• Iconic Battleship Design – Features the legendary USS New York charging through waves on the reverse, making it one of the most visually powerful and patriotic notes ever printed by the U.S. Treasury.

• Ultra-Rare One-Year Issue – The only $2 Federal Reserve Bank Note ever made, issued exclusively in 1918 and never again—making it a must-have for serious collectors.

• Historic “Horseblanket” Format – One of the final large-size $2 notes before the transition to smaller currency, with fewer than 0.5% surviving today—these giants are getting harder to find by the day.

The 1918 $2 Battleship Federal Reserve Bank Note, often referred to as the “Battleship Note,” is one of the most iconic and sought-after pieces in American paper currency. Issued only in 1918, this note is the sole $2 denomination ever produced as a Federal Reserve Bank Note, making it a unique and important artifact in U.S. monetary history. Known for its impressive size, this large-format “horseblanket” note commands attention with its bold design and powerful symbolism.

The front of the note showcases a dignified portrait of Thomas Jefferson, while the reverse features a dramatic engraving of the USS New York, a powerful battleship of the era shown slicing through ocean waves. This dynamic depiction of American naval strength has become a favorite among collectors and historians alike. The note is emblazoned with the words “National Currency” and “Federal Reserve Bank Note,” and the denomination “Two Dollars” is prominently displayed in all four corners.

As the final series of large-size $2 bills ever issued by the United States, and with the vast majority having been redeemed and destroyed, surviving examples are extremely scarce—fewer than one-half of one percent still exist. This rarity, combined with its historic significance and bold imagery, makes the 1918 $2 Battleship Note a treasured piece of American numismatic history.