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<p>[QUOTE=&quot;scottishmoney, post: 1583625, member: 12789&quot;][h=3]Louisiana ~ State of Louisiana $5 1866[/h]</p><p><img src="http://scottishmoney.net/banknotes/usa/obsoletes/obslouisiana51866dtl1.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><b>The reconstructionist government in Louisiana issued currency in 1866, redeemed and cancelled notes are scarce for this issue but uncancelled notes from this issue are very rare indeed. These vignettes were used on some pre-war obsoletes.</b></p><p><b><br /></b></p><p><b></b><img src="http://scottishmoney.net/banknotes/usa/obsoletes/louisiana51866tn.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><b>Curiously for the time and place this note has a vignette of U.S. President Andrew Johnson a southerner, but probably not overly popular in the post-bellum era Louisiana. Notes were also issued in Mississippi, Tennessee, South Carolina, and Florida. Often times, especially with the latter two states, redemption became a problem for note holders. South Carolina&#039;s 1872 issue was never redeemed by the state, whilst Florida&#039;s note issue was only redeemed much later on. Louisiana apparently made good on it&#039;s note issue. Later on in the 1870s a series of &quot;baby bonds&quot; were issued which were essentially circulated as a currency but with bond coupons for interest attached.</b></p><p><b><br /></b></p><p><b><br /></b></p><p><b></b>[/QUOTE]</p><p><br /></p>

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