Confederate Currency -- Sixth Issue April 6, 1863
First Second Third Fourth Fifth Seventh
In spite of the desire of the government to issue more bonds and reduce paper money circulation, people continued to demand more currency, which resulted in further inflation. The Act of March 23, 1863 authorized the $5 to $100 notes could be issued in amounts not exceeding $50,000,000 monthly, plus a total of $15,000,000 altogether for the 50 cent, $1 and $2 notes.
Archer & Daly of Richmond was formed for making Confederate postage stamps, and were the prime producers of the 1863 isses. The 50 cent note of this issue and the next were the only paper money made by the firm, and the only Confederate fractional currency.
50 cents -- T63 -- Profile of Jefferson Davis. Similar to the bust on the CS 9, CS10, CS11, and CS12 stamps produced by the firm. 1,831,517 issued.
All of the other denominations were engraved by Keatinge & Ball. Other firms helping with the printing: B. Duncan $10; J.P. Paterson & Co., $5, $10 and $20; Evans & Cogswell, $1, $2, $5, $10 and $20.
$1 -- T62 -- Bust of Clement C. Clay, Confederate Senator. 1,645,800 notes issued.
$2 -- T61 -- Large "2" in center, bust of Judah P. Banjamin at right. 689,600 notes issued.
$5 -- T60 -- Capital of the Confederate States (Virgina State Capitol) in center. Bust of Treasury Secretary Christopher Memminger at right. 7,745,600 notes issued.
$10 -- T59 -- South Carolina State Capitol, Columbia. Bust of War Secretary Robert T. Hunter at right. 7,420,800 notes issued.
$20 -- T58 -- Tennesse State Capitol, Nashville. Bust of Vice President Alexander Stephens at right. 4,428,000 notes issued.
$50 -- T57 -- Bust of Jefferson Davis. 2,324,000 notes issued.
$100 -- T56 -- "Women of the South" represented by Lucy H. Pickens. Two soldiers at lower left, bust of cabinet member George Randolph at right. 1,931,600 notes issued.
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