Just two months into the confederacy, in 1861, the Confederate States of America issued its first bank notes. Like the Continentals that had been issued to fund the Revolutionary War, these Confederate notes were designed to raise money for the fight in the South. There were 72 types of bills and hundreds of sub-types issued over a period of three years. In all, some $2 billion in currency was put into circulation.

Denominations ranged from notes worth one-tenth of a dollar to bills worth $1,000. One $50 bill from Montgomery, Alabama depicts slaves hoeing cotton. Other cotton-themed Confederate notes show the Southern crop being loaded onto a steamboat. The portraits of southern leaders such as Stonewall Jackson predictably made it onto bills, but so did the face of George Washington.

At first the paper money appeared to work as a defacto currency, even though it was never formally declared a legal tender. But as the war effort soured, the currency became less valuable and viable. None other than Mrs. Jefferson Davis, the president of the confederacy’s wife, noted in her diary that turkeys were selling for $60 each, while a single bar of soap cost $50.

The problem, among many, was the vast variety of money that was produced. One respected cataloguer of confederate money, Grover Criswell, estimates that there were roughly 140 different varieties of the 1864 $10 bill alone.

Then there were the counterfeits, much of it printed by northerners, which further undermined the currency. During the Civil War, these counterfeits helped contribute to the devaluation of Confederate currency, but today, in some cases, these same counterfeit notes can be highly collectible.


Best of the Web (“Hall of Fame”)

American Currency Exhibit

American Currency Exhibit

This collection, from the Federal Reserve Bank of San Francisco, covers currency from 1690 through half a dozen era… [read review or visit site]

Bank Note Bank

Bank Note Bank

This world banknote and currency image-sharing database is notable for its breadth of contributors and content (abo… [read review or visit site]

Two Cent Revenue Stamped Paper

Two Cent Revenue Stamped Paper

Everything you'd ever want to know about revenue stamped paper (first authorized in 1862). This site features infor… [read review or visit site]



Clubs & Associations

Other Great Reference Sites

Most watched eBay auctions    

Double Confederate Csa Dies 1861-o 50c Wb-103/104 Pcgs Vf35 Original Surfaces!!!Confederate States $100 Dollar Note Dated September 25th 1862 *au*State Of South Carolina, Columbia, $50, December 1, 1873State Of South Carolina, Columbia, $20, December 1, 18731861 $5 Confederate States Of America Ct-31 Contemporary Counterfeit Pmg 15 NetBank Of The State Of South Carolina, 10 Dollars, 1861, "the Rescue", GreenState Of South Carolina, Columbia, $5, December 1, 1873Bank Of The State Of South Carolina, 50 Cents, 1861, WashingtonTexas Special Treasury Warrant, 1860, ConfederacyConfederate 1861-o 50c Csa Obverse Wb-102 Pcgs G4 Original Surfaces!!!$100 1862 Confederate States Csa T-41 Cga 65* Opq Slaves Hoeing CottonThe Corporation Of Ponchatoula, Louisiana, $1, 18621861 Confederate States Of America $50 Bond Cr#5 13 Coupons Attached Scarce!1863 Milledgeville, Ga. 100 Dollars Confederate Note1861 Confederate States Of America $100 Bond Cr#46 30 Coupons Attached State Of South Carolina, Columbia, $2, December 1, 1873State Of South Carolina, Columbia, $10, December 1, 1873Bank Of The State Of South Carolina, 50 Cents, 1862, Ft. MoultrieConfederate Currency 1861 $50.00, 1863 Louisina $20, 1863, Alabama $1$10 1861 T-24 Confederate States Of America Note, Au 53 Net Pmg.T-70 $2 1864 Confederate States Of America- Gem Uncirculated-1861 Confederate States Of America $100 Bond -richmond Capital Montgomery Cr#6Bank Of The State Of South Carolina 5 Dollars, 1861, Sweet Potato Dinner, Green**scarce** $2 1862 Confederate States Of America Note "richmond"1864 $1 Confederate Note T-71 Pmg Choice Cu 64 Epq ** No Reserve **$10 Dollar 1864 T-68 Confederate States Of America Civil War Note Pmg 45 Epq1861 Confederate States Of America $50 Bond Cr#20 20 Coupons Attached Scarce!State Of South Carolina, Columbia, $1, December 1, 1873$10 Dollar 1864 T-68 Confederate States Of America Civil War Note Pmg 251861 Confederate States Of America $500 Bond Cr#62 16 Coupons Attached Scarce!!1863 Confederate States Of America $100 Bond Cr#120 7 Coupons Attached 1861 Confederate States Of America $100 Bond Cr#39 21 Coupons Attached Scarce!$20 1864 T-67 Confederate States Of America Note, Au 55 Pmg.1863 $5 Confederate Note - Raleigh, North Carolina - Very Fine*****1864 $10 Confederate States Of America - Very Nice Note*****Bank Of The State Of South Carolina, 25 Cents, 1861, Fort SumterNorth Carolina 1863 5 Cent Civil War Serial #1!!County Of Adams, Natchez, Mississippi, $5, 1862, Printed Over Obsolete PaperT-41 $100 1862 Confederate States Of America-gem Uncirculated-T41 $100 1862 Pf-10 Cr. 315a** Uncirculated **more Currency 4 Sale**i) Crisp Unc 1861 Ct-20 Confederate $20.00 Ctf Whatman Watermarked Paper!1861 Confederate States Of America $50 Bond Cr#18 14 Coupons Attached Scarce!1862 Confederate State Of America Civil War Currency Bill:$100 Dollar Paper NoteSouth Carolina, Charlotte, Columbia And Augusta Rail Road, $2, 18731863 Confederate States Of America $500 Bond Cr#128 4 Coupons Attached 1861 Confederate States Of America $100 Bond Cr#32 13 Coupons Attached *****1864 $20 Confederate States Of America - Very Nice Note*****$1 Confederate Note From Sussex Bank, N.j. - Undated, Unsigned, Uncirculated1864 $100 Confederate States Of America Pmg 55 Net No ReserveEarly 1862 $1000 Confederate States Of America Bond Civil War With 34 Coupons1861 Confederate States Of America $500 Bond Cr#59 12 Coupons Attached Scarce!!Confederate States $100 Dollar Note Dated December 1st 1862 *fair*1863 Confederate States Of America $500 Bond Cr#121a 7 Coupons Attached North Carolina 1863 25 Cents Note $50 Bills On Reverse Civil War Issue Cr-1401863 Confederate States 50 Cents Note1862 Confederate $100 Bill Raleigh Nc Interest Stamp On Reverse Train1863 State Of Alabama 1 Dollar Confederate Note Au/uncT-69 $5 1864 Confederate States Of America- Choice Uncirculated-North Carolina $5 Bill Civil War Raleigh 18631869 $1 Confederate Note - Virginia Treasury Note - Good Condition