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    Description

    New Orleans, LA - Bank of Commerce $1 May 5, 1862 Remainder G42a
    The status and purpose of these notes has always been unclear. They are dated May 5, 1862, literally days after New Orleans fell to Union naval forces in late April. The note bears the imprint of ABNCo Philadelphia but clearly could not have been prepared in time to be on hand in New Orleans by May 5. Haxby lists the bank as closing in 1862 as well, so perhaps these notes were prepared but never issued. Further study is required. This attractive example has two green 1 protectors and a great warship vignette. The last example we sold before this was a PMG VF 30 Net that realized $182.13 two years ago. PCGS grades the note About New 50.


    Auction Info

    Auction Dates
    October, 2015
    27th Tuesday
    Internet/Mail Bids: 15
    Lot Tracking Activity: N/A
    Page Views: 194

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