North Carolina 1861 5 cents banknote
Encyclopedia
The 5 cent bill from 1861 was among the smallest denomination
Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. See also Redenomination.-Subunit and super unit:...

 bills
Banknote
A banknote is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and in many jurisdictions is legal tender. In addition to coins, banknotes make up the cash or bearer forms of all modern fiat money...

 printed during the confederacy of North Carolina
North Carolina
North Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte...

. It was also one of the smallest physical bills, measuring approximately 3" by 1 5/8".. By 1863 barter was replacing currency and a tenpenny nail was used in place of this note.

Text of the Bill

By Authority of Law. (left margin)

Raleigh, Oct. 1st, 1861.

The

State of North Carolina

Will pay to Bearer, at the Treasury, on or

before Jan'y 1st, 1866,

FIVE CENTS.

J. Spelman, Public Printer.

(signed) For Pub. Treas.

Receivable in Payment of All Public Dues. (right margin)

Known Varieties

All of the 1861 North Carolina fractionals are known to exist with and without plate marks A and B (appearing above the word Carolina). Various paper and watermark
Watermark
A watermark is a recognizable image or pattern in paper that appears as various shades of lightness/darkness when viewed by transmitted light , caused by thickness or density variations in the paper...

 combinations exist, as are bills printed on the backs of bonds and other denominations of notes.

Serial Numbers and Signatures

Known serial number
Serial number
A serial number is a unique number assigned for identification which varies from its successor or predecessor by a fixed discrete integer value...

 / serial combinations include:
  • 1042 A - S. H. Young
  • 5289 - S. H. Young
  • 79301 - Henry Hardie
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