August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Fr. 357. 1891 $2 Treasury Note. PCGS Banknote Choice Uncirculated 64.
Issued amidst the economic peculiarities of the 1890s and the ideological struggle between those who favored the Gold Standard and those who advocated for the unlimited coinage of silver, the Treasury Notes of that era were redeemable "in coin." Silver or gold it didn't matter as the obligation that backed these notes could be fulfilled either way. Packed to the brim with detail, floral and geometric elements account for an outsized presence even on those issued under the Series of 1891 which did away with the ornate back designs found on the Series of 1890. A collector favorite as one would rightly expect, high grade examples like this one are often a scarce sight. A portrait of Major General James B. McPherson can be found at right in a composition typical for the era. McPherson who served with distinction during the American Civil War until his death in 1864 is among a number of one-off personalities whose portraits came to the adorn Treasury Notes of the 1890s. A great example of numismatic Americana representative of a bygone-era of skill and intricacy; this example will rightly assume a place of honor in whichever collection or dealer's case it may come to grace.
Estimate: $2500.00- $3500.00
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Bidding
| Price realized | 2'600 USD |
| Starting price | 1'500 USD |
