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50 Cents State of North Carolina, overprinted
| Issuer | State of North Carolina |
|---|---|
| Year | 1864 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar |
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| Obverse description | Central vignette of a sailing ship at sea, rendered in an oval frame with fine engraved linework. A bold red letterpress overprint reading '50 Cts' appears across the face, with the serial number positioned at right center directly above the redemption date 1870. Text is arranged in period typographical style with the issuing authority and payment obligations distributed across the upper register. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | Blank back with bleed through. |
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| Comments |
North Carolina's fractional notes of this type were printed in Augusta, Georgia — a practical necessity by 1864, as Union blockades and the collapse of Confederate infrastructure had severed reliable access to northern printing houses that Southern states had quietly continued using well into the war. J.T. Paterson & Co. handled significant Confederate and state-level currency work out of Augusta during this period, functioning essentially as a wartime substitute press for multiple issuers simultaneously.
The overprint distinguishes this from the base Paterson printing. By 1864, North Carolina was managing acute small-change shortages; fractional issues circulated hard and were frequently counterfeited, which the overprint was partly intended to address.