Fr. 42. 1869 $2 Legal Tender Note. PMG Gem Uncirculated 65 EPQ.
This Series 1869 "Rainbow" Deuce is one of the more challenging denominations to locate in the Gem grade. According to the T&P Census, PMG has graded only five FR42s in Gem 65 EPQ; only two pieces have graded finer at the 66 EPQ level with no Superb Gems graded at all. This issue marks Thomas Jefferson's debut on the $2 note, and his portrait has remained on that denomination ever since. The portrait here was engraved by Charles Burt, likely after an oil painting by Gilbert Stuart. The face plate for this issue bears the imprint of National Bank Note Company beneath the serial number at the lower left. The back plate bears the imprint of American Bank Note Company. Interestingly, the face also bears the imprint of the Treasury, "Engraved & Printed at the Treasury Department." This piece shows excellent color and detail of the design (PMG noted "Great Color" on the back of the holder) with dark green underprints spanning the top, blue tinted paper at left of center and a large red spiked treasury seal at right. Brightly overprinted and fully original, it is sure to create significant attention from bidders. PMG Pop 5/2 finer.

Estimate: $20000.00- $30000.00