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All auctions / Coins & Banknotes / Fr. 42. 1869 $2 Legal Tender Note. PMG Very Fine 25.

6d 5hUSStack's Bowers

Fr. 42. 1869 $2 Legal Tender Note. PMG Very Fine 25.

Fr. 42. 1869 $2 Legal Tender Note. PMG Very Fine 25.

A Well-Centered Series of 1869 $2 Legal Tender Note Fr. 42. 1869 $2 Legal Tender Note. PMG Very Fine 25. A long-time favorite with collectors and arguably one of the most distinctive compositions to enter circulation with the Series of 1869. The $2 Legal Tender Note issued under that series was no doubt a workhorse in commerce and most circulated into oblivion or were redeemed with great prejudice at the end of a harsh life in commercial channels. Yet this piece stands as a fortunate survivor owing to the fact that it did not fall to such an inglorious end. Even circulation was the sum of this note's tenure in circulation before circumstance prompted its preservation as reflected by the grade assigned by PMG while exceptional color is brought to form throughout. Here the blue coloration and green microprinting are particularly worthy of praise and serve to foster a fine contrast with the utmost distinction that should rightfully allow one to effortlessly overlook the "Minor Repair" which can be seen as part of Jefferson's portrait and above the "U" seen in the serial number panel at left. PMG comments "Minor Repair." Estimate: $1,500 - $2,500. Click here for certification details from PMG.

Estimate:£674.38

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Estimate:

£674.38

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