1890 $2 Bills May Be Worth More Than $4,500: Report

Historically, $2 bills were thought to be a sign of “bad luck.”

Americans might change their minds about that after learning how much these rare bills could be worth.

An approximate price list published by US Currency Auctions, a website dedicated to documenting paper money sources for collectors, suggests that $2 bills could be worth hundreds or even thousands of dollars.

Two-dollar bills that have been in circulation have a variable average value that ranges between $2 and $2,500, depending on the year those bills were released, according to US Currency Auctions.

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Uncirculated $2 bills, on the other hand, have a variable average value between $2 and $4,500, which also depends on the year of issue and other physical factors.

Older $2 bills are generally higher in value, but a bill’s bill type and seal color also play a role in each bill’s value, according to US Currency Auctions.

Account types for which US Currency Auctions have estimated values ​​at the time of publication include the United States Note, Silver Certificate, Treasury, National Bank Note (National Currency/FRBN), and Federal Reserve Note.

The paper money auction resource also organized $2 bill values ​​by stamp color, which can be red, brown and red, brown and blue, red and blue, brown, blue or green.

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According to US Currency Auctions, there are two uncirculated $2 bills valued at over $4,500.

Both are treasury bills from 1890. One has a brown seal, the other a red seal.

Some $2 bills are said to be worth hundreds or even thousands of dollars. (iStock/iStock)

Many $2 bills listed on eBay – a popular multinational auction website – are packaged in sets with prices ranging from as little as $7.50 all the way up to $10,000.

Current listings for $2 bills on GreatCollections Coin Auctions have bids not exceeding $100.

GreatCollections Coin Auctions is the official auctioneer of the American Numismatic Association, a non-profit organization that educates the public about coins, currency, medals, medals, and related objects.

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FOX Business recently reported that coin collectors place a high value on “double die” coins, a type of rare coin that should not be allowed into circulation if there is a detectable double stamp, but is accidentally released to the public.

Penetrating lights can be used to inspect and verify the authenticity of a $2 bill and other forms of paper money. (iStock/iStock)

Blake Alma, of Lebanon, Ohio, a coin collector and founder of the coin collecting blog CoinHub, told FOX Business that a coin’s rarity usually adds “an extra level of excitement and interest” to collectors.

“Many people are willing to pay top dollar for unique and rare pieces to add to their collections,” he said.

In 2021, the Federal Reserve System Board of Governors reported that approximately $2.8 billion worth of $2 bills were in circulation.

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Two dollar bills were once viewed as a negative coin; that’s because these accounts were commonly used for bribery, voter fraud, gambling and prostitution in the 1920s, according to a report published by CNB St. Louis Bank.

Two-dollar bills debuted decades before the Federal Reserve Bank. (iStock/iStock)

Superstitious believers eventually thought the denomination brought bad luck.

“The $2 bill was often thought to bring bad luck, since ‘deuce’ was a name for the devil,” wrote CNB St. Louis Bank.

“Recipients tore off a corner, believing it would negate the bad luck of the note. This caused many of the notes to be withdrawn from circulation as mutilated currency.”

The $2 bill debuted in 1862. It first featured a portrait of Founding Father Alexander Hamilton, the First Secretary of the Treasury, according to the U.S. Bureau of Engraving and Printing.

John Adams, Robert Morris, Alexander Hamilton and Thomas Jefferson, leaders of the 1775 Continental Congress, sign the Declaration of Independence in this 1894 drawing illustrated by Augustus Tholey. (APIC/Getty Images/Getty Images)

Hamilton’s portrait was replaced by that of Thomas Jefferson, the third US president, with the Series 1869 United States Notes.

He remains the face of the $2.

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The Bureau of Engraving and Printing says there are no plans to redesign the $2 bill.