1862 $2 Legal Tender

This 1862 $2 Legal Tender Note, Fr. 41, represents one of the earliest issues of United States Legal Tender Notes. These notes were among the first paper money issued by the federal government during the Civil War, marking a pivotal shift in U.S. monetary policy.

Graded Very Fine 25 by PMG, this note shows moderate circulation with typical folds and handling consistent with the grade. The paper quality remains solid with good structural integrity. Hamilton's portrait retains strong detail, and the red serial numbers and Treasury seal maintain their vivid color against the black design elements. The ornate border work and "UNITED STATES" lettering remain crisp and well-defined. The reverse displays the classic green legal tender clause surrounded by decorative geometric patterns, with the four corner "2" denominations clearly visible and the overall design maintaining substantial eye appeal despite the evident circulation.