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Your $2 Bill May Be Worth Thousands

Though it’s still in circulation today, it’s quite rare you’ll see someone pull out a $2 bill to pay for something. However, if you’re one of the people still carrying around a $2 bill, you might want to hang on to it!

Certain uncirculated $2 are selling for upwards of $4,000 at U.S. Currency Auctions, as reported by USA Today. Someone in possession of an uncirculated $2 from 1890 could earn up to $4,500 for it and those who have uncirculated $2 bills from 1862-1917 could make at least $1,000 for theirs. Even $2 bills from 2003 have sold for $2,400 in recent years.

United States Mint in Philadelphia
Beyond My Ken, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

After a failed attempt by the U.S. Treasury to publicize the $2 in the early 20th century, the printing of the bill was temporarily halted for some time. Eventually, by 1976 they were reintroduced into circulation. However, they’re still not a common bill you see amongst transactions.

So just how rare are $2 bills? Well, as of 2022, there were 54.1 billion notes of currency in circulation. But of that, only 1.5 billion were $2. To further clarify, there were 18.5 billion $100 bills in circulation that same year.

Two Dollar Bill
AKS.9955, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

Yet, jut because you may have a $2 in your wallet, doesn’t guarantee you’ll be making thousands off of it. The value of a $2 bill depends on the time it was printed and whether it was uncirculated.

What does uncirculated mean? This would be defined as a bill that has never been used to pay for something. Therefore, it is in the exact same condition as it was right from print. Otherwise, sometimes unique serial numbers or misprints can make it worth more than its $2 value. That previously mentioned $2 bill from 2003 was eventually resold for $4,000 because of its low serial number.

Not sure if what you have fits those requirements or might have any additional rarities or quirks? It’s recommended you get a specialist’s opinion from a certified coin expert.

The post Your $2 Bill May Be Worth Thousands appeared first on Secret NYC.

* This article was originally published here