||New Orleans, LA - Bank of Louisiana $5 Forced Issue July 2, 1862 LA-75 G8e. PCGS Very Fine 25. This Civil War-dated series was issued from notes printed from the Fairman, Draper, Underwood & Co. plates and reflect that earlier style. Allegorical figures are intertwined in a "5" at top center flanked by widely spaced dies. FIVE at is each end, with one at the right side slanting backwards. The "FORCED ISSUE" blue stamping at the left is exceptionally clear. The orange back has the denomination in French at the center. In high grade for this lower denomination. Ex: Eric P. Newman Numismatic Education Society, Heritage Auctions Internet Sale (5/2017).
(Description courtesy of Heritage Auctions, ha.com.) Realized $258.50.