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    Louisiana-Arkansas Tie Note

    New Orleans, LA- F.A. Peterson, Payable in Champagnolle, AR 25¢ April 21, 1862 Rothert 116-1 PMG Very Fine 25.
    Since the note is datelined New Orleans, it is being listed as being from there although Arkansas collectors can also lay claim to it since it is payable at Peterson's office in Champagnolle, AR. The Arkansas town was a vibrant port community in the 1850s, heavily involved in the cotton trade, most of which went through New Orleans. With the coming of the Civil War, this business evaporated, a blow from which the town never recovered. Today it is a ghost town. The most likely scenario is that Peterson either lived in New Orleans or split time between the two cities. It was obviously convenient for notes to be payable some 300 miles away from Peterson's perspective. The note depicts two key elements of the cotton industry at the time, slave labor and water transportation, and is attractively printed in blue ink with a large red TWENTY-FIVE protector. Sure to be the object of attention by both Arkansas and Louisiana collectors.

    Auction Info

    Auction Dates
    May, 2019
    30th Thursday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 138

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