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5 Dollars State of Mississippi
| Issuer | State of Mississippi |
|---|---|
| Year | 1862 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | FIVE, Fundable in Bonds bearing Eight Per cent, payable in ten years, when not less than Five Hundred Dollars is presented. Receivable in payment off all dues to the State. THE STATE OF MISSISSIPPI promises to pay to Bearer FIVE DOLLARS at the Treasury office. Issued ___________ day of ______________ 186 |
| Reverse description | Reverse is blank, with show-through of the obverse letterpress text and vignette visible through the thin paper stock. |
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| Comments |
Mississippi's state-issued wartime currency occupied an awkward legal position from the start — the Confederate government never formally sanctioned state note emissions, yet Mississippi and several other Southern states pressed ahead anyway, funding government operations as the Confederate Treasury's own supply of currency lagged badly behind military expenditure.
The Jackson printings of 1862 were produced under increasingly difficult conditions as Union forces tightened pressure on the state's infrastructure. Blanton Duncan, who handled much Confederate printing work, was not involved here — Mississippi relied on local resources, and the production quality reflects it.
Redemption was nominally guaranteed by the state, a promise that dissolved entirely with the Confederacy in 1865.