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20 Dollars State of North Carolina
| Issuer | State of North Carolina |
|---|---|
| Year | 1862 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | J.T. Paterson & Co. |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Twenty Fundable in Six per cent Coupon bonds of the State after 1st Jany 1866. Receivable in payment of all public dues. ISSUED UNDER ACT RATIFIED 20ᵀᴴ DECEMBER 1862. THE STATE OF NORTH CAROLINA Raleigh 1st Jany 1863. WILL PAY TO BEARER TWENTY DOLLARS Redeemable at the Treasury on or before the FIRST DAY OF JANUARY 1866. No. Comp. Treas. `20` Engd & lithd by J.T.Paterson & Co Augusta GA |
| Reverse description | Reverse is blank, with faint show-through of the obverse vignettes and manuscript signatures visible from the printed face. |
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| Comments |
North Carolina turned to J.T. Paterson & Co. in Augusta because by 1862 the Confederate printing infrastructure was already badly strained — Richmond-based firms were overwhelmed with Confederate Treasury notes, and individual states increasingly had to source their own currency production wherever capacity could be found. Paterson was one of the few Southern firms with the equipment and experience to handle state-level contracts at volume.
North Carolina issued substantial quantities of its own currency throughout the war, partly to supplement Confederate notes and partly because the state government was chronically short of specie. Criswell CS#119 falls within a wartime series printed under genuine logistical pressure, not peacetime convenience.