Home More 1850 $20 Obsolete Bank Note - Canal Bank Of Louisiana PMG Superb Gem Unc 68 EPQ

1850 $20 Obsolete Bank Note - Canal Bank of Louisiana PMG Superb Gem Unc 68 EPQ

1850 $20 Obsolete Bank Note - Canal Bank of Louisiana PMG Superb Gem Unc 68 EPQ
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Price: $369.00
Wire / eCheck:  $358.11
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Why should you purchase this $20 Canal Bank Note produced during the 1850’s?

This $20 note was produced by Rawdon, Wright, Hatch & Edison, a note design company, for the Canal Bank in New Orleans. Produced sometime during the 1850’s, this note features highly detailed vignettes on the obverse and reverse of the note. Beautiful vignettes on currency was common during this time. Designers would compete against each other’s work in order to appear the best, leading to masterful art appearing on common currency. This is clearly seen on this note, as well as through the artistic text used to state the bank of origin, denomination, and obligation to pay the bearer $20.

This note was never actually issued however, causing it to remain in excellent condition over the years. Now, 150 years later, it is still in crisp, uncirculated condition! We have had Paper Money Guaranty certify this note. They gave it the designation “Remainder,” which means the note was never issued, as well as the designation “Exceptional Paper Quality,” (EPQ) which means the paper is still very crisp and has not been compromised by folding or wear. It was then graded Superb Gem Uncirculated 68 - an extremely high grade, particularly for such an old note! You shouldn’t miss out on such a fine note, at such a great price! If you are interested, then don’t wait - purchase this note today!

Year of Issue:1850
Mint:Canal Bank of Louisiana
Grading Service:PMG
Grade:Superb Gem Unc 68
Country:United States
Legal Tender:United States