Two dollar bill

1963-2-dollar-billMichelle 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.

  1. The serial number of paper money does not impact value unless that number is 1
  2. I can find no record of a $2 bill selling anywhere near this price point
  3. Star notes carry more value than regular serial number bills, but not much more in most instances.
  4. 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.

Written by Michelle Staley

Michelle Staley has over 35 years of experience as an antique collector, picker and dealer. She has done hundreds of insurance and IRS appraisals in addition to just satisfying another collector or dealer’s curiosity concerning what an item is, does or its worth. Other experience includes her work as a forensics consultant and in archeological identification and dating.

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