Olevian Numismatic Rarities
$2 United States Currency Set of 3 // Red Seals // Lightly Circulated // 1928 to 1963 // Deluxe Collector's Pouch
Since the introduction of federally issued paper money in 1861, several forms of U.S. currency have been produced. This set highlights Legal Tender notes of the $2 denomination, dating from the Great Depression to the Kennedy administration. Each set features 3 different red seal $2 bills dated 1928, 1953, and 1963. These classic notes bear a portrait of Thomas Jefferson on the front and a depiction of his Monticello estate on the reverse. Each note will be housed in an archival-quality plastic sleeve and presented in a luxurious black velvet bag with certificate of authenticity.
United States Notes, also known as Legal Tender Notes, were a form of U.S. paper money issued from 1862 to 1971. Having been produced for 109 years, they were the longest running form of paper money in U.S. history. They were authorized as a form of fiat currency by the first Legal Tender Act. United States Notes acquired the name Legal Tender Notes due to the obligation that appeared on the reverse of the notes during the 1860’s, which read: “This Note is a Legal Tender for All Debts Public and Private Except Duties On Imports And Interest On The Public Debt; And Is Redeemable In Payment Of All Loans Made To The United States.”
Legal tender notes were originally placed in circulation by the U.S. Treasury to pay expenses incurred by the Union during the Civil War. During the next century, the legislation governing these notes was modified many times and numerous versions were issued by the Treasury. Prior to 1929, United States Notes were issued in a large-size format later referred to as “horse blankets.” Starting in 1929, the size of U.S. currency was reduced to its present dimensions, and the United States Notes appeared more similar to recent Federal Reserve Notes, with the distinction of having Treasury seals and serial numbers that were red instead of green. Although all United States Notes remain valid currency to this day, they are virtually non-existent in circulation and some command significant collectible premiums.
8"W x 4.25"H x 0.1"D
- OriginUnited States
— Includes Certificate Of Authenticity
— Housed In Archival Quality Acetate Protective Sleeve, Ready For Safe Storage, Display, Or Framing
Please Note: The item you receive will match the quality of the one shown, but may vary slightly due to the nature of original historical documents.
Shipping AvailabilityUnited States
Shipping PolicyFREE Shipping (contiguous US)
Ship In2-3 weeks ⓘ
Return PolicyFinal sale, not eligible for return or cancellation