Archives International Auctions Auction 103 June 11, 2025
Archives International Auctions - Sale 103 54 June 11, 2025 Archives International Auctions www.archivesinternational.com HISTORIC DISCOVERY OBSOLETE PROOFS “CITIZENS’ BANK OF LOUISIANA” INTEREST BEARING POST NOTE PAIR 251 251 LA. The Citizens’ Bank of Louisiana, ND (ca.1836-39), $100 Proof Interest Bearing Post Note Obsolete Banknote. New Orleans. ND (1836-1839), Citizens’ Bank of Louisiana, $100 = 530.0 Francs = £20.16.8 Stg, 5 1/2% Interest Per Annum, Proof Obsolete Interest Bearing Post Note, Black printing on india type of paper, 7 POCs, pp A, PMG graded Very Fine 25, 6 interest coupons on the left side, A highly attractive and historical proof note issued by the Citizens Bank of Louisiana in the mid-1830s. This unique proof features the intricate engraving of the bank’s impressive headquarters building, showcasing the neoclassical architecture of the time, with people and horses in busy street scene in front, Large “C” on left and “100” at right , text states “The Citizens’ Bank of Louisiana Promise to pay Three Years after date to the order of ______ or Bearer One Hundred Dollars........with interest at the rate of 5 1/2 per cent per annum payable half yearly.......”, The Citizens Bank of Louisiana, a prominent institution in New Orleans during the early 19th century, played a critical role in financing both local and international trade, This is very possibly a discovery piece from this bank of a circulating and interest bearing Post Note, similar to the 1864 Interest Bearing Notes and Compound Interest Bearing notes issued by the United States during the Civil War. This and the following companion piece are from an old estate and have never appeared at auction previously, nor have any records of a previous auction appearance or sale of this design and type been found. “Childs, Engraver, New Orleans”. Very possibly unique, First time seen by describer. ������������������������������������������ Est. $3500-7000 252 252 LA. The Citizens’ Bank of Louisiana, ND (ca.1836-39), $500 Proof Interest Bearing Post Note Obsolete Banknote. New Orleans. ND (1836-1839), Citizens’ Bank of Louisiana, $500 = 2650 Francs = £104.3.4 Stg, 5 1/2% Interest Per Annum, Proof Obsolete Interest Bearing Post Note, Black printing on india type of paper, pp B, PMG graded Choice Extremely Fine 45 with note of “previously mounted and corner tips missing, 6 interest coupons, 3 on the left and 3 on the right side, A highly attractive and historical proof note issued by the Citizens Bank of Louisiana in the mid-1830s. This unique proof features the intricate engraving of a reclining partially nude Native American woman in middle, Large “$500” on left over title, text states “The Citizens’ Bank of Louisiana Promise to pay Four Years after date to the order of ______ or Bearer Five Hundred Dollars........with interest at the rate of 5 1/2 per cent per annum payable half yearly.......”, The Citizens Bank of Louisiana, a prominent institution in New Orleans during the early 19th century, played a critical role in financing both local and international trade, This is very possibly a discovery piece from this bank of a circulating and interest bearing Post Note, similar to the 1864 Interest Bearing Notes and Compound Interest Bearing notes issued by the United States during the Civil War. This and the previous companion piece are from an old estate and have never appeared at auction before, nor have any records of a previous auction appearance or sale of this design and type been found. “Childs, Engraver, New Orleans”. Very possibly unique, First time seen by describer. ���������������������������������������������������������������������� Est. $4000-8000
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