Bank Name: The New Orleans National Banking Association of New Orleans
State: LA – Louisiana
Charter Number: 1825
Lifetime: Operated 1871 to 1873 | Total Issue – $360,000
Series: $500 – Original Series National Banknote
Sheets Printed: 720
Value: Call, Text, or Email For A Quote | Info@RareCurrency.com | 864-430-4020
Basic Design:
Rarity and Value: This is one of the ultimate rarities in all of paper money. It is rare that we can talk about million dollar national bank notes. However, a fully intact example of a $500 national bank note should be worth around one million dollars or more based on the condition. Very few banks issued these bank notes. Notes like this that were issued were typically just held for cash on hand requirements and then destroyed. PLEASE contact us if you have one of these trophy items.
Current Market Analysis: If you want a collecting challenge, try to find notes from towns besides New Orleans that are in VF condition or better. Many notes from Louisiana are just plain scarce. The state itself is fun to collect. The banks in New Orleans printed enough money that lots of interesting types are available for reasonable prices. However, it will be tough to find notes with great eye appeal. We see lots of notes with faded signatures. The weather and humidity have not been kind to the survivors waiting to be found. In fact, Hurricane Katrina severely damaged at least two collections we know about. We have handed some great Louisiana rarities, but they are still few and far between.
We Are Buyers!!!
We buy all antique paper money issued by The New Orleans National Banking Association of New Orleans, LA. We can tell you how much your $500 bill is worth. We aren’t just dealers. We are also collectors, experts, and appraisers. We have contributed to numerous price guides and are considered specialists in the field of national currency. Contact us via phone or email to get your free appraisal today.