1862 Confederate States $100 Note T-39 PMG 63 Choice Uncirculated Civil War Rare

1862 Confederate States $100 Note T-39 PMG 63 Choice Uncirculated Civil War Rare

This historic 1862 Confederate States of America $100 note is a classic and highly desirable issue from the American Civil War, cataloged as T-39. Issued in Richmond during the height of the conflict, this denomination reflects both the financial ambitions and the economic strain faced by the Confederacy as it sought to fund its war effort through paper currency.

The obverse design is rich in symbolism and period engraving artistry. At left appears an allegorical female figure, a common motif on Confederate currency, representing prosperity and domestic strength. Dominating the center is a detailed steam locomotive scene, emphasizing industrial progress, transportation, and the strategic importance of railroads during the war. The bold “100” denomination counters and ornate typographic elements further reinforce the note’s impressive visual presence.

The text promises payment “Six months after the ratification of a treaty of peace between the Confederate States and the United States,” a poignant reminder of the uncertain future facing Confederate finances. Signed and dated Richmond, July 28, 1862, this note captures a specific and critical moment in American monetary and political history.

The reverse is blank, as issued, but bears a variety of period and later validation stamps, adding character and historical intrigue. These markings reflect post-war handling and authentication practices and are often appreciated by collectors for the story they add to the note’s journey through time.

This example is professionally authenticated and encapsulated by Paper Money Guaranty (PMG) and graded PMG 63 Choice Uncirculated, a notably high grade for an 1862 Confederate issue. The strong eye appeal, bold printing, and overall preservation make it an exceptional survivor from a fragile and inflation-prone monetary system.

Collector’s Value

Confederate notes remain a cornerstone of U.S. historical currency collecting, and higher-grade examples from 1862 are increasingly difficult to acquire. This T-39 $100 note combines Civil War significance, iconic railroad imagery, and PMG certification, making it a compelling acquisition for collectors of Confederate currency, American history, and 19th-century paper money.