1862 $100 State Mississippi

Fr # MSCR1Ab
Year 1862
Denomination $100.00
Series Obsolete
Serial # 3133
Grade PMG 30 Exceptional Paper Quality
Comments Exceptional Paper Quality - Fricke Silver Sticker
PMG # 8087934-024
PMC Category Regular
Estimated Value $625.00
Description

Printed by ABNCo for the state of Mississippi likely just months—or even weeks—before the start of the Civil War, these notes carried a substantial 10% interest rate. As a result, they were recalled early, with all interest payments suspended as of December 5, 1863. This particular example, issued in early 1862 and redeemable on June 1, 1863, features vignettes of a woman writing on a scroll with a child at her feet on the left, enslaved individuals working in cotton fields at center, and a portrait of state treasurer M. D. Haynes. It also includes a red C - 100 - C protector and shows evidence of previous mounting.

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