Here is a piece from the
reconstruction era in Louisiana. This $5 bond was issued in an attempt to
stabilize the economy in the state of Louisiana after the state was almost
bankrupted by the uncontrolled spending of its carpetbag government directly
after the Civil War. These are often referred to as "Baby Bonds" because of the
image of the young girl in the lower right hand corner. This one is in very
fine condition and it has the stamped serial number as well, as the stamped
certificate number. On the right-hand side, it still retains 4 of the original
interest coupons. This is an interesting and very affordable piece from the
reconstruction timeframe of the state of Louisiana.