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- Product ID: 21458
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The Maryland Frederick 1840 $5 Chesapeake & Ohio Canal Co. C-231 UNC is a remarkable piece of historical currency that offers collectors and enthusiasts a fascinating glimpse into the economic history of Maryland during the mid-19th century. In Crisp Uncirculated (UNC) condition, this banknote is a testament to the craftsmanship of the era and the importance of currency in facilitating trade and commerce.
The design of the Maryland Frederick 1840 $5 Chesapeake & Ohio Canal Co. note reflects the artistic sensibilities of the time. The obverse side features a central vignette showcasing a detailed view of a horse-drawn canal boat navigating the waters of the Chesapeake & Ohio Canal. This imagery highlights the significance of the canal in the transportation of goods and commodities, promoting economic development in the region. The denomination "FIVE" is prominently displayed at the center of the obverse, with the value spelled out in words below. The note also includes the issuer's name, "Chesapeake & Ohio Canal Co.," and its location, "Frederick, Maryland," providing clarity regarding its origin. The reverse side of the banknote complements the overall design with intricate patterns and ornate detailing. The text "The Chesapeake & Ohio Canal Co. Will Pay Five Dollars to the Bearer" is featured prominently, reaffirming the note's value and its promise to pay the bearer upon presentation.
The history of the Maryland Frederick 1840 $5 Chesapeake & Ohio Canal Co. note is intertwined with the economic development of Maryland during the mid-19th century. The Chesapeake & Ohio Canal was a significant transportation artery in the region, facilitating the movement of goods and resources, particularly coal, between the Western Maryland mountains and the Chesapeake Bay.
Mintage figures for banknotes of this era can be challenging to ascertain with precision. However, it is important to note that banknotes like this one were typically produced in limited quantities compared to modern currency, making them a valuable and sought-after collectible.
The physical condition of the Maryland Frederick 1840 $5 Chesapeake & Ohio Canal Co. C-231 UNC is described as Crisp Uncirculated (UNC). UNC banknotes are highly coveted by collectors because they retain their original mint luster and pristine appearance, free from the wear and handling typically associated with circulated currency. This exceptional state of preservation enhances the note's desirability among collectors and numismatists.
The Maryland Frederick 1840 $5 Chesapeake & Ohio Canal Co. C-231 UNC is a captivating and beautifully crafted relic of Maryland's economic heritage. Its intricate design, historical significance, and exceptional UNC condition make it a prized collectible for those interested in the history of transportation, commerce, and currency in the mid-19th century. This banknote serves as a tangible link to the vital role played by the Chesapeake & Ohio Canal in promoting economic growth and development in the region.