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  • The US Sun

    You could have $2 bill in your pocket that’s worth a whopping $4,500 – here’s what to look out for on valuable note

    By Vera Demertzis,

    3 hours ago
    https://img.particlenews.com/image.php?url=1pHxAb_0vV3PVPd00

    A RARE $2 bill could be worth an eye-watering amount if it was printed from a by-gone era.

    The $2 bills could be worth a $4,500 if the bill was printed in the 1800s.

    According to U.S Currency Auctions, the rare bill is a popular collectors item.

    In fact, most rare and valuable bills were printed in the 19th century.

    The $2 bill was first printed in 1862 and is still in circulation today, so anyone could get their hands on it.

    It originally featured a portrait of Alexander Hamilton but went through a makeover and featured Thomas Jefferson in its 1869 redesign.

    However the bill underwent a second redesign in 1963.

    If you don't have a $2 bill from the 1800s, don't despair, bills from the last 30 years could still have some monetary value.

    According to the USCA, if the bill was minted and printed before 1976, it could actually be worth its highest value – as much as $4,500 or more for uncirculated notes from 1890.

    The high price also depends on if the bill was uncirculated.

    For example a circulated $2 bill from the 19th century might only be worth a couple of bucks.

    But if it’s uncirculated and is an original, that same $2 bill from the 1800s can range in value from $500 to more than $2,800.

    More recently, certain uncirculated $2 bills from 1995 have a value of $500.

    If you have a bill from the 2023 premium Federal Reserve set of 12, that’s worth $700 or more.

    The $2 bill might not be as common, however it is still being printed.

    If you think you might have a valuable $2 bill, experts suggest taking it to a verified coin expert for evaluation.

    What is a die break or error on a coin?

    What causes such defects on coins and why are they so rare to find?

    A die break, also known as a cud, is an error on a coin that is formed when a die, (a metallic piece that is used to strike a coin) is missing a piece near the rim.

    When dies strike coins, they have a heavy impact and pressure and the metal from the blank part of the coin, known as the planchet, overlaps the area left by the missing piece of the die.

    Coins with such deformities are rare thanks to the strict quality control measures at the US Mint.

    When such errors do occur, they are often caught and destroyed.

    However, those that slip through the net become huge collector's items worth much more than their face value.

    Source: Littleton Coin Company

    It comes after a lucky finder came across multiple sequential $2 bills with crooked serial numbers.

    The rare money's high value was verified by currency expert Eric Miller.

    Garnering millions of followers for his keen ability to identify rare coins, Eric Miller makes YouTube videos for @thecoinchanneltube and TikToks under @TheCoinChannel.

    A recent TikTok by Miller opened with a voice narrating over a photo of six, $2 bills.

    "I found all of these bills and the serial numbers are crooked and not in the right spot," said the voice, describing the look of the bills as "really weird."

    Miller appeared and said, "Everyone always wonders: are $2 bills valuable."

    While regular ones usually aren't valuable, according to Miller, being able to spot one key difference could change that, with some bills being worth up to $400.

    He advised any finder of a $2 bill similar to this to consider grading it.

    Miller called upon viewers to visit: pcgs.com/banknote/submissionguide.

    He then revealed that the bills went for $67 a pop, per the banknote authentication service.

    Meanwhile, $1 bills could be worth close to $6,000 if they have a particular printing error.

    Up to 6 million of the bills apparently have an error from the US Bureau of Engraving and Printing that makes them worth a pretty penny.

    It is rare for these types of errors to reach circulation from the Federal Reserve, said Chad Hawk, vice president of PMG, a professional paper money grading company.

    "You just don't see that error in US currency," he told Fox Business.

    Two sets of the $1 bills were printed - one in 2014 and the other in 2016 - totaling more than six million $1 bills in circulation.

    According to Hawk, the problem arose when the dollars were printed with duplicate serial numbers.

    Like a Social Security number, every dollar bill in circulation is meant to have its own unique serial number so it can be identified.

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