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1 Dollar State of Louisiana
| Issuer | State of Louisiana |
|---|---|
| Year | 1862 |
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| Shape | Rectangular (hand cut) |
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| Obverse description | Printed in black on off-white paper without underprint, this emergency state issue bears two circular devices each enclosing a bold numeral "1" with surrounding text, flanking a central field with bold letterpress text reading "THE STATE OF LOUISIANA" above the promise to pay one dollar at the Treasurer's Office, dated February 24th, 1862, and place of issue "BATON ROUGE." The upper margin carries the receivability clause in uppercase lettering, with an ornate mixed-font typographic layout framed by a thin engraved border with corner embellishments. A handwritten serial number in red ink appears on the face; no portrait, vignette, watermark, or security thread is present. |
|---|---|
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| Reverse description | The back is printed in light blue on a light grey ground and consists of a portion of a pre-existing banknote sheet from the Exchange Bank of Holly Springs, Mississippi, used as backing stock; the exact design segment visible varies from note to note depending on the position within the recycled sheet. |
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| Comments |
Louisiana's 1862 dollar notes were issued under Confederate-aligned state authority as the Union naval blockade and Farragut's April 1862 capture of New Orleans compressed the state's financial options to almost nothing. The timing matters: New Orleans fell before many of these notes could reach widespread circulation in the city, pushing what survived into the interior parishes.
Redemption after the war was never honored by federal authorities, and Louisiana's own postwar government had no obligation — or means — to redeem Confederate-era obligations. Most surviving examples were kept as curiosities rather than tendered for payment.