Its secured inside your lock box or deep in a dresser drawer - the $2 bill. But some of the less-used currency could be worth far more than face value.
Depending on the year and how a $2 bill was circulated, some $2 bills are now worth thousands.
A $2 currency note printed in 2003 sold online in mid-2022 for $2,400 onHeritage Auctions. The same bill sold again for $4,000 roughly two weeks later, according to the Texas-based auction house. Other $2 notes from 2003 have fetched prices in thehundredsof dollarsand higher.
The federal government first issued $2 currency notes in 1862, which initially included a portrait Alexander Hamilton on the cover. Thomas Jefferson's image didn't appear on the $2 billuntil 1869, according to theBureau of Engraving and Printing. Since then, $2 currency notes have undergone six different designs.
What is my $2 bill worth?
To find the value of your $2 bill, look at the year and seal color. Bills with red, brown and blue seals from 1862 through 1917 can be worth up to $1,000 or more on theU.S. Currency Auctions website, which bases the value on recent and past paper currency auctions.
U.S. Currency Auctionsestimates that uncirculated $2 bills from 1890 could sell for up to $4,500, and uncirculated bills from nearly every year between 1862 and 1917 for at least $1,000. The auction site reports that collectors offer these or similar rates depending on factors such as printing method and location.
Uncommon but not rare
The Federal Reserve reported that in 2022, $2 bills in circulation amounted to $3 billion, a small fraction of the total $54.1 billion currency circulated that year. The note is considereduncommonbut not rare.
About the $2 bill
The $2 bill has anegative reputation dueto superstitions and its association with illegal activities like voter bribery. The U.S. Treasury made an attempt to popularize the bill in the early 20th century, but it failed. As a result, the government stopped issuing new twos for a period of time.
The bill was reintroduced in 1976 as the United States approached its bicentennial and is still in circulation today.
The front of the current version features the face of Thomas Jefferson, the primary author of the Declaration of Independence. On the back, there is a portrait of the signing of that document.
You can find acomplete listof the values of collectible $2 bills by clicking on the link provided.
Includes reporting by USA Today Network reporters Doc Louallen, Sarah Al-Arshani and John Tufts.
You can find the value of your $2 bill by visiting their U.S. currency price guide online at uscurrencyauctions.com. U.S. Currency Auctions estimates that uncirculated $2 bills from 1890 could sell for up to $4,500, and uncirculated bills from nearly every year between 1862 and 1917 for at least $1,000.
If the $2 bill was minted and printed before 1976, it would likely be worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range in value from $550 to $2,500.
A unique combination of eleven numbers and letters appears twice on the front of the note. Each note has a unique serial number. The first letter of the serial number corresponds to the series year.
That $2 bill you're holding could be worth up to $4,500, depending on a number of factors, including series year, type, and seal color, according to United States Currency Auctions. If your $2 bill dates back to 1886 and has a red seal with a silver certificate, you're in luck.That bill is worth $4,500.
“A serial number '1′ for a 1976 $2 bill would be worth $20,000 or more. But for a majority of those people holding 1976 $2 bills, they are only worth face value.
Serial numbers are eight digits long and are unique to each bill. They are paired with other identifying letters and numbers that identify the series year the bill is from and where it was printed. Serial numbers are found on the front of U.S. currency and are always printed twice.
Although $2 bills are rare to find, if you own one, there's a chance it has a high value. Based on specific factors, some versions of the currency may be worth up to $5,000, per the US Currency Price Guide. FOX 13 Tampa reported that these bills were discontinued by 1966 but brought back 10 years later.
Because they're still circulating, most $2 bills are worth exactly that – $2. Any $2 bill dating back to 1976 that has been in circulation – and any uncirculated versions since 2003 – are worth only their face value, USCA says.
If you've got a $2 bill with a red seal, it can sell for $3 to $2,500. Those with brown or blue seals can sell for hundreds of dollars. An 1869 $2 Legal Tender note, known as a Rainbow Note among collectors, can sell for more than $3,000.
“A serial number '1' for a 1976 $2 bill would be worth $20,000 or more. But [for] a majority of those people holding 1976 $2 bills, they are only worth face value. There are very few that actually exceed face value.” Other high-value serial numbers include what collectors call “solid” or “ladders.”
A circulated $2 bill with a red seal can sell for $2.25 to $2,500. To find a complete list of the values of collectible $2 bills, visit uscurrencyauctions.com. Copyright 2024 Nexstar Media Inc.
A higher serial number. Serial numbers of all 8s and 9s can sell for thousands, because not all bills have been printed to full capacity with every run.
A solid serial number that begins and ends with the same letter. These are known to be rare in the collector's community.
Easily identify banknotes with Cash Reader! Just point your camera at any bill from over a hundred supported currencies and hear its value instantly. Key Features Loved by Our Users: Fast and Precise Identification: Recognizes even small portions of banknotes.
The Series date located near the photograph of George Washington must read “Series 2013″ The bill must have a “B” Federal Reserve Seal above the serial number. The serial number must end with a star (*) and fall between B00000001* – B00250000* or B03200001*-B09600000*
Any $2 bill dating back to 1976 that has been in circulation – and any uncirculated versions since 2003 – are worth only their face value, USCA says. Uncirculated bills between 1976 and 2003 range in estimated value from $2.25 to as much as $500.
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