Catalog
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| Issuer | Corporation of Danville |
|---|---|
| Year | 1861 |
| Type | Local banknote |
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| Obverse description | The obverse carries two allegorical vignettes flanking a central scene: at left, a standing figure of Lady Liberty holds a sword in her right hand and the scales of justice in her left, while at right a Native American woman is armed with a spear, bow, and arrows. Two oval denomination medallions inscribed '75 CENTS' are positioned at left-center and right-center respectively, framing a faded central vignette of a kneeling male figure in apparent distress. The remainder of the face is occupied by the issuing authority's promise-to-pay text. |
|---|---|
| Obverse lettering | Receivable in Town Taxes / THE CORPORATION OF DANVILLE / Promise to pay to the bearer / SEVENTY FIVE CENTS / in current funds when presented in sums of five dollars. / Danville July 2, 1861 / _____________ Treas / _____________ Pres |
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| Comments |
Danville was one of dozens of Virginia municipalities that resorted to issuing fractional notes in 1861 as specie vanished from circulation almost immediately after secession. The Corporation of Danville notes were locally produced — not an uncommon arrangement in the early Confederate period, when Southern printers scrambled to fill a void that Richmond's nascent financial apparatus couldn't yet address.
The 75-cent denomination is among the more awkward fractional values of the period, reflecting genuine desperation over small-change shortages rather than any rational monetary planning.