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.
Age - Older 2-dollar bills are more valuable than newer ones, as a general rule. Serial number - 2-dollar bills feature different serial numbers, some of which are more valuable. Misprints - Certain misprints, such as seals that are doubled or not placed properly, are very rare but are valuable.
Silver Certificates for any year are easily valued for more than $500 in uncirculated condition. Whereas treasury notes from 1890 can be worth more than $2,000 if available in uncirculated condition. The earliest $2 bill series (from 1862) is worth more than $1,000 in uncirculated condition.
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. The values are the same whether the bill has a red or brown seal. An original uncirculated $2 bill from 1862 ranges in value from $500 to more than $2,800.
Generally speaking, a $2 bill is typically worth $2 if it was produced between 1976 and 2013. Even an uncirculated $2 bill won't be worth more than face value if it was printed after 1976.
Some Australian 2 dollar notes can be particularly valuable with certain serial numbers or if they are in mint condition. Values can reach up to $5,000 for the rarest old Australian two dollar bill. Many non-collectors think it is crazy that 2 Australian dollars might be worth that much money!
Average Market Value and Price Range
As of May 2023, the average market value of a 1976 $2 dollar bill is around $3 to $5 in circulated condition. However, uncirculated bills in crisp condition can fetch up to $30 or more depending on their rarity and condition.
"The $2 bill was often thought to be bad luck, as 'deuce' was a name for the devil," CNB St. Louis Bank wrote. "Recipients would tear off one corner, believing it would negate the bad luck of the bill. This caused many of the bills to be taken out of circulation as mutilated currency."
Palindromes are words or numbers that read the same way, backward or forward. Some very rare $2 bills from 1976 feature serial numbers that are also palindromes. Because these bills are so rare, they can be quite pricey, fetching as much as $95. The ladder is the rarest variety of the 1976 two-dollar series.
Of course, there are exceptions: A serial number 00000001 could be worth up to $15,000. Binaries: Those in which the serial number is made up of only two different numbers, can be worth up to $800 dollars. For example: 29299299. Solid: Bills with a solid digit in their serial number can be worth up to $500.
The highest value for a $2 note was found on 1890 Treasury Note versions, with the circulated version worth between $550 and $2,500, or at least $4,500 if uncirculated. The collector value is the same for both versions of the 1890 bill, either with a brown seal or a red one.
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.
GEM Brilliant Uncirculated 2021 Silver Eagle (Type 2)
These gorgeous silver eagle coins are minted at West Point, Philadelphia, or San Francisco and contain one ounce of 0.999 pure silver.
Each note has a unique serial number. The first letter of the serial number corresponds to the series year.
Value of $2 from 1978 to 2023
$2 in 1978 is equivalent in purchasing power to about $9.33 today, an increase of $7.33 over 45 years. The dollar had an average inflation rate of 3.48% per year between 1978 and today, producing a cumulative price increase of 366.45%.
According to the USCA website, any $2 bill with a red seal printed between 1862 and and 1896 is worth big bucks. The top payout is $4,500, and that's if the bill was printed in 1890 and uncirculated. Other $2 bills with the red seal range in worth from $300 to $2,500.
The average price for these proof coins is $11 to $20, but some are significantly pricey, depending on the condition.
That $2 bill you have might not be worth $2. Depending on how and when it was printed, some collectors are offering up to $4,500 for the unique bills, according to the U.S. Currency Auctions (USCA) website. The $2 bill isn't commonly used but it's also not rare.
Crisp $2 bills in red envelopes are a popular gift for Lunar New Year as a token of good luck. The rare nature of the bill has also made it an item collectors covet, but unless it was printed prior to the reintroduction in 1976, it's unlikely to be worth more than a couple bucks.
We're going to dive into that but, spoiler alert: A $2 bill is legal tender, and therefore, you should be able to use it at any establishment that accepts cash.
Value of $2 from 1975 to 2023
$2 in 1975 is equivalent in purchasing power to about $11.31 today, an increase of $9.31 over 48 years. The dollar had an average inflation rate of 3.67% per year between 1975 and today, producing a cumulative price increase of 465.29%.
A new $2 coin commemorating the end of the Vietnam War has skyrocketed in value and is now selling for up to $1,200 online. The Royal Australian Mint released two $2 coins earlier this month to commemorate 50 years since the end of Australia's involvement in the Vietnam War.
Most large-size $2 bills issued from 1862 through 1918, are highly collectible and are worth at least $100 in well-circulated condition. Uncirculated large-size notes are worth at least $500 and can go up to $10,000 or more.
A single $2 note (first prefix, numbered under 1000) is worth $3000. Also in demand are star notes. These are marked with a star, or asterisk to be correct, after the serial number. This indicates that the note was issued to replace one damaged in the production process.