Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 Dollar Citizens' Bank of Louisiana
| Issuer | Citizens' Bank of Louisiana |
|---|---|
| Year | 1833-1857 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | American Bank Note Co. New York 1 THE CITIZENS' BANK 1 OF LOUISIANA New Orleans ______________18___ Will Pay on demand ONE ONE Dollar to bearer ONE DOLLAR _____________________CASHIER___________________PRESIDENT |
| Reverse description | The reverse, visible here as a show-through of the obverse design, appears to be unprinted, consistent with the blank reverse typical of mid-nineteenth-century American obsolete banknotes issued by the Citizens' Bank of Louisiana. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Citizens' Bank of Louisiana was unusual among antebellum Southern banks in that it was chartered specifically to finance sugar and cotton plantations, with planters pledging their land — and enslaved people — as collateral for mortgage bonds sold on the Paris and London capital markets. The bank's notes circulated in this peculiar credit structure for over two decades before the suspension of specie payments in the 1850s eroded confidence in Louisiana paper generally.
The American Bank Note Company printed this series in New York, a routine arrangement for well-capitalized Southern institutions that wanted engraving quality beyond what local shops could supply.