1866 Cr.27 $20 The State of LOUISIANA Note
1866 Cr.27 $20 The State of Louisiana note from New Orleans, LA.
This note features a Vignette of a busy pier scene at the upper left. A portrait of Thomas Jefferson is at the bottom right. The reverse has an ornate green design with a shield at the center flanked by two large green panels with "20" counters inside.
These notes were issued under the provisions of the Act of Feb. 9, 1866. The notes were receivable in payment of all state dues and for the sale of public lands. At the bearer's discretion, they could also be converted into state bonds earning 6% interest. It's unknown why these notes were issued but Louisiana was probably faced with a shortage of money in the days immediately after the Civil War, much like other Southern states.
This note grades Extremely Fine with two hammer-cut cancellations, punch cancellations, and a couple small pinholes.
1866 Cr.27 $20 The State of Louisiana note from New Orleans, LA.
This note features a Vignette of a busy pier scene at the upper left. A portrait of Thomas Jefferson is at the bottom right. The reverse has an ornate green design with a shield at the center flanked by two large green panels with "20" counters inside.
These notes were issued under the provisions of the Act of Feb. 9, 1866. The notes were receivable in payment of all state dues and for the sale of public lands. At the bearer's discretion, they could also be converted into state bonds earning 6% interest. It's unknown why these notes were issued but Louisiana was probably faced with a shortage of money in the days immediately after the Civil War, much like other Southern states.
This note grades Extremely Fine with two hammer-cut cancellations, punch cancellations, and a couple small pinholes.
1866 Cr.27 $20 The State of Louisiana note from New Orleans, LA.
This note features a Vignette of a busy pier scene at the upper left. A portrait of Thomas Jefferson is at the bottom right. The reverse has an ornate green design with a shield at the center flanked by two large green panels with "20" counters inside.
These notes were issued under the provisions of the Act of Feb. 9, 1866. The notes were receivable in payment of all state dues and for the sale of public lands. At the bearer's discretion, they could also be converted into state bonds earning 6% interest. It's unknown why these notes were issued but Louisiana was probably faced with a shortage of money in the days immediately after the Civil War, much like other Southern states.
This note grades Extremely Fine with two hammer-cut cancellations, punch cancellations, and a couple small pinholes.