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5 Dollars State of Louisiana

Issuer State of Louisiana
Year 1862
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Value 5 Dollars
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Obverse lettering THE STATE OF LOUISIANA WILL PAY TO THE BEARER FIVE DOLLARS at the Treasurer's Office October 10th 1862 BATON ROUGE _____________ _____________ FOR AUDITOR FOR TREASURER
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Reverse lettering 5 THE STATE OF LOUISIANA 5
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Comments

Louisiana was one of the few Confederate states to maintain its own parallel paper currency during the war, distinct from both Confederate Treasury notes and local bank emissions. This state-issued dollar, authorized under the wartime fiscal measures of 1862, was printed locally — a reflection of the near-total breakdown in access to Northern printing houses after secession cut off relationships with firms like American Bank Note Company in New York.

Local printing meant variable quality. Counterfeiting of Louisiana state issues was reported as early as mid-1862, and the notes depreciated rapidly as Union forces tightened control of the Mississippi.

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