CONFEDERATE CURRENCY (NORTH CAROLINA, CO-SIGNED BY: R. G. LINDSAY)
A One-Dollar bill issued by the State Treasury Currency signed: "R. G. Lindsay" as Public Treasurer, 5x2¾. Raleigh, North Carolina, 1861 October 18.
Printed State of North Carolina Treasury note no. 8546, $1.00 denomination, payable to the bearer at the Treasury on or before 1866 January 1. Vignette of Minerva, the Roman goddess of wisdom, at right edge. Resolution No. 34 of the North Carolina in its first post-secession session, May/June 1861, authorized the Public Treasurer to issue notes in denominations as low as 10, 25 and 50 cents, the first currency issued by the state since the 18th century.
Although North Carolina's legislature authorized only $16 million in treasury notes, a small sum compared to the very large issues by the Confederate national government, the value of the state's currency declined as the Union blockade tightened and Confederate military fortunes declined. Lightly creased and soiled. Overall, fine condition.
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