||Springfield, MA - John Hancock Bank $2 Jan. 1, 1857 MA-1180 G4a SENC. PCGS Very Fine 30PPQ. This is another extremely rare and fascinating Massachusetts Obsolete with a uniquely styled layout. The bank became a National Bank in 1865 and redeemed its Obsoletes. Finely engraved by Toppan, Carpenter, Casilear & Co., it shows an impressive signature of John Hancock across the top, in the style he used to sign the Declaration of Independence. At the bottom right is a large eagle and shield vignette within a panoramic street view. At the left is large red protector numeral "2," different from the shaded and outlined protector used on the plated note in Whitman. This is a stunning grade example that boasts crisp and bright paper. A scant few issued notes and proofs with the "John Hancock" engraved signature exist today from the bank, and most likely this is the finest. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,055.00. Newman VI (Heritage Auctions, 4/2015), lot 19134. Description courtesy of Heritage Auctions.