Big Money: $2 bills from 1890 could be worth over $4,500
Asher Notheis
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Anyone with a $2 bill lying around under their couch cushion should check if it was printed in 1890 because it could be worth thousands of dollars today.
Two dollar bills were first printed in 1862 — bills from that year are worth up to $2,800. However, bills that were printed in 1890 can be worth far more, up to $4,500.
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The estimated price by U.S. Currency Auctions, a website that documents paper money resources, notes that the type and seal color on any $2 bill plays a role in determining the bill’s modern worth, according to Fox Business.
The two bill types that are worth up to $4,500 have different color seals. One has a brown seal, and the other has a red one.
Uncirculated $2 bills were all worth more than the average range of worth for circulated bills. The only bill that comes close to the 1890 bill’s modern value is a $2 bill from 1869, which has an uncirculated value of over $3,800.
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Circulated bills from 1890 were also worth the most out of all $2 bills, ranging in worth from $550 to $2,500. Circulated $2 bills from 1880 were the runner-up in their modern value, ranging from $600 to $2,200.
Two dollar bills were first printed in 1862. They held more value at the time because most United States residents were earning under $15. Over 100 years later, however, the Federal Reserve stopped printing $2 bills in 1966 due to a lack of use for them, according to CNB St. Louis Bank.