Value of Two Dollar Bill from 1862
|Type: Legal Tender / United States Note
|Denomination: Two Dollar Bill
|Value: The value of two dollar notes from 1862 is based on condition and serial number.
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|Description: 1862 two dollar bills have two different dates on them. However, collectors generally just refer to them as series of 1862, even though it doesn’t specifically say “series of 1862” on the bills. This is not the most popular issue, but it is needed for a type set of $2 notes. All 1862 two dollar bills are signed by Chittenden and Spinner.
Alexander Hamilton is the center portrait on 1862 two dollar bills. All of these notes have red serial number and a red seal along with a green seal. Some people really like the back design due to the concentric circles of twos. This issue is sometimes counterfeited. If you see an 1862 $2 bill is especially worn out, be cautious.
|Variations: There are really just two varieties within the 1862 two dollar bill. 1862 notes were printed by both The American Bank Note Company and The National Bank Note Company. Both issues are valued the same; however, they are considered as two different types of notes.
|Inscriptions: Act of July 11th 1862 – Series ### – The United States Will Pay The Bearer One Dollar At The Treasury In New York – Register Of The Treasury – Treasurer Of The United States – Washington – Amer Septent Sigil Thesaur – August 1st 1862 – Patented 30 June 1857 – Patented April 23rd 1860 – This Note Is A Legal Tender For All Debts Public And Private Except Duties On Imports And Interest On The Public Debt; And Is Receivable In Payment Of All Loans Made To The United States