A 1928 series $2 red seal note is typically worth $5–$175 for circulated condition and over $1,000 for crisp, uncirculated, or rare star versions. Value depends heavily on the specific sub-series (A-G) and condition. Extremely rare 1928-B star notes can be valued as high as $20,000.
Uncirculated bills are far more valuable (and rare, especially the older they are) than circulated ones. For example, an uncirculated 1928 red seal $2 bill could be worth over $1,000, while a circulated version may only be worth $5 to $175.
Most $2 bills are exactly worth $2, but some can be worth a small fortune. Look at the year and seals: according to U.S. Currency Auctions, bills with red, brown or blue seals from 1862-1918 can fetch $1,000 or more. An uncirculated 1890 note? Up to $4,500.
In 1928, the Treasury issued six different silver certificates. The 1928, 1928A, and 1928B versions are common. The 1928C, 1928D, and 1928E versions are rare, with notes in "very good condition 8" fetching up to $3,000.
1928 Red Seal $2 Dollar Bill Complete Guide - How Much Is It Worth And Why?
Are Red Seal $2 bills rare?
The most valuable $2 bills are Treasury Notes that were printed in 1890 with a red or brown seal, as these could be worth between $550 to $2500 and up to $4,500 or more if the bills are uncirculated. Here are other $2 bills that are considered valuable, according to U.S. Currency Auctions.
Most $2 bills are worth only their face value, but some can be worth much more if they are old, in excellent condition, have printing errors, are uncirculated or feature a rare serial number.
The 1928 $2 Legal Tender notes available in this offer are the first small-sized $2 paper currency notes in U.S. history. Each bears the now-rarely seen $2 denomination, the portrait of President Thomas Jefferson and an attractive red seal and serial number.
To find the value of your $2 bill, look at the year and seal color. 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.
A single $1 bill isn't worth $150,000, but a matched pair of rare, misprinted 2013 Series $1 bills, featuring the same serial number from two different printing facilities, can be valued between $20,000 and $150,000 by collectors, with the highest values for graded pairs in top condition. To find one, look for "Series 2013," a "B" Federal Reserve Seal, and a serial number ending in a star () within specific ranges (B00000001-B00250000* or B03200001*-B09600000*).
If you have any $2 bills worth money, you can sell them at most auctions or shops that buy and sell coin collections. Just make sure that you check and see if bills are accepted there. Coin shops or dealers online and in person can buy your bills, though it helps to reach out and see first.
$2 in 1928 is equivalent in purchasing power to about $37.91 today, an increase of $35.91 over 98 years. The dollar had an average inflation rate of 3.05% per year between 1928 and today, producing a cumulative price increase of 1,795.45%.
“A serial number '1′ for a 1976 $2 bill would be worth $20,000 or more,” Dustin Johnston, vice president of Heritage Auctions, told MarketWatch. Other high-value serial numbers include so-called “ladder” or “solid” numbers. Solid serial numbers are codes that have the same digit, such as 88888888888.
Federal Reserve District Seal – The letter located to the left of George Washington's portrait tells us which Federal Reserve Bank issued that bill: A = Boston, B = New York City, C = Philadelphia, D = Cleveland, E = Richmond, F = Atlanta, G = Chicago, H = St.
The 1933 double eagle is a United States 20-dollar gold coin. Although 445,500 specimens of this Saint-Gaudens double eagle were minted in 1933 in the midst of the Great Depression, none were officially circulated; further, all but two were ordered to be melted down.
However, because they were never as popular as $1 bills or $5 bills, they're printed in much smaller numbers and circulated less often, leading many people to believe they're valuable to keep. In fact, the best way to make use of any $2 bills you have lying around is to spend them!
The rarest combination has the signatures “Rosecrans” and “Huston,” with a large brown seal and blue serial numbers. How much is it worth? An 1880 $2 bill with a brown seal and a blue serial number can be worth $600–$2,200 if it's circulated and $3,500 or more uncirculated.
Still, for some, the $2 bill is a symbol of luck or tradition. “My mom always keeps a spare $2 bill in her wallet for good luck, and she says she'll never use it,” said Olivia Kim in an interview with The Science Survey. So next time you go to the bank, try asking for a $2 bill.
A single $1 bill isn't worth $150,000, but a matched pair of rare, misprinted 2013 Series $1 bills, featuring the same serial number from two different printing facilities, can be valued between $20,000 and $150,000 by collectors, with the highest values for graded pairs in top condition. To find one, look for "Series 2013," a "B" Federal Reserve Seal, and a serial number ending in a star () within specific ranges (B00000001-B00250000* or B03200001*-B09600000*).
The United States issued red seal two-dollar Legal Tender Notes between 1928 and 1966 (Series 1965). The front of the bill features a portrait of Thomas Jefferson by Charles Bert. The back of the note features Thomas Jefferson's home, Monticello, engraved by Joachim C. Benzing.
How many $2 bills are in circulation, and how many more to come? As of 2023, there were already roughly 1.6 billion $2 bills in circulation. For comparison, there were about 2.4 billion $10 bills and 2.5 billion $50 bills in circulation.
