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!
10 Dollars New Orleans Canal and Banking Co.
| Issuer | New Orleans Canal & Banking Company |
|---|---|
| Year | 1850-1859 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 175 x 75 mm |
| 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 | Orange-tinted note with a central allegorical vignette of a seated female figure set within an oval frame, flanked by two smaller oval medallions each bearing a Roman numeral X. Four corner vignettes carry X and TEN counters. The issuer legend NEW ORLEANS CANAL & BANKING COMPANY arcs above the central vignette, with the promise text and BANK OF AMERICA NEW YORK below. Printer imprint of Underwood, Bald & Spencer appears at lower left. |
|---|---|
| Obverse lettering | NEW ORLEANS CANAL & BANKING COMPANY TEN DOLLARS Promises to pay TEN DOLLARS on Demand to or bearer at the Bank in New Orleans or at the BANK OF AMERICA NEW YORK Underwood Bald & Spencer. X TEN X 10 |
| Reverse description | Log in to see details |
| 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 Canal and Banking Company was chartered by Louisiana in 1831 with an unusual dual mandate — to operate both a bank and the New Orleans Canal connecting the city to Lake Pontchartrain. By the 1850s the canal side of the business was largely a failure commercially, but the bank remained solvent and active, which is why notes from this decade are more commonly encountered than those from the charter's earlier years.
Underwood, Bald & Spencer operated out of Philadelphia and New York during this period, one of the major security printing firms before the American Bank Note Company consolidation of 1858 absorbed it along with several competitors. Notes from this issuer printed in the final years of that window may carry transitional characteristics in the plate work.