Do you keep a $2 cash in your wallet or drawer for good fortune? It’s time to examine those bills more closely because you might be surprised by their value.
Uncirculated $2 bills from 1890 could fetch at least $4,500, according to U.S. Currency Auctions, while uncirculated bills from almost every year between 1862 and 1917 might fetch at least $1,000. According to the auction website, rates are offered by collectors based on various parameters, including location and printing type.
Recent bills may also be very valuable; in 2022, a $2 bill from 2003 brought $2,400 at auction. This specific bill was offered for sale by Heritage Auctions, the biggest numismatic auction company globally, and had a very low serial number for the 2003 series. A later sale brought $4,000 for it.
Is there a rare $2 bill?
According to data from the Federal Reserve, there were 1.5 billion $2 bills in circulation in 2022—a negligible quantity compared to the $54.1 billion in total cash that was in circulation at the same time.
Concerning the $2 bill
The likeness of Thomas Jefferson, the principal author of the Declaration of Independence, is displayed on the front of the current $2 note. There is a picture of the document’s signature on the back.
Because of superstitions and its connection to illicit acts like voter bribery, the $2 bill has a bad image. In the early 20th century, the U.S. Treasury made an unsuccessful attempt to promote the banknote. Consequently, the government temporarily ceased producing new twos.
As the US approached its bicentennial, the bill was reintroduced in 1976 and is still in effect today.
