Popular culture says that owning $2 bills brings good luck, and if you have an old one in good condition, nothing could be closer to the truth. Learn what characteristics the note must have so that you can sell it for thousands of dollars on the large numismatic market in the United States.
However, you should be aware that most $2 bills in circulation are worth just that: $2. There are details that collectors take into account and are willing to pay large sums of money.
What do $2 bills usually look like?
In American popular culture, the $2 bill is often considered a good luck charm and is said to attract wealth. Currently, there is a portrait of Thomas Jefferson, the country’s former president, on the front.
On the back is a reproduction of the painting “The Declaration of Independence” by John Trumbull. This design was introduced in 1929, making it the oldest of all legal tender bills in the United States.
How many $2 bills are in circulation?
The Federal Reserve said there were around 2.8 billion of these $2 bills in circulation as of 2021.
DETAILS TO CONSIDER TO GIVE THE $2 BILL A HIGHER VALUE
You should know that almost all $2 bills that are truly valuable were printed in the 19th century, although there are some that were printed in the last 30 years and can also reach high value.
$2 bills were first printed in 1862 and are still in circulation today.
At first they had the portrait of Alexander Hamilton, but later it was changed to that of Thomas Jefferson in 1869. The most recent design of the $2 bill dates back to 1963, explains DiarioNY.
Collectors take certain details into account when pricing a bill. Here are some:
- Publishing year
- The visible seal
- The color type
- Physical condition of the ticket.
THE VALUE OF A TWO DOLLAR BILL BY THE YEAR OF PRINTING
To get an idea of how much the invoice may be worth, you should look at the date it was printed. Check out this reference:
- Pre-1976: Probably worth a little over $2. For example, some of them sell for $2.25.
- 1890: could be worth between $500 and $2,500. Some could reach $4,500, it all depends on their condition.
- 1862: The first copies printed this year can be valued at anywhere from $500 to over $2,800.
- 1869: This year the portrait of Alexander Hamilton was changed to that of Thomas Jefferson. Its value reaches $3,800, there are even some that are worth more.