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5 Dollars State of Mississippi

Issuer State of Mississippi
Year 1862
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Shape Rectangular
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Obverse description Green-tinted note dated July 1st, 1862, issued from Jackson, Mississippi, with a large central Roman numeral «V» serving as the primary denomination indicator against a vivid green underprint. A red overprint reads «Faith of the State Pledged», framing the note's guarantee of convertibility into bonds bearing eight percent interest payable in ten years. The text block carries the full promise of payment to Bearer at the Treasury office, with manuscript spaces left for the date of issue.
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Reverse description The reverse is unprinted, presenting a plain paper surface without any vignette, lettering, or decorative element, consistent with the minimal production standards of wartime Mississippi state currency issues.
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Mississippi's state-issued wartime currency occupied an awkward legal position from the outset — Confederate state notes competed directly with Confederate national issues, and the Richmond government repeatedly pressured states to withdraw their own paper to consolidate monetary authority in the central government. Mississippi resisted longer than most, continuing local emissions well into 1862.

Local printing in Jackson meant quality was inconsistent across the series. Paper stocks were already tightening by mid-1862 as the Union blockade disrupted supply chains, and some impressions show visible ink variation as a result.

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