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- This is from the group of notes to be issued in 1862 by the Confederate States during the Civil War.
- Housed in an archival quality currency sleeve by PMG.
- A well-preserved example in Almost Uncirculated-55 EPQ condition.
- Cataloged as T-41.
- Face: Central vignette of "Slaves Hoeing Cotton" as well as a portrait of John C. Calhoun on the left and an allegorical representation of Columbia on the right.
- Back: Ornately engraved with the denomination on either side of the obligation in green.
- "Interest Paid" stamp is on the back on some of these notes. Some may have "CS" watermark on the back of the note.
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These notes have seen only light handling, and not many CSA paper money issues survived like this due to the quality of paper being used. These AU notes are premium examples of CSA paper money used during the Civil War.
The necessity of financing military operations during the Civil War forced the Confederate government to print paper money, just as the U.S. government did for the first time.
These Confederate issues were once scorned by collectors, but are now in demand and rising in value. They have become a favorite with collectors due to the different issues and variety of designs.
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