Some $2 bills are worth more than $20,000 — here are three ways to check (2024)

FAQs

How do you check how much your $2 bill is worth? ›

You can find the value of your $2 bill by visiting their U.S. currency price guide online at uscurrencyauctions.com. U.S. Currency Auctions estimates that uncirculated $2 bills from 1890 could sell for up to $4,500, and uncirculated bills from nearly every year between 1862 and 1917 for at least $1,000.

“A serial number '1' for a 1976 $2 bill would be worth $20,000 or more. But [for] a majority of those people holding 1976 $2 bills, they are only worth face value. There are very few that actually exceed face value.” Other high-value serial numbers include what collectors call “solid” or “ladders.”

If the $2 bill was minted and printed before 1976, it would likely be worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500.

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 from 1862 to 1899 could have an estimated value of over $1,000, the site says.

Look for the Federal Reserve Bank Seal and the Treasury Seal. The Federal Reserve Bank Seal is black and appears to the left of the portrait on the bill. It includes the name and the corresponding letter of the Federal Reserve bank that distributed the bill.

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.

A unique combination of eleven numbers and letters appears twice on the front of the note. Each note has a unique serial number. The first letter of the serial number corresponds to the series year. A “star” suffix is used to identify notes that serve as replacements during the production process.

According to U.S. Currency Auctions, uncirculated $2 bills with red or brown seals can fetch thousands. For example, an uncirculated 1890 series $2 bill with a brown seal can be worth at least $4,500. A circulated $2 bill with a red seal can sell for $2.25 to $2,500.

Today, the general public is still largely unfamiliar with the notes because they are not widely circulated and continue to be hoarded. The common misconception that the $2 note is no longer being produced also remains, though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976.

While it's not as widely used, the $2 bill is still legal tender and is in circulation if you keep an eye out. In fact, some folks even make a point to request $2 bills from banks and stores — they make cool rewards for kids.

How much is a $2 bill from 2017 worth? ›

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.

The serial number is the big one. It's printed on the left and right sides of the front of the bill, typically with a letter at the front. “What we look at is fancy serial numbers,” Johnston said. “A serial number '1' for a 1976 $2 bill would be worth $20,000 or more.

What is my $2 bill worth? To find the value of your $2 bill, look at the year and seal color. Bills with red, brown and blue seals from 1862 through 1917 can be worth up to $1,000 or more on the U.S. Currency Auctions website, which bases the value on recent and past paper currency auctions.

Unless it has a unique feature, like a low serial number or misprint, a newer $2 bill likely isn't worth much more than $2, even if it's uncirculated.

Serial numbers are eight-digit-long codes that are unique to each bill. They are accompanied by other identifying letters and numbers that tell us which series year the bill is from and where it was printed. They are found on the front of U.S. currency and are always printed twice.

Typically a 1953 red seal in this condition would be worth $5-10. However due to being a star note, I would value it around $15-25. You probably know this, but star notes were issued to replace bills that were damaged in production.

1963 and 1963A red print two dollar bills are very common. Despite the difference between the A and non-A, both notes are equally common and worth the same amount of money in all grades. You can buy a circulated 1963 red seal two dollar bill any day of the week for around $3.