Check Your $2 Bills, as They May Be Very Valuable

The next time you have a $2 bill burning a hole in your pocket, you might want to think again before spending it at some store, because the bill itself could be well worth more than two dollars-in some cases, enough to build serious wealth if used properly.

Some $2 bills can bring in $4,500 and more on the collectibles market, if you believe the website of U.S. Currency Auctions.

Just about all of the really valuable ones were printed in the 19th century. But even bills from within the last 30 years could be worth hundreds of dollars — if you had the right one.

The $2 bill was first printed in 1862 and is still in circulation today. It originally featured a portrait of Alexander Hamilton, but that changed with an 1869 redesign that put Thomas Jefferson on the bill.

The most recent edition of the $2 bill was designed in 1963, according to the U.S. Bureau of Engraving and Printing.

If the $2 bill had been minted and printed before 1976, it would probably fetch an amount higher than its face value on the collectibles market. In some instances, it is worth $2.25 alone.

The highest value is $4,500 or higher for uncirculated notes from 1890, although most of those bills range from $550 to $2,500. The values remain the same whether the bill has a red or brown seal.

For instance, an uncirculated original $2 bill from 1862 can be worth between $500 and over $2,800. You can be offered $3,800 or higher on an 1869 note.

More recently, the USCA lists a value of $500 on certain uncirculated $2 bills from 1995. If you have a $2 bill from the 2003 premium Federal Reserve set of 12, you may fetch a price of $700 or more.

Most $2 bills circulating are worth just that: $2. Just because you may not see a great number of $2 bills in circulation, it does not mean they aren’t being printed.

According to CNN, the U.S. Treasury Department’s Bureau of Engraving and Printing planned to print up to 204 million $2 bills in 2022. As of the most recent figures available from the Federal Reserve, there were 1.4 billion $2 bills in circulation back in 2020.

Just remember this: No matter what your $2 bill is worth on the collectibles market, if you spend it at a store, you won’t be able to get more than $2 worth of merchandise, so shop wisely.

These were issued before the green seal $2 bills we normally see, and are generally worth more. A red seal 1928 series bill can be worth hundreds depending on condition.Red Seal $2 Bills.

Some series of $2 bills were issued in very small print runs, which made them kind of rare and at the same time popular among collectors.

Well, if your $2 bill has printing errors – to include misaligned printing, ink smudges, or just plain missing elements, then it’s worth a great deal more to collectors.

A star next to the serial number means it is a “replacement note,” which usually implies a bill that has more value due to its rarity, especially if the print run was small.

How Much Could They Be Worth?

• Common circulated $2 bills may be worth $2 to $5.

• Uncirculated 1976 $2 bills can be worth as high as $20.

• Older series in excellent condition are pulling $50 to several hundred dollars.

• Special serial numbers or error notes can be worth thousands of dollars.

Low serial numbers number 00000001 through 00000999, are in demand by collectors.
Fancy serial numbers include repeating digits, such as 11111111, palindromes, such as 12344321, and “ladder” serial numbers, such as 12345678. These features make the bill more valuable Low serial numbers number 00000001 through 00000999, are in demand by collectors.

faq

How much can an uncirculated $2 bill be worth?

an uncirculated original $2 bill from 1862 can be worth between $500 and over $2,800. You can be offered $3,800 or higher on an 1869 note.