Originally printed during the Civil War, this large format paper currency was among the first of the legal tender notes issued by the U.S. Treasury. Also known as United States notes, this currency is an intriguing option for anyone with an interest in American history. For added numismatic appeal, these have also been officially certified the Paper Money Guaranty. Today, 1862 $2 Legal Tender Notes are available to purchase in Very Good condition online from JM Bullion.

Note Highlights:

• Delivered in a protective plastic currency sleeve from PMG!
• Issued during the Civil War!
• Classic large format note!
• Bears a face value of $2 (USD) from the federal government.
• Issued a grade of Very Good 10 by the Paper Money Guaranty.
• The obverse features a portrait of Alexander Hamilton.
• On the reverse, obligation and denomination details are shown.

Each 1862 Legal Tender Note in this JM Bullion listing online has been sent to the Paper Money Guaranty for certification. PMG was established in 2005 and is considered one of the leading third-party graders of paper currency. Following careful inspection, these notes received a grade of Very Good 10. This means that the note will display plenty of signs of circulation and may be somewhat limp in structure. Included with your note is a plastic currency sleeve with a PMG label bearing the official grade.

Large-format legal tender notes were issued from 1862 until 1923. The next series arrived in 1928 and featured a new small format with a radically altered design. The notes from Series 1928 share quite a bit in common with the notes we use today. In comparison, the large format notes have much more ornate aesthetics and make for quite memorable display pieces. Legal tender notes continued to be issued up until 1971, which makes them the longest-running currency program in U.S. history.

The obverse of $2 Legal Tender Notes features Alexander Hamilton. One of the nation’s Founding Fathers, Hamilton was influential in establishing the country’s banking system and was the nation’s very first Secretary of the Treasury. In the portrait, Hamilton is depicted in right-profile relief. The obverse contains numerous other designs features as well, including the Treasury seal in red ink.

On the reverse side of these Legal Tender Note, you will find the denomination listed numerically in each of the four corners. In the center of the note, there are rows of obligation text. Surrounding this text are concentric circles crafted with the number 2. The reverse also contains a beautiful decorative pattern in the background consisting of thick parallel bands running horizontally.

Please contact JM Bullion if you have any questions. Our team is available at 800-276-6508, online using our live chat, and via our email address.