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Buying/Selling 1896 $2 Two Dollar Silver Certificates "EDUCATIONAL NOTE"
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The 1896 $2 Educational Silver Certificate was the second denomination from the third issue which was released by the U.S Treasury in 1896. Like all of the Silver Certificates, this note was backed by Two Silver Dollar in the silver stockpile of U.S Treasury. The owner of the note was entitled to exchange the paper money at the Treasury for two silver dollars on demand.
The Design of the 1896 $2 Educational Silver Certificate
The front side of the $2 "Educational Note" stands out for its artistic detail and allegorical representations. A group of five female figures dominate the design, each symbolizing a different scientific discovery. The woman in the center, representing science, presents two young women holding a galvanic coil and a windpipe, denoting electricity and steam, respectively. This design speaks to the rapid scientific and industrial advancements of the time. The note's title, "Science Presenting Steam and Electricity to Industry and Commerce," reinforces this theme.
A Closer Look at the Design of the $2 Educational Silver Certificate
Edwin H. Blashfield, a well-known muralist and artist, played a crucial role in designing this note. Commissioned by the Bureau of Engraving and Printing (BEP), Blashfield was responsible for the overall layout and composition of the allegorical figures, which added a distinctive artistic touch to the note. His contribution to the design of the $2 Educational Note was particularly significant. This design was complemented by the note's blue serial numbers and the red treasury seal on the lower right side, adding to its visual appeal and uniqueness.
The Back of the 1896 $2 Educational Silver Certificate
The back of the 1896 $2 Educational Silver Certificate features the portraits of two famous American inventors, Robert Fulton and Samuel F.B. Morse. Fulton is known for inventing the commercial steamboat, which revolutionized transportation and commerce in the early 19th century. Morse, on the other hand, is famous for inventing the telegraph, which transformed communication and paved the way for further technological advancements in the field.
The inclusion of these two inventors on the back of the note further underscores the themes of science and technology that are central to the design of the Educational Series. Along the borderline are the detailed patterns that were drawn by Thomas F. Morris. The reverse side of this note is engraved by Lorenzo Hatch.
The design surrounding the two portraits on the back is considered the most ornate ever to appear on the U.S Currency. The intricate designs are an attempt to fend off counterfeiters. The complexity and artistry of these designs made duplication challenging, ensuring the note's security. This level of attention to detail elevates these notes to a unique status – they are not merely forms of currency, but masterpieces of art in their own right.
There are only two combination signature for the $2 Educational Note which is Fr.224 and Fr.225.
- Tillman-Morgan combination (used on Fr.247): This combination features the signature of James H. Tillman, who served as Register of the Treasury, and Thomas E. Morgan, who served as Treasurer of the United States during the other part of the time these notes were issued.
- Bruce-Roberts combination (used on Fr.248): Blanche Kelso Bruce, who served as Register of the Treasury, and Ellis H. Roberts, who was Treasurer of the United States during part of the time these notes were issued.
Collecting the 1896 $2 Educational Silver Certificates
The Educational Series, which includes the $2 note, was only in circulation for a short period of time. This limited issuance means that there are fewer of these notes available relative to other types of U.S. currency.
Learn more about: The magnificent $5 "Educational" Silver Certificate
Given their age, many of these notes have not survived in good condition. Paper money from this era was subject to wear and tear, including ripping, staining, and loss due to fires or other disasters. High-grade examples, meaning those in excellent condition with minimal signs of wear, are particularly rare.
As these $2 Educational Silver Certificate series of 1896 have been recognized for their beauty and collectible value, many have been hoarded by collectors, taking them out of general circulation. Additionally, many notes were likely destroyed when they were redeemed and replaced by later issues.
These notes are always highly prized by the collector community. Under any circumstances, a high demand always remains for these kinds of notes.
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