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20 Dollars Traders Bank of Virginia
| Issuer | Traders Bank of Virginia |
|---|---|
| Year | 1860-1865 |
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| Composition | Log in to see details |
| Size | 186 × 78 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | STATE OF VIRGINIA THE TRADERS BANK OF THE CITY OF RICHMOND TWENTY Will pay TWENTY Dollars to bearer on demand Twenty Twenty STOCKHOLDERS RESPONSIBLE RICHMOND 18__ Cash.r Pres.t American Bank Note Company. |
| Reverse description | Reverse is blank, without any printed design or text. |
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| Comments |
The Traders Bank of Virginia was chartered in Richmond and operated through the Civil War period, which means notes issued toward the end of this date range circulated in increasingly desperate conditions — Confederate inflation was eroding confidence in all Virginia bank paper by 1863, and many state-chartered banks struggled to maintain specie backing as the war dragged on.
The American Bank Note Company's New York origin is worth pausing on. By the time secession was underway, Southern banks holding pre-war stocks of ABNC-printed notes were simply using what they had — no new engraving was being done in New York for Confederate-state institutions after 1861.