Posted 04/21/2012 9:26 pm
It sounds like you have what is known as a "broken banknote". These were issued in the 1st half of the 19th Century by private banks, most of which went broke, thus the name. Many of the banks had hoards of unissued notes when they failed and were subsequently sold as scrap. Those notes are usually unsigned or dated, and are called remainders. Signed and dated issued notes are more scarce.
The Canal Bank is one of the more common issues.
The Canal Bank is one of the more common issues.
; however, with the information I received here I was able to research a little and learn the note was likely printed in 1840, but as mentioned by worldnumis, was never used and eventually scrapped. I like it, though, and will try to get some other different broken bank notes if they aren't too pricey. Thanks again! This is an awesome forum! I plan to be around a bit more in the future to practice my grading skills.
