World Banknote Auctions Announces the Louisiana Bayou Collection of High Denomination Notes

World Banknote Auctions has announced its upcoming sale of the Louisiana Bayou Collection of High Denomination Notes. This collection offers ten lots of $500 notes and 35 lots of $1000 notes. All notes were taken out of circulation in the American South during the 1940s and 1950s and are now offered for the very first time on September 29 at 1 PM PDT on the World Banknote Auctions website.

There is a wide variety of series, districts, and grades. Grades range from VG to Choice Uncirculated. Because of the region that the notes were put away in, a fairly large number of notes are from the Atlanta district, although other districts are represented as well. Notes from several series are offered, including several from the 1928 series, known for their “gold clause,” stating the notes were redeemable in gold. Other highlights include:

Lot 9002: 1934 Fr. 2201-Flgs PMG Very Fine 30 EPQ 500 Dollars Federal Reserve Note Atlanta (Light Green Seal)

Lot 9009: 1934A Fr. 2202-F PMG About UNC 53 EPQ 500 Dollars Federal Reserve Note Atlanta

Lot 9024: 1934A Fr. 2212-B PMG Extremely Fine 40 1000 Dollars Federal Reserve Note New York

Lot 9038: 1934A Fr. 2212-Fm PMG Choice UNC 63 EPQ 1000 Dollars Federal Reserve Note Atlanta Mule

Lot 9044: 1934A Fr. 2212-G PMG Extremely Fine 40 1000 Dollars Federal Reserve Note Chicago

All lots are now posted to the company’s website and are open for bidding. The entire sale is offered unreserved. Like most sales of World Banknote Auctions, a low 15 percent buyer’s premium applies to this sale, along with flat-rate shipping rates and hassle-free payment methods.