Key Date Coins Weekend Special- $1 Openings! LD44 Day 2
By Key Date Coins
Contact auction house
Nov 9, 2024
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
Terms of sale
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Key Date Coins Weekend Special- $1 Openings! LD44
The auction has ended
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LOT 9066:
*Highlight* 1918 "Battleship" The Federal Reserve Bank Of Boston, MA $2 Large Size National Currency Grades vf++ ...
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Sold for: $800
Start price:
$
5
Estimated price :
$777 - $1,554
Buyer's Premium: 18%
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*Highlight* 1918 "Battleship" The Federal Reserve Bank Of Boston, MA $2 Large Size National Currency Grades vf++ FR-747 (fc). Somewhat similar to the language seen on National Bank Notes, the notes themselves were actually backed by bonds deposited with the United States Treasury by the individual Federal Reserve bank. Forever confusing new collectors, the top of these notes read “NATIONAL CURRENCY” but they are not what is referred to as National Bank Notes. Starting off with the main attraction to these interesting banknotes is the design on the back, with its imposing visage of the 27,000-ton USS New York dreadnought battleship. The vignette was never labeled on the note itself and was intended to be generic, but in comparing it to an image of New York it is clear the two are the same. The face of the note has a vignette of third United States President Thomas Jefferson; his first appearance on the Federal $2 bill was on the Series of 1869 Legal Tender, and he can be found there on modern $2 notes to this day.
