$2 Note (2024)

    $2 Note (1)
    $2 Note (2)
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    Raised Printing

    Move your finger along the note’s surface to feel the raised printing, which gives genuine Federal Reserve notes their distinctive texture.

    $2 Note (5)

    Paper

    Federal Reserve note paper is one-fourth linen and three-fourths cotton, and contains red and blue security fibers.

    • $2 Note (6)

      Federal Reserve Bank Seal

      A black seal to the left of the portrait bears the name and corresponding letter of the distributing Federal Reserve Bank.

    • $2 Note (7)

      Treasury Seal

      A green seal to the right of the portrait represents the U.S. Department of the Treasury. The design of the seal was changed to incorporate an English inscription and appears on all Federal Reserve notes of the 1969 series year or later.

    • $2 Note (8)

      Portrait and Vignette

      The $2 note features a portrait of Thomas Jefferson on the front of the note and a vignette depicting the signing of the Declaration of Independence on the back of the note.

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      Serial Numbers

      A combination of eleven numbers and letters appears twice on the front of the note.

    $2 Note (10)

    Raised Printing

    Move your finger along the note’s surface to feel the raised printing, which gives genuine Federal Reserve notes their distinctive texture.

    $2 Note (11)

    Paper

    Federal Reserve note paper is one-fourth linen and three-fourths cotton, and contains red and blue security fibers.

    $2 Note (12)

    The back of the $2 Federal Reserve note features an engraving of John Trumbull's painting, “Declaration of Independence.” Although the original painting depicts 47 men, space constraints meant that only 42 could appear on the note.

    $2 Note (13)

    Downloads

    History

    1775

    The First $2 Note

    The first $2 notes are Continentals and are over a year older than America. On May 10, 1775, the Continental Congress authorizes issuance of the first $2 denominations in “bills of credit” for the defense of American independence.

    1861

    Demand Notes

    In order to finance the Civil War, Congress authorizes the U.S. Department of the Treasury to issue non-interest-bearing Demand Notes. These notes earn the nickname “greenbacks” because of their color. All U.S. currency issued since 1861 remains valid and redeemable at full face value.

    1862

    United States Notes

    Congress authorizes a new class of currency, known as “United States notes,” or “Legal Tender notes.” These notes are characterized by a red seal and serial number. They continue to circulate until 1971.

    1862

    The Foundation of Modern Design

    By 1862, the Demand Notes incorporate fine-line engraving, intricate geometric lathe work patterns, a U.S. Department of the Treasury seal, and engraved signatures to aid in counterfeit deterrence. To this day, U.S. currency continues to add features to deter counterfeiting.

    1869

    Centralized Printing of United States Notes

    The Bureau of Engraving and Printing begins engraving and printing the faces and seals of U.S. banknotes. Before this, U.S. banknotes were produced by private banknote companies and then sent to the Bureau of Engraving and Printing for sealing, trimming, and cutting.

    1889

    Names Added to Portraits

    Legislation mandates that all banknotes and other securities containing portraits include the name of the individual below the portrait. This is why you see names below the portraits on banknotes to this day.

    1913

    Federal Reserve Act

    The Federal Reserve Act of 1913 establishes the Federal Reserve as the nation’s central bank and provides for a national banking system that is more responsive to the fluctuating financial needs of the country. The Federal Reserve Board issues new currency called Federal Reserve notes.

    1929

    Standardization of Design

    The appearance of U.S. banknotes changes greatly in 1929. In an effort to lower manufacturing costs, all Federal Reserve notes are made about 30 percent smaller—measuring 6.14 x 2.61 inches, rather than 7.375 x 3.125 inches. In addition, standardized designs are instituted for each denomination, decreasing the number of designs in circulation and making it easier for the public to distinguish between genuine and counterfeit notes.

    1971

    United States Notes Discontinued

    Because United States notes no longer served any function not already adequately met by Federal Reserve notes, their issuance was discontinued and, beginning in 1971, no new United States notes were placed into circulation.

    $2 Note Life Cycle

    Before a Federal Reserve note enters circulation, it must pass through four critical steps: design, order, production, and issuance.

    • 1.2

      Billion Notes

      2017 volume in circulation

    • $2.4

      Billion

      2017 value in circulation

    • $0

      Dollar

      2018 Annual print order

    Media

    $2 Note (2024)

    FAQs

    Is a $2 bill worth anything? ›

    Heritage Auctions, which is self-proclaimed as the world's largest collectables auctioneer, shows that a $2 bill from 1896 sold for over $6,000 in January of this year. While more recent $2 bills may not have as much value, some could still fetch a high price. A $2 bill from 2003 was sold for $4,000 in August 2022.

    Do $2 dollar notes exist? ›

    There's a common misconception that the $2 bill is no longer in circulation or has been discontinued by the U.S. government. While it's not as widely used, the $2 bill is still legal tender and is in circulation if you keep an eye out.

    Are 2 dollar notes worth anything? ›

    Some notes can be particularly valuable if they have the right serial numbers or if they're in mint condition. The rarest $2 notes can sell for up to $5,000 each. Within Australia, the RBA has estimated that approximately 12 million two dollar notes are still in circulation.

    How much is a $2 bank note worth? ›

    Most $2 bills in circulation are worth exactly that: $2.

    What $2 bill is worth $20,000? ›

    A serial number '1' for a 1976 $2 bill would be worth $20,000 or more. But [for] a majority of those people holding 1976 $2 bills, they are only worth face value. There are very few that actually exceed face value.” Other high-value serial numbers include what collectors call “solid” or “ladders.”

    Should I sell my $2 bill? ›

    A circulated $2 bill, even if it's from the 1800s, may only be worth a few hundred dollars, the auction service reports. Newer bills, like one printed in 2003, could also have significant value. A $2 bill recently sold at an auction for $2,400, according to Heritage Auction. (It later resold for $4,000.)

    How rare is a $2 dollar note? ›

    How Rare Are 2-Dollar Bills? Two-dollar bills are uncommon, but there are still a lot of them. Two-dollar bills are the rarest currently produced money in the United States, but according to the Federal Reserve, about 1.2 billion 2-dollar bills are in current circulation.

    Can I get a $500 bill from the bank? ›

    American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills.

    How much is a 1953 $2 bill worth? ›

    Typically a 1953 red seal in this condition would be worth $5-10. However due to being a star note, I would value it around $15-25. You probably know this, but star notes were issued to replace bills that were damaged in production. It is only a small percentage that are replaced.

    What $2 bill is worth $4,500? ›

    According to the USCA, if the bill was minted and printed before 1976, it could actually be worth its highest value – as much as $4,500 or more for uncirculated notes from 1890. Although most of those valuable bills range from $550 to $2,500, the values are the same, no matter the red or brown seal.

    Are $2 bills still printed? ›

    Today, the general public is still largely unfamiliar with the notes because they are not widely circulated and continue to be hoarded. The common misconception that the $2 note is no longer being produced also remains, though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976.

    Do banks hold $2 bills? ›

    Local banks should have $2 bills. If your bank does not have any current inventory, it can order $2 bills from the Federal Reserve Bank. Where can I purchase uncut sheet of currency? You can purchase uncut currency from the Bureau of Engraving and Printing (Off-site).

    What serial numbers are valuable on $2 bills? ›

    Examples of fancy serial numbers include sequences that have all the same number, such as all fives, all eights, or even patterns like 012345678 or 11112222, 12344321 etc. Collectors are willing to pay a premium for bills with these anomalies, but they must be in excellent condition to attract such interest.

    How much is a 1963 $2 bill worth? ›

    Despite the difference between the A and non-A, both notes are equally common and worth the same amount of money in all grades. You can buy a circulated 1963 red seal two dollar bill any day of the week for around $3. A star note from 1963 will cost you closer to $5 if it is in average condition.

    How much is a $2 dollar bill worth from 1976 today? ›

    The bills printed in the year 1976 to 2003 are only worth their face value, which is $2. However, banknotes with errors, unique serial numbers, and misprints are valued higher. The $2 bills can range from $2 to over $500.

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