State of Mississippi 100 Dollar Treasury Note Value Guide

This 1862 State of Mississippi $100 Treasury Note is a significant piece of Civil War history, issued during a period of extreme economic strain when Southern states relied on their own credit and cotton pledges. These large-denomination notes are highly collectible due to their intricate allegorical imagery and their role in financing the Confederate war effort.

What Is State of Mississippi 100 Dollar Treasury Note Worth?

The typical price range for State of Mississippi 100 Dollar Treasury Note is $75 - $125 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of crisp edges and a lack of heavy fold lines significantly increases the $75 to $125 price range.
• Ink quality and the clarity of the hand-signed signatures affect the overall desirability for numismatists.
• The absence of 'pinholes' or 'cancel cuts,' which were often used to devalue notes after the war, preserves the market value.
• Overall paper brightness and the lack of foxing or water staining are critical for reaching the top-tier valuation.

How to Identify State of Mississippi 100 Dollar Treasury Note?

• Verify the 1862 issuance date printed on the face of the note.
• Look for hand-signed signatures of the Auditor and Treasurer, which were standard for these state-issued notes.
• Check for the specific allegorical figures and industrial scenes characteristic of Mississippi's mid-war currency designs.
• Examine the paper quality for the thin, parchment-like consistency typical of Confederate-era printing materials.

History of State of Mississippi 100 Dollar Treasury Note

During the American Civil War, states like Mississippi issued their own currency due to the scarcity of federal money and the economic strain of the conflict. These treasury notes were often backed by pledges of state credit, cotton, or other commodities, and were crucial for financing the war effort and maintaining commerce within the Confederate states. The notes, like this $100 bill, depicted various allegorical figures, scenes of industry, or prominent political figures of the era.