The designs on U.S. large-size notes in circulation in the late 1800s
often are stunning examples of engravers’ art. Yet they were also used
in everyday transactions.
One such example is an 1886 $2 silver certificate, graded Gem
Uncirculated 65 Exceptional Paper Quality by Paper Money Guaranty.
The note will be offered in the Sept. 3 to 8 Long Beach Expo
Currency Signature Auction to be conducted by Heritage Auctions.
A portrait of Gen. Winfield Scott Hancock appears at the left side
of the face of the note facing the elaborate engraving of the
denomination and U.S. Treasury seal.
Hancock, who held the rank of commanding general of the U.S. Army
for 20 years, was a graduate of the United States Military Academy.
He served in the Mexican-American War and was a key figure in the
Union victory at Gettysburg during the Civil War.
Though no estimate is yet given for the $2 silver certificate,
another note of the same denomination and type, graded one point
higher, at PMG Gem Uncirculated 66 EPQ, sold for $5,287.50 in an April
25, 2014, Heritage auction.
For more information about the September Long Beach Expo paper money
auction, visit the Heritage Auctions website.