Confederate States of America, $10 Note - 1864 - American Civil War

Includes archival-grade plastic banknote sleeve for protection. These $10 notes were printed by the Confederate States of America during the U.S. Civil War. Each was hand signed and issued in Richmond, Virginia, from a series dated February 17th, 1864. Imagery on the notes include a team of horses pulling cannons, as well as a portrait of Robert M.T. Hunter (the Confederate Secretary of State). At the beginning of the Civil War, the 11 states of the newly formed Confederacy needed currency to fund the war effort. Known as "greybacks," the new Confederate banknotes were not backed by any hard assets, but rather by a promise to pay the bearer back after the war. Specifically, many stated that payment would come “two years after the ratification of a treaty of peace between the Confederate States and the United States.”  Ironically, the initial batch of Confederate banknotes were printed in New York City and then smuggled back into the South. However, there were significant problems with