Your $2 bill may be worth a lot more than you think

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There was a time when superstitious individuals thought the $2 money was cursed and “unlucky.”

However, the deuce won’t curse its bearer; rather, it might bring good fortune and a few thousand bucks.

To find out how much your $2 bill is worth, continue reading!

The $2 note has long been derided by many Americans as the unloved stepsibling of the $1 note. Some people even believe that $2 bills are no longer in use, are rare, or are no longer printed.

However, according to the Federal Reserve, there were only 1.6 billion crisp $2 notes in circulation in 2023—a negligible number when compared to 14.5 billion $1 or 11.2 billion $20 notes.

The banknote, which is widely undervalued, has acquired some traction in the last 20 years. In 2004, there were just 0.07 billion in circulation, which is a tiny portion of the $24.2 billion in currency that year.

According to the Bureau of Engraving and Printing (BEP), “$2 notes have been unpopular for most of their history, being viewed as unlucky or simply awkward to use in cash exchanges.”

According to the BEP, superstitious individuals frequently tore off the corners of notes in an attempt to break the curse, causing them to be “returned to the Treasury with corners torn off, making them mutilated currency and unfit for reissue.”

“He who sits in a game of chance with a two-dollar bill in his pocket is thought to be saddled with a jinx,” the New York Times wrote in a 1925 piece. They have been shunned because of their bad reputation.

The Two Dollar Bill, a 2015 documentary that examines “all aspects of the deuce, from its history to the many superstitions surrounding it,” even features the banknote as its main character.

The $2 bill is still undervalued and has at least two dollars in value, even though they are not very popular.

However, certain $2 notes can be worth thousands of dollars.

The past

The portrait of Alexander Hamilton, the U.S. Secretary of the Treasury’s founding father, appeared on the front of the first official $2 banknote in 1862.

A likeness of Thomas Jefferson, the third president of the United States, was added to the bill in 1869; this important image has remained the same ever since.

The back was altered to a vignette of the signing of the Declaration of Independence, the well-known document that Thomas Jefferson wrote, while the flipside had an image of Monticello, his Virginia mansion.

Making a fortune

Although Jefferson’s face is linked with the $2 note, the note has seen a number of alterations on the reverse in addition to some on the front, such as the addition of colors and adjustments to the photo’s positioning and size.

Furthermore, some of these bills can have far higher values than they indicate.

Examine the year and seal color to determine the value of your $2 bill. At U.S. Currency Auctions, crisp, uncirculated notes from 1862 to 1896 with red, brown, and blue seals can sell for roughly $5,000. Additionally, circulated notes from the same period can be worth up to $1,100 if your note is somewhat worn and tattered.

Depending on their condition, 1917–1928 paper notes with red or blue seals can range in value from $50 to $1000.

 

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