5 Dollars Bank of Louisiana

The Bank of Louisiana was one of the most solvent and conservatively managed banks in antebellum New Orleans, and by 1862 it was operating under genuinely impossible conditions. Federal forces occupied the city in late April of that year, and Confederate state banking ceased to function in any meaningful sense within weeks of the occupation. Notes issued in this window exist in a strange legal limbo — printed under Confederate Louisiana authority, then suddenly worthless as Union administration took hold.

Haxby G10 designations indicate genuine-issue, authorized notes rather than remainders or proofs. Whether this example actually circulated before the collapse is the real question.