Description: A simply extraordinary and super beautiful bank note from The New Orleans Canal & Banking Company. The note is so vivid and crisp it boggles the mind that the note can exist in such quality. Real value at the price. A great early American Bank Note in incredible condition.The New Orleans Canal and Banking Company was a historical bank that operated in New Orleans, Louisiana, in the 19th century. The bank issued banknotes as a form of currency during its operation. Banknotes issued by the New Orleans Canal and Banking Company are now considered historical artifacts and are often sought after by collectors.Key points about the New Orleans Canal and Banking Company and its banknotes:Establishment: The New Orleans Canal and Banking Company was chartered in 1831, and it played a significant role in the economic development of New Orleans and the surrounding region. Banknotes: Like other banks of the era, the New Orleans Canal and Banking Company issued paper currency in the form of banknotes. These banknotes served as a medium of exchange and were used in commercial transactions. Design: Banknotes from the New Orleans Canal and Banking Company typically featured intricate designs, often including engravings, illustrations, and ornate patterns. The design elements were intended to deter counterfeiting and instill confidence in the currency. Denominations: Banknotes were issued in various denominations, including $1, $5, $10, $20, and higher values. The specific denominations and designs would have varied over time. Redemption: The banknotes issued by the New Orleans Canal and Banking Company were promises to pay the bearer a certain sum of money on demand. The bank's ability to honor these promises was based on its reserves and financial stability. Economic Environment: The 19th century was marked by a proliferation of banks and banknotes in the United States, often issued by state-chartered banks. The economic environment during this period was dynamic, with frequent changes in banking regulations and practices. Collectibility: Today, banknotes from the New Orleans Canal and Banking Company are considered collectible items among numismatists and paper money collectors. The historical significance, scarcity, and aesthetic appeal contribute to their desirability.
Price: 595 USD
Location: Palm Beach Gardens, Florida
End Time: 2024-02-25T18:02:59.000Z
Shipping Cost: 0 USD
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Denomination: $50
Circulated/Uncirculated: Uncirculated
Type: Banknotes
Grade: 67
Grade Designation: 67 PPQ
Country/Region of Manufacture: United States
Certification: PCGS Currency
