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5 Dollars State of Mississippi

Issuer State of Mississippi
Year 1862
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In circulation to 1865
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Obverse description Green-tinted note issued at Jackson, Mississippi, dated November 1, 1862, with a large central Roman numeral «V» vignette forming the denomination underprint in green ink. The «FAITH OF THE STATE PLEDGED» obligation text appears in blue ink, flanked by ornamental typeset legends confirming fundability in eight per cent bonds payable in ten years. Handwritten date and issuing officer details occupy the lower portion, with additional inscriptions affirming receivability for all dues to the State.
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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.

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