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1862–1863 Confederate $100 Train Note VF–XF

Item #
222584
Out of Stock
Discontinued Product
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Genuine Civil War-Era Confederate $100 Train Note

 

The banknotes issued by the Confederate States of America during the Civil War contain some of the most detailed and breathtaking engravings of Southern life ever printed. In addition, each note was actually hand-signed and dated! This famous Richmond, Virginia $100 note features a milk maid on the left and a large central engraving of a powerful locomotive with a steamship in the distance. The note promises to pay the bearer “interest at two cents per day”—but only “six months after...a treaty of peace between the Confederate States and the United States.” This unfulfilled promise makes this historic Confederate note a fascinating “must have.”

 

A Testament To The Economic Challenges Faced By The Confederacy

 

Lacking skilled engravers and secure printing facilities, the Confederacy often used unrelated designs in early banknote issues. Some themes included naval ships and historical figures, including George Washington. They were often referred to as “Gray-Backs” not because of the iconic color of Southern military uniforms, but because the blank backs of the notes acquired a dirty gray color while in circulation. By 1863, these notes were worth 33 cents to the dollar, and by 1865, they were worth less than 2 cents to the dollar. After the war ended, the bills became completely worthless and could not be converted into anything else—a lasting testament to the economic challenges faced by the Confederacy during the Civil War and the eventual collapse of its monetary system.

 

Graded In Very Fine to Extremely Fine Condition

 

High-denomination $100 Confederate Notes are in great demand among collectors and history buffs alike. Plus, each 1862–1863 Confederate $100 Train Note available here comes in moderately circulated Very Fine to Extremely Fine (VF–XF) condition. We have only a few in our vault so act fast and secure yours now!

Availability Out of Stock
Year of Issue 1863, 1862
Country United States
Composition Paper Collateral
Condition Circulated
Grade VF, XF
Currency Type Dollar
Dimensions 7.25 x 3.125 in