Paper Shortages North Carolina State Issue One Hundred-Dollar Note
Written date “Jan. 30th, 1862.”
The quality of printing and sheer quantity of southern currencies were remarkable, considering that Confederate and North Carolina printers were plagued by shortages and had to obtain many of their materials and presses from foreign sources. Lack of paper forced officials to print some currency on old or used paper. Shown here is the obverse (front) of a North Carolina $100 note and its reverse, which reveals that the money was printed on the back of a canceled or misprinted bond.