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Bank Of Cape Fear 20$ Note 4 July 1844

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Author Previous TopicReplies: 6 / Views: 1,872Next Topic  
Pillar of the Community
arby96's Avatar
United States
2111 Posts
 Posted 08/10/2013  10:14 pm Show Profile   Bookmark this topic Add arby96 to your friends list Get a Link to this Message Number of Subscribers
Hello, is there anyone out there than can tell me about this note? The back is blank, Date is 4 July 1844. It is in rough shape but I think its cool. Would like to know more about it.

Bank-Of-Cape-Fear-20$-Note-4-July-1844
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New Member
United States
10 Posts
 Posted 08/11/2013  06:42 am  Show Profile   Bookmark this reply Add beryl to your friends list Get a Link to this Reply
Nice note. The Bank of Cape Fear issued many notes payable at several locations in North Carolina. Most notes I've seen from the bank are from after 1850 and are colored with protectors. However the early 1840s notes look like yours. I can't see the details of your note but it does not appear to me to be a modern reproduction. If genuine or a contemporary counterfeit your $20 note is a relatively uncommon denomination - $10s are common but not $20s - and is valuable despite its condition. Where is the note payable at?
Valued Member
Dino's Avatar
United States
180 Posts
 Posted 08/11/2013  09:56 am  Show Profile   Bookmark this reply Add Dino to your friends list Get a Link to this Reply
If I'm wrong someone please say so but since there are signatures (if real) wouldn't the obsolete note be worth more as it's not a "remainder"?
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arby96's Avatar
United States
2111 Posts
 Posted 08/11/2013  3:32 pm  Show Profile   Bookmark this reply Add arby96 to your friends list Get a Link to this Reply
The writing is difficult to read, it is a cursive writing and can't make out some of the lettering. Not sure where it is payable at. I have had this note for over 40 years and its been difficult to find info on it. Do you know if PCGS would grade this type of note?
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BisonMatt's Avatar
United States
239 Posts
 Posted 08/12/2013  10:01 am  Show Profile   Bookmark this reply Add BisonMatt to your friends list Get a Link to this Reply
$350 for a similar condition note, payable in Salem in the Heritage archive(2012). Not sure if a different branch would change the price that much
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arby96's Avatar
United States
2111 Posts
 Posted 08/12/2013  9:58 pm  Show Profile   Bookmark this reply Add arby96 to your friends list Get a Link to this Reply
Its a great piece of history no matter what it is worth. Thanks
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papermoney's Avatar
United States
177 Posts
 Posted 08/17/2013  10:56 am  Show Profile   Bookmark this reply Add papermoney to your friends list Get a Link to this Reply
Never seen one of these interesting notes. Wow. I'd say maybe $150, as that's the most sensible, small time numismatists pay for these kind of things, as there is really no demand for them.
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