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Replica - 500 Dollars Confederate States

Issuer Confederate States of America
Year 1864
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Value 500 Dollars
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Obverse description At right, an intaglio bust portrait of Lieutenant General Thomas J. "Stonewall" Jackson; at left, a vignette of the Confederate battle flag, the Great Seal of the Confederacy, and trophies of war. The note is printed with letterpress text and decorative scrollwork borders.
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Reverse description Reverse is blank, with no printed design, lettering, or ornamental elements; the plain paper surface is unprinted.
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Comments

The Confederate $500 note of 1864 (Pick 73) was issued under conditions of catastrophic inflation — by that point in the war, the Confederate dollar had lost the vast majority of its purchasing power, and a $500 denomination was barely a functional unit of value. The February 1864 currency reform, which compulsorily funded older notes into bonds at steep discounts, was meant to reduce the money supply but largely failed to arrest the collapse.

This example is a replica. Modern reproductions of Confederate currency are common and range from crude novelties to reasonably faithful facsimiles — the Pick 73 type is among the most frequently copied.

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