Confederate
Alabama
Currency
A selection of common, scarce and rare Confederate Alabama bank notes (i.e., notes, paper money; Southern States currency from the Civil War era); other numismatic items may be included. If you don't see what you're looking for, please submit your want list. Thank you.
The first state issue consisted of only lower-value notes, including $1, 50¢, 25¢, 10¢, and 5¢ denominations. All were issued in Montgomery. The second state issue consisted of only larger-value notes, probably fueled by inflationary pressures, including $100, $50, $10, and $5 denominations. All were issued from Montgomery. Governor Thomas Hill Watts¹, whose portrait appears on the $50 and $10, served as governor from 1863 to 1865. Prior to his term as governor, Watts had formed the 17th Alabama Regiment and served as its colonel at the start of the war. He resigned to become the Confederate States attorney general on March 18, 1862. Elected as governor of Alabama, he resigned this post and took his new office in December 1863. He was arrested by Union forces in May 1865, and released a few weeks later. After the war he resumed his law practice, passing away in 1892. The third state issue is shrouded in some uncertainty. Only one denomination, the $50, is known. The primary difference between this note and the January 1, 1864, issue is in what each was redeemable for. The 1864 issue was redeemable in either Confederate Treasury Notes or 5% Alabama bonds at the option of the state, while the later issue was only redeemable in Confederate Treasury Notes issued on or after February 17, 1864 (essentially the final issue of those notes). The note bears no date of issue, but was obviously issued somewhat later in 1864 or possibly even as late as 1865. -- A Guide Book of Southern States Currency (2007), by Hugh Shull
¹ Photo of Gov. Watts provided by Watts, Gov. Thomas Hill: A Family History Page
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The first state issue consisted of only lower-value notes, including $1, 50¢, 25¢, 10¢, and 5¢ denominations. All were issued in Montgomery. The second state issue consisted of only larger-value notes, probably fueled by inflationary pressures, including $100, $50, $10, and $5 denominations. All were issued from Montgomery. Governor Thomas Hill Watts¹, whose portrait appears on the $50 and $10, served as governor from 1863 to 1865. Prior to his term as governor, Watts had formed the 17th Alabama Regiment and served as its colonel at the start of the war. He resigned to become the Confederate States attorney general on March 18, 1862. Elected as governor of Alabama, he resigned this post and took his new office in December 1863. He was arrested by Union forces in May 1865, and released a few weeks later. After the war he resumed his law practice, passing away in 1892. The third state issue is shrouded in some uncertainty. Only one denomination, the $50, is known. The primary difference between this note and the January 1, 1864, issue is in what each was redeemable for. The 1864 issue was redeemable in either Confederate Treasury Notes or 5% Alabama bonds at the option of the state, while the later issue was only redeemable in Confederate Treasury Notes issued on or after February 17, 1864 (essentially the final issue of those notes). The note bears no date of issue, but was obviously issued somewhat later in 1864 or possibly even as late as 1865. -- 
