1840s $20 Canal & Banking Co. New Orleans, Louisiana Obsolete – PMG 64! Choice+

1840s $20 Canal & Banking Co. New Orleans, Louisiana Obsolete – PMG 64! Choice+

USD 179.95 USD
SKU: mJBhkDVs
Categories: Coins & Paper Money

Specifications

Denomination$20
TypeBanknotes
Certification Number2386641-034
CertificationPMG
Country Of OriginUnited States

Scarcer Early 1840s Issue. The issuance of these notes occurred amid New Orleans' golden age as the "Queen City of the South.". The city's population exploded from 46,000 in 1830 to over 100,000 by 1840, driven by immigration and the cotton boom—Louisiana produced half the nation's cotton by the 1830s.

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