Michelle Knows Antiques is a great way to find the value of your antiques. Submit your antique for appraisal on our easy to use form. Here is a recent appraisal from Michelle’s column in Discover Vintage America:
Q: What is the value of a 1963 series red seal two-dollar bill? I heard that the same bill with the serial number A06351047A is worth $5,000 USD. Is my $2 bill worth that much?
A: I get asked this question time and time again so it must have some general interest.
- The serial number of paper money does not impact value unless that number is 1
- I can find no record of a $2 bill selling anywhere near this price point
- Star notes carry more value than regular serial number bills, but not much more in most instances.
- It is often referred to as “rare” but this is due to the small number of bills printed when compared to other denominations of paper money.
The $2 bill was first commissioned in 1862 it was discontinued from 1966 to 1976 when use of the two-dollar bill was resumed as part of the United States bicentennial celebration. The two-dollar bill is still being printed.
The value of an uncirculated $2 bill is around $5 and circulated bills are worth only face value. The “star series” do have a bit more value with uncirculated bills selling for $10-$15 and circulated bills for $5.
Fun Fact – Steve Wozniak, co-founder of Apple Computing, buys two-dollar bills by the sheet from the Treasury Department. He then has them bound into book format and the bills act as “tear off” pages.
I promise to let you know if I ever find reliable information on the $5,000 $2 bill.