1862 $2 Large Size Legal Tender Note "Greenback" Alexander Hamilton Grades Select AU FR-41

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  Lot #11142  (Sale Order: 868 of 1106) 
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1862 $2 Large Size Legal Tender Note "Greenback" Alexander Hamilton Grades Select AU FR-41. No. #88 In The Top 100—This 1862 “Greenback” Is The First Legal-Tender $2 Federal Note!This vintage, Civil War-era note is a unique, large-sized 7?" x 3?" Silver Certificate that’s about 40% larger than today’s notes—which is why it’s also referred to as a “Horse Blanket” note. Beautifully designed, this $2 legal tender note is also ranked #88 in the 100 Greatest American Currency Notes book written by noted numismatist Q. David Bowers. The big story here, however, is that it’s the United States’ FIRST Federal $2 legal-tender note. Created during the second year of the Civil War when the U.S. government decided to issue its own currency, this 1862 series note feature a bright green back—a feature that popularized the term “greenback” for decades to come! This 1862 $2 Legal Tender Note is classified as Fr #41. This Fr designation refers to the numbering system in the widely used Paper Money of the United States reference book written by Arthur L. Friedberg and Ira S. Friedberg. The Fr numbers indicate varieties existing within a larger type design. The front design features the portrait of Alexander Hamilton, an American patriot and financing genius during the Revolutionary War and beyond. Hamilton is shown in profile—which is different from the familiar portrait that’s been used on the small-sized $10 bill since 1928. It’s also different from today’s $2 bills that feature Thomas Jefferson. Jefferson replaced Hamilton on the note beginning in 1969 and, except for a hiatus from 1966 to 1976, $2 bills have been printed ever since! The note’s design also features a red seal and a bold signature of F.E. Spinner, Treasurer of the U.S. when this note was issued. The eye-appealing reverse features an ornate design.

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This item is part of Key Date Coins Weekend Special $1 Openings! 23LD
 Saturday, Jun 14, 2025 | 1:30 PM  Eastern
 
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1862 $2 Large Size Legal Tender Note "Greenback" Alexander Hamilton Grades Select AU FR-41
1862 $2 Large Size Legal Tender Note "Greenback" Alexander Hamilton Grades Select AU FR-41
Lot number: 11142
Seller: Key Date Coins
Event: Key Date Coins Weekend Special $1 Openings! 23LD
Ends: Saturday, June 14 | 1:30 PM  Eastern

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