Current:Home > StocksHave a $2 bill hanging around? It could be worth thousands of dollars -MoneyTrend
Have a $2 bill hanging around? It could be worth thousands of dollars
View
Date:2025-04-13 13:34:39
Everyone is familiar with dollars, fives, 10s and 20s. But $2 bills are still out there, and they could be worth a lot of money.
An auction site called U.S. Currency Auctions estimates that uncirculated $2 bills from 1890 could sell for at least $4,500. Uncirculated $2 bills from nearly every year between 1862 and 1899 could have an estimated value of over $1,000, according to the site. The price guide offers only estimates and warns that collectors offer rates based on location and printing method.
How much is a $2 bill worth?
Heritage Auctions, which claims to be the world's largest collectibles auctioneer, shows that a $2 bill from 1896 sold for over $6,000 in January.
While more recent $2 bills may not have as much value, some could still fetch at a high price. A $2 bill from 2003 was sold for $4,000 in August 2022. That particular bill had a low serial number for the 2003 series.
Is the $2 bill rare?
In 2022, the Federal Reserve reported that there were 1.5 billion $2 bills in circulation, which was only a small fraction of the total volume of $54.1 billion in currency in the United States. Comparatively, there were 2.3 billion $10 bills, 3.5 billion $5 bills and 11.5 billion $20 bills in circulation in 2022.
History of $2 bill
The $2 bill features the face of Thomas Jefferson, while the back shows an engraving of John Trumbull's painting, “Declaration of Independence,” which depicts the signing of the famous document.
The first $2 bill was issued by the federal government in 1862 and originally portrayed Alexander Hamilton.
The government at one point stopped issuing $2 bills, following the U.S. Treasury's failed attempt to popularize the bill in the early 20th century. The bill was reintroduced in 1976 and remains in circulation today.
The $2 bill can hold a different, non-monetary value to people. Some may view the dollar view with a negative connotation, as it has a history of association with illegal activities such as bribery, while other believe the bill to be good luck.
veryGood! (2861)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- What's Making Us Happy: A guide to your weekend viewing, listening and reading
- Ghana's parliament passes strict new anti-LGBTQ legislation to extend sentences and expand scope
- 2024 NFL scouting combine Saturday: Watch quarterbacks, running backs, wide receivers
- Tom Holland's New Venture Revealed
- Monarch butterflies are not considered endangered. But a new study shows they are dwindling.
- Warby Parker offering free solar eclipse glasses ahead of 'celestial spectacle': How to get them
- Gwyneth Paltrow and Chris Martin's Son Moses Looks So Grown Up in Rare Photo
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Ultra-processed foods may raise risk of diabetes, heart disease — even early death: study
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Kacey Musgraves announces world tour in support of new album 'Deeper Well,' new song
- Singapore to Build World’s Largest Facility that Sucks Carbon From the Sea
- As 40,000 points nears, see how LeBron James' stats dwarf others on NBA all-time scoring list
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Kate Spade Outlet Slides into Spring with Chic Floral Crossbodies Starting at $49, Plus an Extra 25% off
- Why Victoria Beckham Is Stepping Out at Paris Fashion Week With Crutches
- Iris Apfel, fashion icon known for her eye-catching style, dies at 102
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Menendez brothers await a decision they hope will free them
What is Super Tuesday? Why it matters and what to watch
Q&A: Former EPA Administrator Gina McCarthy on New Air Pollution Regulations—and Women’s Roles in Bringing Them About
This was the average Social Security benefit in 2004, and here's what it is now
Inter Miami vs. Orlando City updates: How to watch Messi, what to know about today's game
Free People’s Warm Weather Staples Are Up To 66% Off - Plus Get Free Shipping & Deals Starting At $30
Clippers guard Russell Westbrook breaks left hand in first half against Wizards