PMG's Featured Note of the Month: $2 US Obsolete Banknote

Posted on 12/21/2021

With Christmas approaching, this fun banknote includes a familiar holiday figure.

New Hampshire, Lancaster 1860s $2 graded PMG 8 Very Good
Click images to enlarge.

Country: United States

Catalog Number: NH160G8b

Date: 1860s

Denomination: $2

Varieties: PMG has also graded the similar NH160G8a (1857-60s) and NH160G8PP (Proprietary Proof).

What makes it special? This banknote was issued by the White Mountain Bank of Lancaster, New Hampshire. The top of the note features a vignette of Santa Claus.

Did you know? The famous poem "A Visit from St. Nicholas" was first published in the 1820s. It enshrined many of the traits associated with Santa Claus today, including his sleigh pulled by reindeer.

Total graded by PMG: PMG has graded three examples of NH160G8a, two examples of NH160G8b, and three Proprietary Proofs.

PMG median grade: PMG 10 Very Good for the five examples of NH160G8a and NH160G8b; PMG 66 Gem Uncirculated EPQ for the Proprietary Proofs

PMG highest graded: There is a single example each of NH160G8a and NH160G8b in PMG 15 Choice Fine.

Sales highlights: Stack's Bowers sold a NH160G8a for $3,840 in August 2021. Heritage Auctions sold a NH160G8b graded PMG 8 Very Good for $2,640 in April 2021.

PMG Registry: None of these notes appear in any custom sets in the PMG Registry. If you own one of these notes, you could be the first to add it to the PMG Registry!

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