What is a red seal 2 dollar bill?
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.
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 number of other iterations of the $2 bills with a red seal can also fetch well over a $1,000. Bills with brown seals are also very valuable.
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 the U.S. Currency Auctions website, which bases the value on recent and past paper currency auctions.
“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.”
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.
Age - Older 2-dollar bills are more valuable than newer ones, as a general rule. Serial number - 2-dollar bills feature different serial numbers, some of which are more valuable. Misprints - Certain misprints, such as seals that are doubled or not placed properly, are very rare but are valuable.
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.
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.
- 1890 $1 Treasury Note: $1,000.
- 1928 $1 Bill: $1,000.
- 1923 $1 Bill: $1,000.
- 1917 $1 Legal Tender Note: $1,150.
- 1899 $1 Silver Certificate: $1,500.
- 1896 $1 Silver Certificates: $2,000.
- 1886 $ 1 United States Note: $2,500.
- 1869 $1 United States Note: $2,500.
According to a report from Cleveland.com, U.S. Currency Auctions has estimated that uncirculated $2 bills from 1890 could sell for as much as $4,500.
How much are $2 bills worth in 2024?
Unless it has a unique feature, like a low serial number or misprint, a newer $2 bill likely isn't worth much more than $2, even if it's uncirculated.
What Is a Silver Certificate Dollar Bill Worth Today? These certificates no longer carry monetary value as an exchange for silver, yet they are still legal tender at their face value. In the market, silver certificates are often worth more than their face value (e.g., $1) as collectors still seek out these prints.
The auction site U.S. Currency Auctions estimates that uncirculated $2 bills from nearly every year up to 1917 are worth at least $1,000. 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.
A newer bill with a green one is likely worth face value. With a red seal, the value generally starts to go up. Age is also a huge factor. If you're looking for a high dollar $2 bill, it would be pre-1900, and it would have to be in a very high condition graded condition," said Pinto.
Series | Very Fine | Uncirculated |
---|---|---|
1928-B ★ | $20,000 | Very Rare |
1928-C | $30 | $125 |
1928-C ★ | $600 | $3,000 |
1928-D | $15 | $80 |
Congratulations!
“What we look at is fancy serial numbers,” Johnston said. “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.”
- Heritage Auctions. Heritage Auctions is the largest collectibles auctioneer and the third-largest auction house in the world. ...
- eBay. ...
- Stack's Bowers Galleries. ...
- APMEX. ...
- Your Local Coin Dealer.
Today, the general public is still largely unfamiliar with the notes because they are not widely circulated and continue to be hoarded. The common misconception that the $2 note is no longer being produced also remains, though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976.
According to U.S. Currency Auctions, uncirculated $2 bills with red or brown seals can fetch thousands. For example, an uncirculated 1890 series $2 bill with a brown seal can be worth at least $4,500. A circulated $2 bill with a red seal can sell for $2.25 to $2,500.
Because people view them as being “rare” (they're really not), people tend to hoard them and not spend them. Therefore they don't show up in circulation all the time. Truth is that there's about $1.4B in $2 bills — so 700 million individual bills — in circulation right now.
How to tell if a dollar bill is worth more than face value?
Generally, the more unique the serial number on your dollar bill, the more likely it is to be worth more than face value.
Some people carry $2 bills in their wallets or purses for good fortune. Some also believe the $2 bill is lucky because it's considered a "rare" denomination (in reality, it's just less common), while others say it's lucky because of its association with Thomas Jefferson and the Declaration of Independence.
Crisp Uncirculated
A note that has not been released into circulation and is in the same condition as it was first produced. The paper must be firm and crisp, without any creases, folds or tears, and the corners must be sharp and square.
grand. The word grand is used in US and UK slang to mean a thousand dollars or a thousand pounds. There are several theories where this term came from, including the possibility that it refers to $1,000 being a grand (“large”) sum of money.