TAKE NOTE: You could have $2 bill in your pocket that’s worth a whopping $4,500 – Know Everything
According to THE SUN, The $2 bill, first printed in 1862, has undergone several design changes over the years. Initially featuring a portrait of Alexander Hamilton, it was redesigned in 1869 to include Thomas Jefferson. A second redesign occurred in 1963. Despite being still in circulation today, the value of these bills can vary greatly depending on their age and condition.
Value of 19th-Century $2 Bills
If you have a $2 bill from the 1800s, particularly one that remains uncirculated, it could be worth a substantial amount—up to $4,500 or more. The value largely depends on the bill’s condition; uncirculated notes from 1890 are highly sought after by collectors. Conversely, circulated bills from the 19th century might only be worth a few dollars.
Recent $2 Bills with High Value
Even more recent $2 bills can hold significant value. For instance, uncirculated $2 bills from 1995 can be worth around $500. Bills from the 2023 premium Federal Reserve set of 12 might fetch $700 or more. Thus, it’s worth checking any $2 bills you might come across, even if they are from the past few decades.
Evaluating Your $2 Bill
If you suspect you have a valuable $2 bill, experts recommend taking it to a certified coin expert for evaluation. A notable case involved multiple sequential $2 bills with crooked serial numbers, which were valued highly by currency expert Eric Miller. Miller, known for his detailed evaluations on social media, highlighted that such anomalies could significantly increase a bill’s value.
Comparing with Other Rare Currency
While $2 bills can be valuable, other currency errors also attract high prices. For example, some $1 bills with printing errors from 2014 and 2016, where duplicate serial numbers were used, can be worth up to $6,000. These types of errors are rare and typically not seen in regular circulation.
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Getting Your Bill Appraised
For anyone unsure about the value of their currency, Miller suggests visiting PCGS’s submission guide for professional grading. Rare bills, particularly those with unique errors or historical significance, can command impressive prices if authenticated and well-preserved.