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75 Cents City of Lynchburg, Virginia
| Issuer | City of Lynchburg, Virginia |
|---|---|
| Year | 1862 |
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| Currency | Dollar |
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|---|---|
| Obverse lettering | (Left edge lettering on a vertical plane -) Issued by authority of an act of (missing letters) Assembly of the State of Virginia (Remainder of Text Left to Right and top to bottom) Received in payment of City Taxes and all other city dues LYNCHBURG May 1, 1862 Serial Number..... THE CITY OF LYNCHBURG Will pay to Bearer, in Current Funds SEVENTY - FIVE CENTS When Demanded in the sum of One or more Dollars (Signature line)_______________ for Pres`t |
| Reverse description | The reverse is unprinted, with the plain paper exhibiting aged discolouration, surface cracking consistent with heavy circulation wear, and a partially legible handwritten inscription or endorsement towards the lower centre. |
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| Comments |
Municipal fractional currency from the Confederate home front. Lynchburg issued its own small-denomination scrip in 1862 as coin hoarding stripped hard money from everyday transactions almost immediately after secession — a problem that afflicted Southern cities well before the Confederate government moved to address it systematically. The city was acting on its own authority, filling a gap the Richmond government had not yet closed.
Locally printed, which shows. The production quality of Lynchburg municipal issues is noticeably rougher than contemporaneous Confederate Treasury notes printed by Richmond lithographers.