In our next blog feature following along with Whitman Publishing’s 100 Greatest American Currency Notes publication, we will look at a first in the world of currency notes. Q. David Bowers and David M. Sundman will take us through this top 75 pick that featured one of the most prominent military figures of the time for the United States.
#73 – Gen. Winfield Scott Hancock Portrait $2 Silver Certificate, Series of 1886
The first of the $2 Silver Certificates first arrived in the Series of 1886. Previous silver certificates had only been issued in larger denominations dating back to 1878 and were not widely circulated. The Series of 1886 was issued in large quantities and was intended for heavy use in commerce. The portrait featured on the face of the notes depicted General Winfield Scott Hancock, a well-known military figure at the time. The denomination is seen enclosed on the right in what is known as “old cycloidal configuration” style patented by National Bank Note Co. In 1860. The back of the note features geometric designs, numerals and lettering.
Winfield Scott Hancock was deemed a hero in the War of 1812 and would later serve as commanding general of the United States Army from 1841 to 1861. He would find himself on the Union side in the American Civil War to which afterward he would command the Department of the East, which was headquartered at Governors Island in New York harbor. His name was placed into consideration as the Democratic nominee for president in both 1868 and 1880. However, he was never chosen to move forward.
The historic market value for the Series of 1886 $2 Silver Certificate featuring Gen. Winfield Scott Hancock was $75 in 1960 for a Gem Crisp Uncirculated condition. That same condition in 2006 rose to $3,750.00.