supply disruptions, and engraving limitations imposed by the Union blockade. By 1862, the cumulative volume of Confederate emissions was already stoking serious inflation; this particular series contributed to a money supply that would increase roughly tenfold before the war ended.
Lithographed rather than engraved, which placed it a technical grade below contemporaneous Union issues. The paper quality varied considerably across print runs, and known examples show significant variation in ink density.