This is topic Are $2.00 bills worth more than their face value? in forum Film-Yak at Film-Tech Forum ARCHIVE.
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Posted by Claude S. Ayakawa (Member # 1401) on 03-24-2003, 08:14 PM:
I was going through some old papers in my office today and came across an envelope containing seven crispy $2.00 bills with a portrait of Thomas Jefferson. They were all minted in 1976. Does anyone know if they are worth more than their face value?
-Claude
Posted by Michael Gonzalez (Member # 593) on 03-24-2003, 09:46 PM:
Nah. Just two dollars. We get these from time to time at the theater. I don't so much collect them but I tend to buy them as they come in. I like to give them out as tips when I am in a restruant or a bar. I am suprise the number of people that haven't seen them before.
Posted by Paul G. Thompson (Member # 655) on 03-24-2003, 09:49 PM:
I see on sell.com's website the $2.00 with Jefferson on the front and Declaration of Independence on the back, but it does not say what year they were printed, but it did say "new condition." The price was $12.00 per item (negotiable)
So, maybe they are worth something. Save them.
Posted by Michael Gonzalez (Member # 593) on 03-24-2003, 10:19 PM:
I don't know if that is a good indication or not. I am sure that you have seen some of the scams that unscrupulous people try to get away with selling on E-bay because other people are ignorant as to it's true value (anyone remember PICTURES of Playstation 2 selling for $100.00 two christmases ago because bidders did not read the auction carefully and relise what they were really bidding for). Unless someone can point to some kind of collectors website that says differently, I am stil convenced that they are only worth their face value.
Posted by Mike Blakesley (Member # 26) on 03-24-2003, 10:23 PM:
If they're worth 12 bucks, I'm heading over to ebay right now to put mine up! I have about $100 worth of $2 bills at home.
We give 50 cent coins as change in the boxoffice. You wouldn't believe the people who just LOVE to get them. "I haven't seen one of these in years!"
I don't tell'em that we buy them by the bag-full at the bank every week.
Posted by John Hawkinson (Member # 1135) on 03-24-2003, 11:18 PM:
I "deal" in $2 bills as one of my wacko side hobbies (I'll sell them to you for $1.99 for quantities less than 100
). $2 bills aren't worth any more than two dollars in the general case, but like all bills, if you go back far enough, they can be worth something.
In 1976, the $2 reverse changed to a Bicentenial version, and the $2 is still that way today. Most of the $2s you see are 1995 Fort Worth -printed $2s (Mary Ellen Withrow/Robert E. Rubin), but there are a fair bit of 1976 twos in circulation. I'd say for a given strap (100-count) of used $2s, I see 60% 1995 and 40% 1976. But usually I just get fresh clean 1995 $2s.
Anyhow, 1976 $2s aren't worth anything more than $2.
If you want to find the value of an older bill, pick up a copy of Bank Note Reporter and turn to the "price guide" section. It'll tell you what all US paper money is worth, approximately.
--jhawk
Posted by Phil Hill (Member # 371) on 03-24-2003, 11:28 PM:
The people here and their vast variety of knowledge, talents, interests, and hobbies never ceases to amaze me!
>>> Phil
Posted by Paul G. Thompson (Member # 655) on 03-24-2003, 11:59 PM:
What can I say? Personally, I would settle for $1.95 for a $2.00 bill. I hate those things! Nobody wants them!
But I still say, keep them if you have them. Heck, they are "already paid for" and maybe someday when Uncle Sam finally realizes nobody wants them and discontinues printing of them, they may be worth something.
Remember the Edsel by the Ford Motor Company?
Posted by Steve Guttag (Member # 268) on 03-25-2003, 12:07 AM:
I actually like the $2 bill...a very logical denomination and would much prefer it's adoption over the stupid small $1 coins or the elimination of the penny.
Steve
Posted by Michael Coate (Member # 757) on 03-25-2003, 12:30 AM:
Ah, but do you have any Susan B. Anthony dollars???
quote:
I came across an envelope containing seven crispy $2.00 bills. Does anyone know if they are worth more than their face value?
quote:
Nah. Just two dollars
You mean $14...he has seven of 'em.
Posted by Bobby Henderson (Member # 840) on 03-25-2003, 12:51 AM:
I have a couple $2 bills in my wallet just to kind of keep as good luck or some superstitious baloney like that. If I find a good "liar's poker" dollar, I'll keep that as well.
Susan B. Anthony dollars are okay. I have a few of those I collected via change at the post office. That's also the only way how I have come across those gold colored Sakajewa (or whatever the hell her name is) dollars.
All the new dollar coins are too small. I like the old Eisenhower dollars coins. I used to have a couple of those, including the Bicentenial version. If you flipped that one onto a counter, the cashier knew for damned sure that you just banged a dollar out there!
Maybe they need to bring back the Liberty dollar coin.
Posted by Nicholas Roznovsky (Member # 861) on 03-25-2003, 12:54 AM:
Someone once bought a car from my father and paid him $3000 entirely in $2 bills, Susan B. Anthonys, and Eisenhower dollar coins. My dad deposited it all at the bank, much to the annoyance of the tellers.
At least you know your $2s won't go down in value. All U.S. money is worth it's face value for perpetuity, even bills printed by the individual states before the Civil War (if you can find someone who will take it!).
Posted by Phil Hill (Member # 371) on 03-25-2003, 12:54 AM:
I think we should go digital (binary). 1, 2, 4, 8, 16, etc bills and coins.
>>> Phil
Posted by Mitchell Dvoskin (Member # 751) on 03-25-2003, 08:05 AM:
$2 bills are still available from the treasury. Your bank can order them, but only in large quantities.
/Mitchell
Posted by Gordon Bachlund (Member # 124) on 03-25-2003, 08:19 AM:
I recall getting $2 bills at racetracks years ago. Perhaps the denomination begat the $2 bet or vice versa....
Posted by Kris Brunton (Member # 432) on 03-25-2003, 08:32 AM:
I tend to collect money new and old from my travels.
I used to live in a border town so I have a US $2 dollar bill.
I have never looked into how much it would be worth but I figured the longer I keep it the better chance it would be worth something.
Posted by Bob Maar (Member # 763) on 03-25-2003, 09:52 AM:
I use two dollar bills on a regular basis. I also use the Susan B. Anthony dollars which are more like quarters, and the Sachajuawa (sp) bronze colored dollars. Most people are thrilled when they get the two dollar bill...the younger people usually call over a manager to see if it's ok to accept them..
I like the Canadian money.
Can you imagine what would happen if the United States changed the color of their money? Then gave you six months to turn in all of the old money.All hell would break loose.
Posted by Barry Floyd (Member # 385) on 03-25-2003, 10:20 AM:
The U.S. 2 dollar bill is quite a novelty item, since you don't find that many in circulation on a regualr basis. Here's the exception:
My wife and I went to a drive-in theatre in Florida during the week of the U.D.I.T.O.A. (United Drive-In Theatre Owners Association) conference and were given change at the concession stand with.... 2 dollar bills.
The manager tells us he goes to the bank and orders as many as he can get. He said, "I was eating breakfast Saturday morning at a restuarant, and a guy at the next table is "showing off this 2 dollar bill he picked up last night at the drive-in", to which the other people at the table responded, "where is a drive-in around here?"
The 2 dollar bill did two things for the manager:
1.) It made the customer who recieved it remember where he got it.
2.) everyone at that table now knows there is a drive-in theatre within driving distance from there home.
When we open our theatre this summer, - rest assured there will be plenty of 2 dollar bills in the cash registers.
Posted by Paul G. Thompson (Member # 655) on 03-25-2003, 01:37 PM:
Washington State Ferries handed them out for change like there was no tomorrow.
Posted by Evans A Criswell (Member # 381) on 03-25-2003, 03:49 PM:
Every time I go to the bank, I ask if they have any $2 bills. I got 10 today at lunch, which I plan to give as tips to waitrers/waitresses who give good service when I dine alone. I've found that if I leave tips in unusal forms when I eat out at places frequently, I the people that work there remember me and I get better service overall.
Posted by Claude S. Ayakawa (Member # 1401) on 03-25-2003, 04:34 PM:
Thank you very much for the input, everyone!
Gee, I now have an extra $14.00 to spend. Since I also eat out alone a lot where there are a lot of good looking women, Evans idea of using the bills for tip is an excellent idea.
-Claude
Posted by Mike Blakesley (Member # 26) on 03-25-2003, 06:57 PM:
Bob wrote: quote:
Can you imagine what would happen if the United States changed the color of their money?
It's going to happen. Not sure when, but it's in the works. (My wife's a banker, she told me about it.)
Posted by Jacob Huber (Member # 1138) on 03-25-2003, 10:57 PM:
While on the subject, and without starting a new thread, how many of you see silver certificates or notes (as opposed to reserve notes) out there? Would these be worth any more than face value?
Posted by Claude S. Ayakawa (Member # 1401) on 03-26-2003, 01:05 AM:
Jacob,
I believe silver certificate notes are worth much more than face value because the government rounded up as much as they could and had them destroyed when they changed the paper currency
to federal reserve notes.
By the way, when Hawaii was still an American territory during World War II, all of the United States currency in circulation in the islands were over printed in large black letters-HAWAII on the back sides of the bills. This was done to prevent the Japanese from getting hold of all of the American currency in the islands in case of a successful invasion and occupation. If this were to happen, all over printed Hawaiian currency would immediately become worthless in the world monitary market. Today, these bill are very rare and worth a lot of money. The dollar bills are not as valuable as the higher denomination because they were more common. I used to see these bills a lot when I was a kid and wished my parents stashed as much of them away instead of spending them.
-Claude
Posted by Tom Doyle (Member # 1474) on 03-28-2003, 12:02 PM:
If you are going to spend any $2 bills, you might be interested in this. Snopes.com is a website devoted to examining the truth about urban legends. There are plenty of articles to read, but here's a link to a page with a funny internet story about a man trying to buy food with a $2 bill:
http://www.snopes.com/humor/business/tacobell.htm
They can't verify if the story is for real. However, after the story they have a link to a page of e-mails sent in by readers about their own adventures in spending 'funny' money.
So, good luck with those bills!
Posted by John Hawkinson (Member # 1135) on 04-04-2003, 01:36 AM:
Just to inject some facts, I bumped into the June 2002 issue of Bank Note Reporter recently, so here are some data on the value of $2 bills. Paper money collector value is strongly dependant on condition, and generally you're quoted numbers for "Fine", "XF" (Extremely Fine), and "CU" (Crisp Uncirculated). For whatever reason, there's no Fine listed for these $2s, but I assume the older ones are worth more than their face value.
For non-star notes through series 1953A (note these are all United States Notes not Federal Reserve Notes):
[CODE]
Series Signatures XF CU
1928 Tate-Mellon $25 $40
1928A Woods-Mellon $100 $250
1928B Woods-Mills $250 $1000
1928C Julian-Morgenthau $25 $75
1928D Julian-Morgenthau $15 $40
1928E Julian-Vinson $30 $70
1928F Julan-Snyder $18 $35
1928G Clark-Snyder $15 $25
1953 Prist-Humphrey $7 $10
1953A Priest-Anderson $5 $10
...
[/CODE]
For star-notes, I won't bother to type them in, but they range from $50 (CU) for the 1953A to $15,000 for the 1928B.
--jhawk
Posted by Bruce McGee (Member # 131) on 04-04-2003, 03:19 AM:
I've got 5-$2 bills from 1976 gotten at the bank on the day of issue with sequential serial numbers.
I never see them used as change.
Maybe, one day, though.
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