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INA Louisiana New Orleans Citizens Bank $5 Bilingual English/French PCGS 64

$30.10

12

  • Refund will be given as: Money Back
  • Denomination: $5
  • Certification: PCGS Banknote Grading
  • Return shipping will be paid by: Buyer
  • Grade: 64
  • Circulated/Uncirculated: Uncirculated
  • All returns accepted: Returns Accepted
  • Condition: PCGS Very Choice 64
  • Restocking Fee: No
  • Item must be returned within: 30 Days

Description

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This is a bilingual note. It has writings in both English and French, reflecting the rich history of Louisiana.
Many have no idea that in Louisiana their constitution permitted any legislator to address the body in either English or French, and the 1845 and 1852 constitutions required all laws to be written in both English and French.
Until the year 1921, a person had the choice to send their children to a strictly French speaking school.
The name “Dixie Land” derives from the $10 dollar note of the banks of Louisiana, where they had “DIX” written on many of them. Dix is French for ten. Therefore, when one was asked where they were going, they would reply, “I am going to the Land of Dixie”, if they were going to Louisiana.
A very historical note.
The note has perfect margins and registration.
Item#: 9355
Issue: Obsolete Currency
United States of America
Louisiana , New Orleans
Citizens Bank
1850’s-1860’s $5
Catalogue#: Haxby# 15-G12c
Grade: PCGS PCGS Very Choice 64
Wonderful Quality
A note on quality of Obsolete Bank Notes.
Unlike regular US Government notes, bank notes were not printed on the finest of cotton-bond paper or with the best of inks. They were not meant to circulate for a long period of time or circulate throughout the nation. They usually circulated on a local or state level, and probably not more then a few years at best. They were printed on whatever paper was available at the time. On some notes one can see some of the wood or pulp chips in the paper. In some cases, they were printed on earlier notes that were no longer in use. The technology of acid-free paper was not there yet, as seen with some of our national historical documents, and paper was much scarcer than we can today imagine.
These notes had to be printed on semi-wet or moist paper, or the ink would not properly adhere. They were very labor intensive, and were printed by hand, one side at a time. They would manually ink the press, place the damp sheet in it, and run the roller over it. The sheet would be hung to dry, and the same process of wetting and printing would be repeated for the reverse. In the case where more than one color was used, the process would have to be repeated for each color. Unpurified water was used in the wetting process, thereby introducing more minerals or impurities to the paper. As a consequence, many of these notes are very difficult to locate without discoloration, color bleeding or what looks like water staining, due to the wetting process. As if that was not enough, they were individually cut with scissors or crude cutting boards, making them very difficult to find with good margins, or the design itself not cut into it.
When grading them today, the coloration, bleeding or some stains, do not deduct from the grade, for the great majority have these problems. Margins, alignment and condition of the paper itself are the main grading points. However, when finding some of these notes without many of the usual problems, one should recognize that it is not the norm. That is one of the reasons why I have virtually all of these notes certified. They get sealed in archival holders, minimizing the aging and toning effects by not being exposed to the elements, and it also gives the client reassurance as to its authenticity and grade.
Warning:
I have seen some very white and super clean examples, but, upon close examination, they were nothing more than modern reproductions.
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