Home More 1840 $20 Obsolete Bank Note - Canal Bank Of Louisiana PMG Superb Gem Unc 68 EPQ

1840 $20 Obsolete Bank Note - Canal Bank of Louisiana PMG Superb Gem Unc 68 EPQ

1840 $20 Obsolete Bank Note - Canal Bank of Louisiana PMG Superb Gem Unc 68 EPQ
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SKU39027
Price: $369.00
Wire / eCheck:  $358.11
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Why should you purchase this $20 Canal Bank Note?

This stunning note was produced during the 1840’s by the Canal Bank of New Orleans. It was never released into circulation however, and has been preserved in this condition for over 150 years! The obverse and reverse of the note feature beautiful vignettes showing off some of the incredible artwork commonly seen on notes during this time. Many bank note designers would compete against one another’s work, trying to create better, and more astounding designs on each note. Because of this, designs such as the one featured on this $20 Canal Bank note were created - this one by a design company known as Toppan, Carpenter & Co.

This note has been certified by Paper Money Guaranty (PMG), a subsection of NGC. They gave this note the designation “Remainder,” meaning that it was a note that was never issued. It also received the designation “Exceptional Paper Quality (EPQ), and was graded Superb Gem Uncirculated 68! This is a very high grade, especially for a note produced so long ago. Don’t miss your opportunity to purchase this note at such a great price - buy yours today!


Year of Issue:1840
Mint:Canal Bank of Louisiana
Grading Service:PMG
Grade:Superb Gem Unc 68
Designation:EPQ
Composition:Paper
Country:United States
Legal Tender:United States
Currency:Dollar
Denomination:20