Do you have a $2 bill lying around—maybe forgotten in an old wallet or tucked in a drawer? If so, you could be holding a small treasure without realizing it.
Though $2 bills aren’t as commonly used as other denominations, they have a rich history and can be quite valuable to collectors.
The $2 bill first appeared in 1862, during the Civil War, as a way to reduce the need for coins. The earliest bills featured Alexander Hamilton, the first Secretary of the Treasury, but over the years, the design has changed, showcasing different historical figures and notable landmarks.
The worth of $2 bills has shifted throughout history. In the early 1900s, they often circulated for less than their face value due to low demand. Collector interest in the 1920s and 1930s increased their value, though by the 1950s, many were once again only worth their face value.
Today, the value of a $2 bill depends on its age, condition, and rarity. Some bills, especially from particular years or with unique serial numbers, can be worth hundreds or even thousands of dollars. For instance, a 1953 red seal $2 bill with a star in its serial number could be valued at up to $500.
