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20 Dollars State of Mississippi

Issuer State of Mississippi
Year 1862
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Currency Dollar
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Obverse lettering TWENTY, Fundable in Bonds bearing Eight Per cent, payable in ten years, when not less than Five Hundred Dollars is presented. Receivable in payment of all dues to the State. THE STATE OF MISSISSIPPI promises to pay to Bearer TWENTY DOLLARS at the Treasury office. Issued ___________ day of ______________ 186
Reverse description Reverse is unprinted, presenting a plain paper surface with no vignettes, text, or decorative elements; show-through from the obverse letterpress impression is visible.
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Comments

Mississippi issued its own state currency in 1862 as the Confederate banking system fragmented and individual states scrambled to fill the void left by unreliable Confederate Treasury notes. The State of Mississippi issues were authorized by the legislature in Jackson and printed locally — a logistical necessity given wartime disruptions to established engraving firms in the North, now enemy territory, and the limited capacity of Southern printers.

Local printing meant cruder execution than pre-war bank issues. These notes are frequently encountered with uneven ink strike and rough cuts, which reflects production conditions rather than post-issue damage.

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