The Persistence of $2 Bills: Are They Still Being Printed and How Valuable Are Old Ones?

Have you ever tried to make a purchase with a $2 bill only to be met with confused looks? While they are less common in circulation compared to other denominations, $2 bills are still being printed by the Bureau of Engraving and Printing (BEP). In this article, we will explore the current status of $2 bills, their collectibility, and which years you should focus on when searching for valuable specimens.

Are $2 Bills Still Being Printed?

Yes, $2 bills are still being printed by the Bureau of Engraving and Printing, even though they are less common in circulation. While these bills are not as widely used as other denominations, they continue to be a part of the U.S. currency system. The last batch of $2 bills was printed in September 2019, indicating that the production is ongoing but at a much reduced rate.

Collectibility of Old $2 Bills

The value of old $2 bills can be significant, especially if they are in uncirculated condition or are rare varieties. Numerous factors can affect the value, including the year of issue, the condition of the bill, and any unique features such as errors or star notes.

Years to Look For

1890 and 1896: Known as the 'Series' $2 Bills

These early $2 bills, specifically from the 1890 and 1896 series, are rare and can be quite valuable. These bills feature distinctive designs and are considered desirable by collectors due to their historical significance.

1928 Series

The first series of $2 bills issued after a redesign includes certain variations that can be valuable. These notes often have unique serial numbers or denominations that make them attractive to collectors.

1953 and 1963 Series

Notes from these series can be worth more than face value, especially if they are in uncirculated condition. The 1953 and 1963 series introduced a redesigned $2 bill that is more challenging to find in pristine condition, making them potential collectibles.

1976 Bicentennial Notes

These special $2 bills were issued to commemorate the U.S. Bicentennial. While not all of these notes are valuable, those in good condition can have some significant collector's interest.

Star Notes

Star notes, indicated by a star next to the serial number, are often replacements for bills with printing errors. These notes can be more valuable than their non-star counterparts, especially if the error makes them unique or rare.

Conclusion

If you have old $2 bills, it is worth checking their condition and year of issue. For more precise valuations, you can consult a currency guide or a collector. Keep in mind that the majority of $2 bills in circulation, particularly those printed after the 1960s, are not worth more than their face value unless they are in excellent condition or belong to a rare series.

For those interested in collecting or investing in $2 bills, focusing on specific years and condition can significantly impact their value. With careful research and a keen eye, you may discover a rare gem among these oft-neglected denominations.