Baton Rouge Louisiana 1862 $5 Lazy 5
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1862 State of Louisiana Five Dollars Note, a piece of obsolete currency issued during the American Civil War.
Issued by the State of Louisiana during the Civil War, this note served as local currency in the Confederate States.
The note features "THE STATE OF LOUISIANA WILL PAY TO BEARER FIVE DOLLARS" and the date "OCTOBER 10TH 1862". It also depicts a scene often described as the "South striking down the Union," showcasing a soldier attacking a fallen soldier on a bald eagle, and a symbolic figure representing prosperity or agriculture.
One year after this note's issuance, President Abraham Lincoln signed the National Bank Act in 1863, which aimed to establish a uniform national currency and a robust national banking system, effectively diminishing the role of such state-issued notes.
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