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50 Cents
| Issuer | Confederate States of America |
|---|---|
| Year | 1863-1864 |
| Type | Log in to see details |
| Value | 50 Cents (0.50) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Fifty 50 Cents Richmond April 6th 1863 The Confederate States of America Will pay FIFTY CENTS to bearer 1st Series No. Six Months after the Ratification of a Treaty of Peace between the Confederate States and United States Issued by authority of Congress approved March 23 1863 |
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| Signature(s) | Geo. Tyler and El. Elmore |
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| Comments |
The Confederate Treasury's fractional notes were a direct response to the disappearance of small coinage from circulation — hoarded by a public that had already lost faith in paper. By 1863, even copper cents had vanished from everyday commerce across the South, forcing the Richmond government to paper over the gap with denominations no self-respecting central bank would otherwise issue.
Tyler and Elmore signed as Register and Treasurer respectively, their names lithographed rather than hand-signed — the sheer volume of notes required made individual signing impossible. Genuine hand-signed examples of this series exist but are uncommon.