| Description |
New Orleans, LA - Bank of New Orleans $50 Feb. 5, 1862 LA-100 G26b. PCGS Fine 15. Issued notes from the bank are available, but nearly all have small hole cancels. The blue back type of this $50 design is encountered more readily than the orange back notes. Engraved plates are by Rawdon, Wright, Hatch & Edson. Prosperity and Liberty flank the New Jersey State seal (a cost savings measure for banks when ordering engraved notes). A mermaid and merman are at left over the Louisiana seal. Franklin is at the right. The back is deep blue with a crescent moon at center with the title, and nested within, a pelican and chicks vignette. Intricate dies are at the ends. As is typical, noted as "Hole-Punch Cancelled." A penned back endorsement is at left as sometimes observed on series. Ex: Eric P. Newman Numismatic Education Society.
From Newman X (Heritage Auctions, November 2018), lot 20440, realized $38.4. |
