Do you keep a two-dollar bill in your drawer or wallet for good luck? It’s time to take a closer look at those banknotes, because they may be worth more than you realize.
According to U.S. Currency Auctions, uncirculated $2 bills from 1890 might sell for at least $4,500, and uncirculated bills from practically every year between 1862 and 1917 for at least $1,000. According to the auction site, collectors offer these rates based on printing method and region.
Newer bills may also have great worth, as a $2 bill issued in 2003 sold at auction for $2,400 in 2022. This bill has an extremely low serial number for the 2003 series and was auctioned by Heritage Auctions, the world’s leading numismatic auction house. It later sold for $4,000.
Is the $2 bill rare?
According to the Federal Reserve, 1.5 billion $2 bills were in circulation in 2022, accounting for a minuscule portion of the $54.1 billion in cash circulated that year.
Regarding the $2 banknote.
The current $2 bill depicts the likeness of Thomas Jefferson, the principal author of the Declaration of Independence. On the back, there is a portrait of the document being signed.
The $2 bill has a bad image due to superstitions and its link to criminal acts such as voter bribing. The United States Treasury attempted to promote the banknote in the early twentieth century, but it failed. As a result, the government temporarily ceased issuing new two-dollar bills.
The bill was reintroduced in 1976 as the United States marked its bicentennial, and it is still in circulation today.
