This $2 bill could be worth more than $3,000 (+Details)

Among the United States Federal Reserve notes, the $2 note stands out for being the least common and, therefore, the most coveted by collectors and numismatic enthusiasts.

Its history dates back to 1862, when they were first printed with the image of Alexander Hamilton, the country’s first Secretary of the Treasury.

However, in 1869, the face of Thomas Jefferson, the third president of the United States, was moved to the front of the bill, a position it retains to this day.

A banknote with history and value

Although there are around 1.2 billion $2 bills in circulation, their low frequency in daily transactions makes them coveted pieces.

In fact, its $2 face value may be considerably surpassed on the collector’s market.

According to data from the U.S. Currency Education Program, some coins can fetch exorbitant prices, such as:

• Before 1976: U$D 225
• 1890: U$D 500 or U$D 2,500, some even U$D 4,500
• 1862: U$D 500 a U$D 2.800
• 1869: U$D 3.800

Details

• Release yearOlder notes, such as those from 1862 and 1869, are usually more appreciated.
• Visible seal:The color of the stamp is a determining factor. The red and brown stamps, printed in 1890, are the rarest and can be worth up to $4,500. The more recent blue stamp is less valuable.
• Physical state of the banknote: The condition of the note also influences its price. A note in perfect condition will have a higher value than a damaged one.

A curious case

A red-sealed $2 note from 1890 fetched a surprising $4,500 due to a peculiarity: it entered circulation by mistake.

These types of errors are highly valued by collectors and can significantly increase the price of a banknote.

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The $2 bills represent a piece of American history. Their unique design and low circulation make them coveted items by collectors and numismatic enthusiasts.

They are undoubtedly a reminder of the value that goes beyond the material and enters the realm of history and culture.

With information from RPP News.

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