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75 Cents - The State of North Carolina
| Issuer | State of North Carolina |
|---|---|
| Year | 1863 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | THE STATE OF NORTH CAROLINA / RALEIGH, JAN. 1, 1863 / No. / Will pay __ to Bearer / AT THE TREASURY, ON OR BEFORE / JAN. 1, 1866. / SEVENTY FIVE CENTS / 75 / BY AUTHORITY OF LAW / RECEIVABLE IN PAYMENT OF ALL PUBLIC DUES / FOR PUB. TREAS. |
| Reverse description | Plain unprinted reverse on aged yellowish paper stock with no design elements, vignettes, or inscriptions, consistent with the production style of wartime fractional currency issues of this period. |
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| Comments |
North Carolina was one of the few Confederate states to maintain its own parallel paper currency throughout the war, issuing notes through the state treasurer's office rather than relying solely on Confederate notes. The 75-cent denomination is an awkward fraction that speaks directly to the coin shortage crisis of 1862–63, when specie vanished from circulation almost entirely and even small transactions required some paper substitute.
Printed locally in Raleigh by Bransons & Farrar, these fractional notes circulated hard and wore fast. Surviving examples in any decent condition are less common than the higher denominations from the same series.