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10 Dollars Bank of Louisiana

Issuer Bank of Louisiana
Year 1862
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Value 10 Dollars
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Obverse description At left, a vignette of a steamboat above the numeral 10; at center, two allegorical female figures crown a statue set before the New Orleans Mint Building; at right, a standing allegorical female figure raises an ear of corn in her right hand, with Roman numeral X at her left side above the numeral 10. Issuing authority and denomination inscriptions are carried across the note.
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Reverse lettering BANK OF LOUISIANA
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Comments

The Bank of Louisiana was one of the few antebellum Southern banks that maintained a genuine reputation for sound specie backing — a reputation that made its notes trusted well beyond state lines before the war. By 1862, that standing was under severe strain. New Orleans fell to Union forces in April of that year, and notes issued in the months immediately preceding or following the occupation exist in a murky legal and chronological zone. Some Bank of Louisiana paper from this period circulated under Confederate authority, some briefly under Union military occupation, and distinguishing which notes saw which regime often comes down to serial ranges and manuscript dates.

Printing in occupied or soon-to-be-occupied New Orleans in 1862 was itself a logistical problem — the usual Northern bank note engravers were by then entirely inaccessible to Louisiana institutions.

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