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The common misconception that the $2 note is no longer being produced also remains, [15] though $2 notes have been printed since 1862, except for a 10-year hiatus between 1966 and 1976. The U.S. Treasury reports that $1,549,052,714 worth of $2 bills were in circulation worldwide as of April 30, 2007.
U.S. Currency Auctions estimates that uncirculated $2 bills from 1890 could sell for up to $4,500, and uncirculated bills from nearly every year between 1862 and 1917 for at least $1,000. The ...
Bills with red, brown and blue seals from 1862 through 1917 can be worth up to $1,000 or more on the U.S. Currency Auctions website, which bases the value on recent and past paper currency auctions.
Certain $2 bills can fetch $4,500 and up on the collectibles market, ... An original uncirculated $2 bill from 1862 ranges in value from $500 to more than $2,800. You might get $3,800 or more for ...
The original large-sized Civil War issues were dated 1862 and 1863, and issued in denominations of $1, $2, $5, $10, $20, $50, $100, $500 and $1,000. [27] The United States Notes were dramatically redesigned for the Series of 1869, the so-called Rainbow Notes .
On February 25, 1862, Congress passed the first Legal Tender Act, which authorized the issuance of $150 million (~$3.57 billion in 2023) in United States Notes. [ 8 ] Since the reverse of the notes was printed with green ink, they were called "greenbacks" by the public and considered to be equivalent to the Demand Notes, which were already ...
The $2 and $5 were issued through 1966, and the $2 note was only available as a United States Note. In 1966 the $5 United States Note was discontinued and the $2 denomination was discontinued altogether. In 1966 a $100 US note was issued to meet legal requirements about the amount of notes in circulation. In 1971 the production of US notes was ...
How many $2 bills are even out there? In Fiscal Year 2022, about 108.35 million $2 bills were made, according to the BEP's own figures. They've been in continuous printing and circulation since ...
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