How old is the oldest $2 bill?
The first $2 notes (called
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.
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.
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.
According to the US Currency Pricing guide, depending on certain factors, that $2 face value could be worth a lot more, even up to $5,000. A recent auction just saw one sell for almost $2,500. Although $2 bills are rare to find, if you own one, there's a chance it has a high value.
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. The U.S. Currency Education Program said there are 1.2 billion $2 notes in circulation.
“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.”
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.
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.
- 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.
Does anyone buy 2 dollar bills?
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 you're interested, there's one listed on eBay for $7,999.
The note is considered uncommon but not rare. 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. 'Vintage' iPhone:A first-generation iPhone sold for $190K at an auction this week.
One of the country's largest buyers of rare coins and currency, APMEX has purchased more than $1 billion from the retail market, making selling a straightforward process. Sellers can request a quote online or by phone, and the company guarantees payment within one business day of receiving your coins or bills.
Is it considered lucky? In many cultures, the number two is associated with good luck and prosperity. Some people carry $2 bills in their wallets or purses for good fortune.
A green seal to the right of the portrait represents the U.S. Department of the Treasury. The design of the seal was changed to incorporate an English inscription and appears on all Federal Reserve notes of the 1969 series year or later.
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.
“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.”
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.
In 1963, the Treasury Department added the motto "IN GOD WE TRUST" to the back of the note and placed it over the engraving of Monticello. The treasury seal found on the note is bright red. In 1928 it was located on the left side of the note and moved to the right side of the note beginning with Series of 1953.
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.
How much is a $2 bill worth from 1963 with a red seal?
1963 and 1963A red print two dollar bills are very common. Despite the difference between the A and non-A, both notes are equally common and worth the same amount of money in all grades. You can buy a circulated 1963 red seal two dollar bill any day of the week for around $3.
Australian $1-2 notes were issued from 1966 right up until they were replaced by coins in 1988. Some notes can be particularly valuable if they have the right serial numbers or if they're in mint condition. The rarest $2 notes can sell for up to $5,000 each.
There were four different series of 1953 two dollar bills 1953, 53A, 53B, and 53C. Star notes for these series are worth RETAIL, 1953 $22, 53A $19, 53B $20, and 53C $25.
Extremely Low Serial Number
First and foremost, what made this bill exceptional, was an exceptionally low serial number, specifically 00000007 *. In the world of currency collecting, low serial numbers hold a special allure as they signify bills that were among the first few to be printed.
Examine the serial numbers.
Make sure that the serial numbers on a bill match, and look at them carefully. Fake bills may have serial numbers that are not evenly spaced or that are not perfectly aligned in a row. If you received multiple suspicious bills, see if the serial numbers are the same on both bills.