The 1918 $2 Federal Reserve Bank Note, but you might know it better as the "Battleship." It's not just a banknote, it's a window into our past. With its unique design and interesting backstory, it has won the hearts of collectors all over. It's more than just a piece of paper, it's a treasure chest of stories waiting to be discovered.
This is the second denomination from the 1918 series of Federal Reserve Bank Notes, issued in denominations from $1 up to $50, was part of the response to a currency shortage brought on by the withdrawal and melting of silver dollars authorized by the Pittman Act of 1918. The act allowed the Federal Reserve banks to issue these banknotes to replace the withdrawn Silver Certificates in circulation
Detailed Description of the 1918 $2 Battleship Note
The 1918 $2 Battleship shares the common physical characteristics of the large size currency at that time. It is a large-sized note, with dimensions measuring 7.375 x 3.125 inches (187 x 79 mm).
During World War I, numerous industries experienced resource shortages, including the linen industry, which traditionally supplied material for paper currency. As a result, the Bureau of Engraving and Printing, tasked with producing the nation's currency, had to adapt. The 1918 $2 FRBN, like all notes from the Series of 1918, was printed on 100% cotton paper instead of the traditional linen-cotton blend.
Detailed Examination of the 1918 $2 Two Dollars FRBN Battleship
The obverse side of the 1918 $2 Federal Reserve Bank Note is a masterpiece of design interwoven with historical symbolism. At the left of the note, a dignified portrait of the nation's third president, Thomas Jefferson, commands attention. This portrait of Jefferson, who was a significant figure in the establishment of the United States, has been a feature of the $2 bill since the Series of 1869 Legal Tender, and he can be found there on modern $2 notes to this day.
A closer look at the $2 1918 Battleship from both sides.
The small blue scalloped seal, a characteristic of Federal Reserve Bank Notes, is typically located on the right-hand side of the note. The seal, along with the blue serial number printed twice on the banknote (in the upper right and lower left), serve as unique identifiers for each FRBN.
This blend of design, symbolism, and declaration on the obverse side of the 1918 $2 Federal Reserve Bank Note speaks to the richness of American history and the intricacies of its currency.
On the back of the 1918 $2 Federal Reserve Bank Note, there is a powerful depiction of the United States' maritime strength during the early 20th century. A dreadnought battleship takes center stage, which strikingly resembles the 27,000-ton USS New York, despite being intended as a generic representation of a battleship. The intricate engraving showcases the ship's multiple gun turrets and robust superstructure, representing the might and determination of the American Navy during a period of global conflict.
The battleship seems to be in motion, navigating through intricately depicted waves. This sense of forward motion suggests progress and resolve, reflecting the spirit of the era. Above the battleship, the denomination of the note is clearly stated: "Two Dollar." The words "National Currency" and "Federal Reserve Bank Note" are also prominently displayed. The denomination is also displayed in numerical form in all four corners of the note.
Signature Combinations on the Federal Reserve Bank Note (FRBN) Dollars Bill:
One of the intriguing aspects of FRBNs, including the 1918 $2 FRBN, is the inclusion of four signatures. These signatures are those of the Treasurer of the United States and the Register of the Treasury, customary on most U.S. currency, but also those of the Cashier and the Governor of the respective Federal Reserve Bank from which the note originates. These additional signatures reflect the individual responsibility of each Federal Reserve Bank in backing and issuing these notes.
For collectors who are interested in finding signature combinations, the 1918 $2 Battleship from the Federal Reserve Bank of Atlanta are often considered to be quite difficult to come across. Nevertheless, it is important to keep in mind that despite their rarity, these notes can still be found in various conditions. Typically considered a must-have item for any serious currency collector. The intricate design, historical significance, and unique features of each note make them a remarkable addition to any collection.
