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Could your $2 bills be worth more than you think? Before you spend that bill at your local store, consider that it might be a collector’s dream. Certain $2 bills could fetch thousands of dollars in the collectibles market, opening opportunities to build wealth.
The U.S. Currency Auctions (USCA) website notes that certain $2 bills can command prices of $4,500 or more. The most sought-after versions were printed in the 19th century, but even newer bills from recent decades might hold significant value if they have unique characteristics.
$2 Bill Origins
The $2 bill made its debut in 1862 and continues to circulate today. Initially, Alexander Hamilton graced its surface, but an 1869 redesign replaced him with Thomas Jefferson. According to the U.S. Bureau of Engraving and Printing, the latest design was completed in 1963.
Value of Your $2 Bill
If you are holding a $2 bill minted before 1976, you might be pleased to learn it’s worth more than its face value. While some might sell for slightly above face value, uncirculated notes from 1890 can reach $4,500 or more, though most fall between $550 and $2,500. The value remains consistent whether it has a red or brown seal.
An uncirculated 1862 bill may range from $500 to upwards of $2,800. A bill from 1869 could be valued at more than $3,800. More recent examples, like the uncirculated 1995 bills, may be worth $500. Bills from the 2003 premium Federal Reserve set could fetch $700 or more.
Considerations
While most $2 bills are worth exactly $2, they remain actively printed. In 2022, the Bureau of Engraving and Printing produced up to 204 million $2 bills. Currently, 1.4 billion are in circulation according to the Federal Reserve. Remember, even if a bill has high collector’s value, it’s only worth $2 in general commerce. Spend wisely!
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