5 Dollars U.S.A. Bond of the State of Louisiana

Obverse

Rycina przedstawiająca dziecko. Ostatni numer dla serii Rok wybity w momencie wydania.

Lettering:
(cursive)Issued for Certificate No.______ Series 187___

5 United States of America 5
BOND OF THE
STATE OF LOUISIANA
(serial number in red)
FIVE DOLLARS
(cursive)Payable to Bearer January 1st 1886,
or sooner at the pleasure of the State at the
Office of the Treasury of the State, with Interest
as per Coupons annexed.
E M Bunker (signature) Treasurer. Louis A Weltz (signature) Governor.

(annexed coupons on the right)
(Serial number in red)
State of Louisiana
7 1/2 CENTS PAYABLE (date FEB 1ST or AUG 1ST year of issue through 1886)
(signature) E M Bunker

Reverse

(en) In Blue-Green. Intricate security design
(annexed coupons numbered up to 11 on left)

Lettering:
THIS BOND
IS ISSUED UNDER THE
PROVISIONS OF THE
CONSTITUTION OF THE STATE OF
5 LOUISIANA 5
ADOPTED IN 1879.
AND OF ACT 104.
APPROVED APRIL 10,1880

Comments

Certyfikat obligacji za 5 dolarów amerykańskich stanu Luizjana z 1886 r.

Pod koniec wojny secesyjnej rząd federalny nałożył wysoki podatek na stanowe banknoty. Stan Luizjana był w stanie sprytnie uniknąć płacenia podatku, emitując banknoty przebrane za obligacje z oprocentowanymi kuponami, takie jak te "Baby Bonds" o wartości 5 USD - nazwane tak ze względu na wizerunek dziecka wygrawerowany na awersie. Opinia publiczna wiedziała, że są one warte tyle samo, co waluta zatwierdzona przez władze federalne, więc były używane w całej Luizjanie jak zwykłe banknoty. Ta oryginalna 5-dolarowa obligacja dla niemowląt ma swój unikalny numer seryjny i faksymile podpisu skarbnika stanu Luizjana, Eda Bunkera.

-https://www.infinitycoins.com/Products/1886-us-5-baby-bond-certificate-louisiana.aspx

This is an automatic translation. The original text is:

1886 U.S. $5 Baby Bond Certificate of Louisiana

By the end of the Civil War, the federal government imposed a hefty tax on state bank notes. The state of Louisiana was able to cleverly avoid paying the tax by issuing bank notes disguised as bonds with interest-bearing coupons, like these $5 "Baby Bonds" - nicknamed because of the picture of the baby engraved on the face. The public knew they were worth the same as federally approved currency, so they were used throughout Louisiana like regular bank notes. This genuine $5 Baby Bond bears its own unique serial number and the facsimile signature of Louisiana's state treasurer, Ed Bunker.

-https://www.infinitycoins.com/Products/1886-us-5-baby-bond-certificate-louisiana.aspx

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Numista Rarity index: 72

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