what is an american two dollar bill worth
United States two-dollar bill Despite their age, crisp, uncirculated series 1976 $2 bills are not uncommon and are not particularly valuable. These notes were saved and hoarded upon their original issue and are plentiful today. A typical single uncirculated 1976 $2 bill is worth only slightly above face value. If the note is circulated, then it is only worth its $2 face value.
United States two-dollar bill The denomination of two dollars was authorized under a congressional act, and first used in March 1862.[2] The denomination was continuously used until the 1960s; by this time the United States Note was the only remaining class of U.S. currency the two-dollar bill was assigned to. In 1966 it was decided to discontinue production of all United States Notes, which included the two-dollar bill.[3] The two-dollar denomination was not immediately reassigned to the Federal Reserve Note class of United States currency and was thus fully discontinued; the Treasury Department cited the two-dollar bill's low use and unpopularity as the reason for not immediately resuming use of the denomination. In 1976, production of the two-dollar denomination was resumed and the two-dollar bill was finally assigned as a Federal Reserve Note, with a new reverse design featuring John Trumbull's depiction of the drafting of the United States Declaration of Independence replacing the previous design of Monticello. It has remained a current denomination since then.[4] It was estimated that if the two-dollar bill replaced approximately half of the one-dollar bills in circulation, the federal government would be able to save about $26 million in 1976 dollars ($112Â million adjusted for inflation)[5] over the period from 1976 to 1981, due to reduced production, storage, and shipping costs.[6]