The $2 Bill That Sold for Over $7 Million
Some rare pieces of money can be worth way more than what’s printed on them. One surprising example is a $2 bill found in a retirement card that later sold at auction for over $7 million. Here’s a look at why certain $2 bills can be so valuable and what made this one so special.
A Quick Look at the History of the $2 Bill
The $2 bill has been around since 1862. The front shows Thomas Jefferson, and the back features a scene from the signing of the Declaration of Independence. Even though these bills are still being printed, they’re not used very often and are considered unusual by many.
Key Facts:
- First printed: 1862
- Front: Thomas Jefferson
- Back: Declaration of Independence (painting by John Trumbull)
- Still made today: Yes, since the 1976 series
The $7 Million Discovery
The $2 bill that made headlines was from 1928 and had a red seal. It had been sitting untouched for years, staying in perfect condition. Because of its age, rarity, and excellent shape, it became incredibly valuable.
What Made This Bill Worth Millions?
Several things helped push its value into the millions:
- 1928 Series: One of the first small-size $2 bills
- Perfect Condition: The bill had never been used or handled
- Unique Serial Number: Special numbers can increase a bill’s value
- Historic Importance: Collectors value early versions more highly
Auction Details: From Greeting Card to Goldmine
Once experts saw the bill, they knew it could sell for a huge amount. It went to a top auction house and attracted strong interest from collectors.
| Auction Info | Details |
|---|---|
| Starting Price | $500,000 |
| Final Sale Price | $7.2 million |
| Number of Bidders | 12 |
| Auction Length | 7 days |
The intense bidding showed just how much collectors are willing to pay for something rare and historic.
How Other $2 Bills Compare in Value
Not all $2 bills are worth a fortune, but some older or rare ones can still be valuable. Here’s a quick comparison:
| Year | Seal | Condition | Estimated Value | Notes |
|---|---|---|---|---|
| 1862 | Red | Fine | $1M – $3M | First-ever $2 legal tender |
| 1890 | Brown | Very Fine | $2.5M – $4.5M | Rare U.S. Treasury note |
| 1928 | Red | Uncirculated | $5M – $7.5M | Among rarest small-size $2 bills |
| 1953 | Red | Circulated | $10,000 – $15,000 | Common but collectible |
| 1976 | Green | Uncirculated | $2 – $3 | Modern, still used today |
| 2003 | Green | Uncirculated | $2 – $4 | Still in circulation |
Note: Prices depend on condition, demand, and rarity.
How to Spot a Valuable $2 Bill
If you have a $2 bill, here are some signs it might be worth more than $2:
- Red or Brown Seal: Older bills with these seals tend to be worth more.
- Interesting Serial Numbers: Low numbers, patterns (like 00000001), or stars (★) are more collectible.
- Printing Errors: Mistakes like off-center prints or smudges can raise the value.
- Like-New Condition: Bills that are crisp and never folded are worth the most.
Final Thoughts
The $7 million $2 bill shows how a rare find in perfect condition can become a treasure. While most $2 bills aren’t worth that much, it’s a good reminder to check what’s in your wallet or old greeting cards—you might have something truly special.