If you have a $2 bill stashed away, you may be in possession of a small fortune without even knowing it. According to MarketWatch, certain $2 bills can be worth up to $20,000, depending on various factors such as their serial numbers, age, and condition. For instance, bills with a serial number ‘1’ from 1976 can fetch $20,000 or more. Antique $2 bills printed before the 1920s, along with those over 100 years old, often have considerably higher values than their face value.
Age is central to a bill’s value, as bills printed before the 1920s that are over 100 years old are often worth much more than face value. Additionally, the rarity of a bill is affected by its year of printing and the number of banknotes printed and in circulation. Bill condition is another key factor, and selling a well-preserved, encapsulated bill would yield a significantly higher return compared to a crumpled one. Beyond $2 bills, the value of any coin or note is determined by rarity, condition, and market demand, which can fluctuate retail, wholesale, purchase, and catalog values according to MarketWatch.