New Orleans, Louisiana. Commercial Bank of New Orleans. 1840 $50.

ew Orleans, Louisiana. Commercial Bank of New Orleans. 1840 $50. PCGS Currency Very Fine 20. No. 343. Plate A. Representative of a $50 Obsolete issued by a bank based out of Mississippi. The "New Orleans" location imprint on this piece is particularly crude and immediately betrays this note as a spurious obligation. PCGS Currency comments "Rust Stains and Small Hole; Small Internal Tears." Estimate: $300 - $500. Provenance: From the Caine Collection.

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