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| Issuer | State of Mississippi |
|---|---|
| Year | 1862 |
| Type | Log in to see details |
| Value | 3 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Printed in black with a blue overprint, the note carries a large numeral "3" at centre with the legend "Cotton Pledged" above. The central cartouche contains a vignette of a locomotive train, flanked to the left by a cartouche with sailing vessels and to the right by a vignette of a sailor at oars. A dog's head facing left appears at the lower margin. |
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| Obverse lettering | Receivable in Payment of all Dues to the State and Counties, except the Military Tax. On demand, after Proclamation to Present, The State of Mississippi Will pay to Bearer the sum of Three Dollars out of proceeds of Cotton Pledged for Redemption of this Note, at the Treasurer`s office, in Jackson, Miss. Issued 1st day of Nov 1862 Auditor Treas. |
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| Comments |
Mississippi's state treasury notes from 1862 were issued under the authority of the seceded Confederate state government, bypassing the Confederate Treasury entirely — a reflection of early-war friction between Richmond and state capitals over who controlled fiscal policy. The $3 denomination was a deliberate attempt to fill the gap left by the disappearance of small federal coinage from circulation, which vanished almost immediately after secession as citizens hoarded metal.
The MS-7A variant designation typically indicates a signature or paper difference within the same print run. Confederate-era Mississippi treasury notes are prone to foxing and toning along fold lines, a known characteristic of the low-quality wartime paper stock used throughout the series.