Canal Bank $10 Banknote – New Orleans, Louisiana | 1850 | DIM 65 Gem Uncirculated
LE 12,500.00
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Canal Bank $10 Banknote – New Orleans, Louisiana | 1850 | DIM 65 Gem Uncirculated
LE 12,500.00
Canal Bank $10 Banknote – New Orleans, Louisiana | 1850 | DIM 65 Gem Uncirculated
An exceptional example of mid-19th century American “obsolete currency,” this $10 banknote issued by the Canal Bank of New Orleans, Louisiana, dates to 1850, during the vibrant period of state-chartered banking that preceded the standardization of United States federal currency.
The note features classic engraved vignettes typical of pre-Civil War American banknotes, including an architectural depiction of a grand banking building at the center, the American eagle emblem, and allegorical figures symbolizing prosperity, strength, and commerce. These intricate engravings reflect the sophisticated printing techniques used in the United States during the golden age of banknote engraving.
The Canal Bank of New Orleans was one of the prominent financial institutions in Louisiana during the antebellum period. Banknotes issued by regional banks like this circulated widely throughout the American South and today represent important artifacts of early American banking history.
This example has been authenticated and graded by DIM Currency with an impressive grade of 65 – Gem Uncirculated, indicating an extremely well-preserved banknote with strong paper quality, sharp details, and outstanding visual appeal. Minor stains are noted on the grading label, but the note retains exceptional overall presentation for a piece more than 170 years old.
Encased in a protective graded holder, the banknote is securely preserved and authenticated, making it a highly desirable collectible for enthusiasts of pre-Civil War American currency, obsolete banknotes, and historical financial documents.
Specifications
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Country: United States
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State: Louisiana
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City: New Orleans
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Issuer: Canal Bank
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Denomination: $10
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Year: 1850
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Pick Number: 105G24a
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Serial: No Serial
Grading
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DIM 65 – Gem Uncirculated
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Note: Stains noted by grading service
Curated by Vayorin – House of Collectors