Currencies

Some are worth thousands of dollars


Apparently, one of the most unpopular currencies in America — the $2 bill — is worth thousands of dollars. 

For some, the $2 bill can be recognized with one of the most well-known presidents, Thomas Jefferson, on the front of it during the array of redesigns, according to the U.S. Treasury’s Bureau of Engraving and Printing. 

That same bill could be cashed in for thousands depending on the type, printing year, seal color and average circulation, according to the U.S. Currency Auctions. One $2 bill from 2003 with a very low serial number recently sold at an auction for $2,400 and then resold for $4,000, ABC13 reported. 

The $2 bills with red and brown seals from 1890 could be worth nearly $2,500 each with a minimum of $550 if circulated, according to the U.S. Currency Auctions Price Guide. If those were uncirculated bills, a person could get $4,500 each. 

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The U.S. Department of Treasury seals are normally located on the right side of the bill showcasing a brown, blue, red or green stamp from the particular time frame. The current seal, green, was changed to incorporate an English inscription and appears on all Federal Reserve notes of the 1969 series year or later, according to the U.S. Currency Education Program

According to the price guide, the average uncirculated bill could be worth more than $4,500 depending on the seals and type. For bills that have been circulated, a $2 bill could be worth $2,500. 

Although the $2 bill is being auctioned for more than its actual price, the bill was not a popular United States currency. According to the Bureau of Engraving and Printing, the $2 bill was viewed as unlucky or simply awkward to use in cash exchanges and would often be returned to the Treasury with corners torn off, making them mutilated currency and unfit for reissue. 

The $2 bill was designed in 1862, initially showing the former Secretary of the Treasury Alexander Hamilton on the front and former President Jefferson’s Monticello home on the back. However, Jefferson soon was on the front of the bill, and in 1976, the back was changed to feature a portrayal of the presentation of the Declaration of Independence, according to the Bureau of Engraving and Printing. 

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The current $2 bill has identifiers to check if the currency is real including a serial number, Federal Reserve indicators, the position of the letter and number, face and back plate numbers, Treasury seal and series year. 

There are other bills such as the $1, $5, $10, $20 and more that can also be worth big money in an auction. 



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