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1862 $2 Legal Tender Note Fr #41 PMG XF40

Item #
440096
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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 7⅜" x 3⅛" 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!

Certified By The World’s Largest Third-Party Paper Currency Grader

This note is graded in Extremely Fine 40 (XF40) condition by Paper Money Guaranty (PMG), the world’s largest third-party paper currency grader, which means it was actually used in commerce. 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.

Act Fast—Just ONE Note Available!

Because these notes were heavily circulated during the Civil War—$2 was the equivalent of about a week’s pay for a soldier—higher graded specimens like this one are extremely scarce. This note could have been used during the Civil War! We have only ONE of these available. If you want it, you know what to do!

PRODUCT HIGHLIGHTS:

  • FIRST $2 FEDERAL NOTE – The 1862 $2 Silver Certificate is the Federal $2 legal-tender note ever issued. It features portrait of Alexander Hamilton on the front along with a red seal and the signature of F.E. Spinner, Treasurer of the U.S. when this note was issued. The reverse features an ornate design.
  • POPULAR COLLECTOR NOTE – This note is ranked #88 in the 100 Greatest American Currency Notes book written by noted numismatist Q. David Bowers.
  • LEGAL TENDER CURRENCY – This bank note was $2 legal tender and circulated widely during the Civil War.
  • EXTREMELY FINE CONDITION – Your 1862 $2 Legal Tender Note has been graded by Paper Money Guaranty (PMG) in Extremely Fine-40 (XF40) condition.
  • SCARCE, HARD-TO-FIND NOTE – The 1862 $2 Legal Tender Note is a popular collectible note that is scarce and hard to find—especially for a high-graded specimen like this one.!

Don’t miss out this scarce Civil War-era 1862 $2 Legal Tender Note. This large “Horse Blanket” note features Alexander Hamilton and has been graded by PMG in Extremely Fine-40 (XF40) condition with a Fr #41 designation. Get yours right now!

Availability Out of Stock
Year of Issue 1862
Country United States
Composition Currency
Condition Graded, Circulated
Grade 40
Denomination 2.00