The product is a 1862 $5 Virginia Treasury Note from the Civil War era, graded as AU 55 by PCGS Banknote Grading. This collectible item is a piece of obsolete currency from the United States, specifically from the state of Virginia. It is a valuable addition for numismatists and collectors interested in historical paper money from that time period, showcasing the intricacies and design of banknotes during the Civil War.