Current:Home > MarketsIs your $2 bill worth $2,400 or more? Probably not, but here are some things to check. -CapitalSource
Is your $2 bill worth $2,400 or more? Probably not, but here are some things to check.
View
Date:2025-04-16 11:50:37
When a $2 bill printed in 2003 sold at an auction for $2,400, it prompted a viral interest in the value of these relatively uncommon notes. But, the numismatic auction house that sold it is asking people to hold their horses.
Not every $2 bill is likely to have a higher value, Heritage Auction, the largest numismatic auction house in the world told KENS5.
Ever since that lucky 2003 note resold for $4,000, Raiden Honaker, the consignment director at Heritage Auction told KENS5 the phones haven't stopped ringing.
"It blew up across the country," Honaker told the outlet. "It was cool to see the interest in numismatics. People started digging out those $2 bills to see if they hit the jackpot."
But while, possessing a $2 note could yield you a huge profit, not all notes are worth more than face value.
$2 bills:Do you have a $2 bill lying around? It could be worth nearly $5,000 depending on these factors
Uncommon but not rare
Out of the $54.1 billion currency that circulated in 2022, only $3 billion were $2 notes. The note is considered uncommon but not rare.
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.
'Vintage' iPhone:A first-generation iPhone sold for $190K at an auction this week. Here's why.
Which $2 bills are worth money
"Out of all the $2 notes that are issued, probably 99% of them are worth face value," Honaker told KEN5. "Over the past five years, more than 100 million two-dollar notes have been printed. So, beyond common."
The value of these bills depends on several factors including:
- Serial number: Honaker told KEN5 that collectors like notes with low serial numbers.
- Error: Notes with a dramatic error could be worth more.
- Condition: The more pristine the condition, the higher the value.
- Seal: A note with a red seal can sell for $300 to $2,500, while those with brown or blue seals may fetch hundreds.
veryGood! (8586)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Édgar Barrera, Karol G, Shakira, and more lead Latin Grammy nominations
- What is 'modern monogamy'? Why it's a fit for some couples.
- Iran’s president denies sending drones and other weapons to Russia and decries US meddling
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Taylor Swift and Barbie’s Greta Gerwig Have a Fantastic Night Out With Zoë Kravitz and Laura Dern
- Oprah chooses Wellness: A novel by Nathan Hill as new book club pick
- Syria’s Assad to head to China as Beijing boosts its reach in the Middle East
- $73.5M beach replenishment project starts in January at Jersey Shore
- Which carmaker offers the most dependable luxury SUV? See if your choice is on the list
Ranking
- New data highlights 'achievement gap' for students in the US
- Iran’s president denies sending drones and other weapons to Russia and decries US meddling
- Police: Thousands of minks released after holes cut in Pennsylvania fur farm fence
- A Kenyan military helicopter has crashed near Somalia, and sources say all 8 on board have died
- Meet first time Grammy nominee Charley Crockett
- UAW's Shawn Fain threatens more closures at Ford, GM, Stellantis plants by noon Friday
- 'We're going to wreck their economy:' UAW president Shawn Fain has a plan. Will it work?
- What Alabama Barker Thinks of Internet Trolls and Influencer Shamers
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Marilyn Manson sentenced to 20 hours community service, fined for blowing nose on videographer
Canada is investigating whether India is linked to the slaying of a Sikh activist
NFL injuries Week 3: Joe Burrow, Saquon Barkley and Anthony Richardson among ailing stars
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Colorado State DB receives death threats for hit on Colorado's Travis Hunter
Melinda French Gates calls maternal deaths in childbirth needless, urges action to save moms, babies
Almost 50 children from occupied Ukrainian regions arrive in Belarus, sparking outrage