1862

Mar 9
Monitor vs Virginia at Hampton Roads

Mar 10
Earliest use of CS5


Mar 21
Earliest use of CS3


Mar 28
Battle of Glorieta, New Mexico


Apr 6-7
Battle of Shiloh, Tennessee

Earliest use of CS6

Apr 17
Congress authorizes Fourth Issue of CSA notes

Apr 21
First Session, First Confederate Congress adjourns

Apr 25
New Orleans falls to Union

May 10
Norfolk, Virginia occupied by Union

May 30
Corinth, Mississippi taken by Union

June 2
Fourth Issue of Notes issued





June 25
Battle of the Seven Days starts









July 1
Letter rate increased to 10 cents
Battle of the Seven Days ends









July 25
Earliest use of Patterson CS2









August 15
Earliest use CS7





August 18
Second Session, First CSA Congress, convenes









August 28
Battle of Second Bull Run, Virginia









September 17
Battle of Antietam, Maryland





September 22
Emancipation Proclamation issued



Confederate Currency -- Fourth Issue, 1862

First   Second   Third   Fifth   Sixth   Seventh

The issue authorized by the Act of April 17, 1862, authorized notes in denominations of $1 and $2, although by mistake some $2 notes carry the earlier date of September 2, 1861. Due to the lack of coins the smaller denominations were needed to make change. The Act also authorized $100 notes which paid an interest of 2 cents a day.

Engraved by B. Duncan


$1 -- T44 and T45 -- Steam-sailing ship. At left a figure said to be Liberty. Bust of Lucy H. Pickens, wife of the governor of South Carolina, at right. Issued June 2, 1862. T45 has "1" and "One" over-printed in Green. 2,102,200 notes of both varieties were probably issued.


$2 -- T42 and T43 (and T26) -- Representation of the Confederacy striking down the Union, bust of Judah P. Benjamin at upper left. Some 35,000 of these notes were printed with the wrong date of September 2, 1861, and are classified as Criswell T26. In T43 "2" and "Two" are over-printed in Green. 1,749,600 notes of both 1862 varieties were probably issued.

Engraved by Hoyer & Ludwig



$100 -- T39 -- Railroad train in center, milkmaid at lower left. Written dates of May 5 to May 9, 1862, 609,040 notes issued. Hoyer & Ludwig in Richmond sold out in 1862, so the bulk of this issue was printed by J.T. Paterson in Columbia, South Carolina. Those notes have various written dates of 1862.

Engraved by J.T. Paterson


$100 -- T40 -- Similar to T39, but with diffused steam coming from the locomotive. New engraving by J.T. Paterson. Various written dates of 1862 up until January 8, 1863. The total issue of both types was 559,200.

Engraved by Keatinge & Ball


$100 -- T41 -- Slaves hoeing cotton. John C. Calhoun at left. Various written dates of August, 1862 up until January 8, 1863.

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