What if we told you you could turn a mere $2 into thousands of dollars?
This isn’t a trick, but the reality is the $2 bill itself might in fact be worth a whopping amount of money.
As a matter of fact, the U.S. Currency Auctions (USCA) has reported that certain $2 bills could be worth $4,500 and up on the collectibles market.
“For most of their history, $2 notes have been unpopular, being viewed as unlucky or simply awkward to use in cash exchanges,” the Bureau of Engraving and Printing stated.
As it turns out, a $2 bill might be the ultimate lucky charm.
Some $2 bills might be worth a couple of thousands of dollars
The most valuable $2 notes were reportedly all printed during the 19th century; however, those that have been printed within the last 30 years could also be worth hundreds of dollars.
The $2 bill was first printed in 1862 and is still in circulation today and originally featured a portrait of Alexander Hamilton, as per Yahoo Finance.
However, the portrait of the founding father was swapped in 1869 with the portrait of Thomas Jefferson on the bill instead.
The newest edition of the $2 note was created in 1963, as per WFLA.
Had the $2 bill been printed before 1976, the note would’ve potentially been worth more than its face value on the collectibles market, Yahoo reported.
There have been cases where the little note has been valued at only $2.25; however, the highest value has been recorded to be an impressive $4,500 or more for uncirculated notes from 1890.
Certain $2 bills could be worth $4,500 and up on the collectibles market
A majority of those bills reportedly range in value from $550 to $2,500, regardless of the color of their seal, which comes in brown or red.
It has been reported that an original uncirculated $2 bill from 1862 ranges in value from $500 to more than $2,800.
Moreover, a person might receive $3,800 or more for a bill dating from 1869.
The USCA has recently listed a value of $500 on a particular type of uncirculated $2 bill from 1995.
Additionally, if a person is in possession of a $2 bill from the 2003 premium Federal Reserve set of 12, they might reportedly be eligible for a $700 reward.
The most valuable $2 notes were reportedly all printed during the 19th century
Despite the impressive worth of some of those bills, it would come as no surprise that most of the $2 notes in circulation are worth what their number indicates, $2.
The Treasury Department’s Bureau of Engraving and Printing (BEP) planned to print up to 204 million $2 bills in 2022, CNN reported.
New figures published by the Federal Reserve revealed that last year, the $2 bills in circulation amounted to $1.5 billion, a tiny amount of the $54.1 billion currency circulated over the year.
USA Today reported that the U.S. Treasury once wanted to popularize the bill in the early 20th century.
People were pleased to discover they had $2 bills
However, these plans fell short and the government was forced to stop issuing new $2 bills as a result.
The small notes were reintroduced in 1976, as the United States approached its bicentennial, the Department of Treasury said.