Louisiana New Orleans Canal Bank $5 Obsolete Note PMG 67 EPQ Prfect Margins

Auctions Buy It Now Ending Today View Feedback Store Newletter Visit Store Louisiana New Orleans Canal Bank $5 Obsolete Note PMG 67 EPQ Prfect Margins Item# 007006 Issue: Obsolete Bank Notes UNITED STATES OF AMERICA Louisiana, New Orleans Canal Bank Plate Letter(s): B 1840's, $5 Catalogue No: Haxby#LA105G10 Certified by: PMG Superb Uncirculated 67 EPQ Very Nice Quality
This note has nice margins.
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 The technology of acid-free paper was not there yet, as seen with some of our national historical documents, and paper was much scarcer than we can today imagine.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,
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