1886 $2 Large Size Silver Certificate General Winfield Scott Hancock Grades vf, very fine Signatures

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  Lot #12362  (Sale Order: 715 of 1121) 
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1886 $2 Large Size Silver Certificate General Winfield Scott Hancock Grades vf, very fine Signatures Rosecrans/Jordan. FR-240 While Silver Certificates began in 1878, the Series of 1886 would be the first issuance of denominations smaller than $10. These lower denominations would see a lot of circulation given their smaller face values and their replacing the heavy silver dollars that people didn’t like using in commerce. Along the left border of the face is printed “ACT OF AUGUST 4, 1886,” referring to an appropriations act that allowed Silver Certificates to be printed in denominations of $1, $2, and $5.Also at the left is a portrait of General Winfield Scott Hancock. With a military career that spanned the Mexican-American War and the American Civil War, the General was considered a war hero worthy of being featured on U.S. banknotes.In 1865 Hancock was tasked with supervising the execution of the Abraham Lincoln assassination conspirators, and in 1880 he ran for president as the Democratic nominee. Hancock died on February 9th, 1886, mere months before the act authorizing these banknotes was passed. So, his portrait was a logical choice.The text known as the “obligation” on the face of the note reads: THIS CERTIFIES THATTHERE HAVE BEEN DEPOSITED IN THETREASURYOF THEUNITED STATESTWO SILVER DOLLARSPayable to the bearer on demand,Washington D.C. The back of the note, all in green, showcases an elaborate mixture of geometric designs, some reminiscent of flowers along with other plant life. In a serpentine layout is “UNITED STATES SILVER CERTIFICATE” and further legal tender text stating “THIS CERTIFICATE IS RECEIVABLE FOR CUSTOMS, TAXES AND ALL PUBLIC DUES, AND WHEN SO RECEIVED MAY BE REISSUED.”At the bottom is the familiar printer logo “BUREAU, ENGRAVING & PRINTING.”

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This item is part of MASSIVE Summer Kickoff! Rare Coin Auction 23MA
 Sunday, Jun 15, 2025 | 1:30 PM  Eastern
 
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1886 $2 Large Size Silver Certificate General Winfield Scott Hancock Grades vf, very fine Signatures
1886 $2 Large Size Silver Certificate General Winfield Scott Hancock Grades vf, very fine Signatures
Lot number: 12362
Seller: Key Date Coins
Event: MASSIVE Summer Kickoff! Rare Coin Auction 23MA
Ends: Sunday, June 15 | 1:30 PM  Eastern

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1.178.0.1875.f3727f4.13.94