The paper money of the Confederate States of America (1861–1865) reflects the entire arc of a nation at war with limited resources: improvised printing, collapsing supply chains, and an economy struggling to function under blockade. With no domestic steel-plate engraving industry and little access to secure paper, the Confederacy relied on a mix of lithographed designs, imported vignettes, modified pre-war plates, and emergency print runs executed under severe wartime constraints.

Early issues drew from existing Northern engravings and allegorical plates, while later notes were produced in Richmond and Columbia by firms such as Keatinge & Ball. As war pressure intensified, paper quality declined, ink consistency varied, and pink underprint designs were introduced to deter counterfeiting. The resulting series is one of the most visually recognizable paper-money families in American history — not for uniformity, but for its raw, adaptive character.

Confederate designs blended allegory and propaganda: artillery scenes, cavalry charges, commerce upon riverbanks, and portraits of Southern figures like Lucy Pickens. These vignettes were more than decoration — they were political statements meant to project stability during economic freefall and spiraling inflation. By 1864, the currency’s value was deteriorating rapidly, yet its engraving remained ambitious and symbolically dense.

Specimens, proofs, and high-grade survivors from this period are scarce because most CSA notes circulated intensely and were redeemed or destroyed after the war. The items below highlight distinct printing phases — engraved vs lithographed notes, pink-underprint issues, and Richmond/Columbia variants — without repeating card-level detail. Use the filters above to explore the brief but extraordinarily rich paper-money history of the Confederacy.

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Confederate States of America 1864 10 Dollars T-68 PF-3 CR-541 First Series Roman Letters Richmond PCGS 62 Uncirculated with pink underprint.

Confederate States of America 1864 – 10 Dollars First Series in Roman Letters Richmond (T-68 PF-3 CR-541)

The ten-dollar note of the February 17, 1864 issue, cataloged as T-68 (Criswell 541), was among the final wartime emissions of the Confederate Treasury. Printed in Richmond, Virginia, by Keatinge & Ball of Columbia, South Carolina, it forms part of the most widely recognized Confederate paper-money design family-distinguished by pink underprint, detailed engraving, and complex typography produced under severe wartime constraints. Read more →

Confederate States of AmericaTreasury Note186410 DollarsPCGS 62 Uncirculated Confederate Treasury NoteTreasury NoteCivil War CurrencyPink UnderprintFirst Series Roman Letters10 DollarsKeatinge & BallRichmond VirginiaT-68PF-3CR-541Plate A55Serial 2580Confederate monetary systemWartime emergency currencyHistoryConfederate States of America1864PCGS 62UncirculatedMuseum Grade
Held
Confederate States of America 1864 100 Dollars T-65 CR-121 Pink Underprint Richmond PMG 63 EPQ Choice Uncirculated.

Confederate States of America 1864 – 100 Dollars Pink Underprint Richmond (T-65 CR-121)

The printed obligation promising payment 'Two years after the ratification of a treaty of peace' reflects the Confederacy’s uncertain fiscal horizon in 1864. Each note was individually numbered and hand-signed; this example bears serial number 447511 and plate letter D. Read more →

Confederate States of AmericaTreasury Note1864100 DollarsPMG 63 EPQ Choice Uncirculated Confederate Treasury NoteTreasury NoteCivil War CurrencyPink Underprint100 DollarsKeatinge & BallRichmond VirginiaT-65CR-121Plate DSerial 447511Confederate monetary systemWartime emergency currencyHistoryConfederate States of America1864PMG 63 EPQChoice UncirculatedMuseum Grade
Held
Confederate States of America 1864 CSA watermarked archival paper with embedded CSA watermark, PCGS 65 PPQ Gem Uncirculated

Confederate States of America 1864 - CSA No Denomination Archival Watermarked Paper

Blank watermarked paper stock prepared for Confederate Treasury note production during the Civil War period, certified by PCGS as CSA Watermarked Paper. Read more →

Confederate States of AmericaArchival Watermarked Paper1864No DenominationPCGS 65 PPQ Archival PaperArchival Watermarked PaperWatermarked PaperTreasury NoteCSA WatermarkNo DenominationConfederate Paper StockSecurity Paper ProductionCivil War PrintingAnti-Counterfeiting MeasuresConfederate Monetary SystemCivil War CurrencyUnissued MaterialConfederate States of America1864PCGS 65 PPQGem UncirculatedMuseum Grade
Held
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