La Louisiane was originally claimed by the French and refers to the area covering the Mississippi River Valley. Much of this area was ceded to England in 1763 and the remainder was sold to the United States in 1803 (Louisiana Purchase). This very early 1720 bill was issued by the Royal Bank and backed by the French King. These notes were intended to be spent on American development and were printed on paper watermarked “Billet de Banque” and embossed with the bank’s seal. Gorgeous example of this popular and sought after note. A prime addition for a 14 or 15 colony set. Beautiful example with light paper and a strong seal at the bottom center.
Date: January 1, 1720
Denomination: 10 livres
Friedberg #: Pick# A16b
State: La Louisiane
Certification: PMG
Grade: 30
Comments: “Pinholes”