1976 2 Dollar Value Guide (Incld. Rare Varieties)

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What Does A $2 Bill From 1976 Look Like?

The $2 bill from 1976 features the portrait of the 3rd president of the United States, Thomas Jefferson. Before, it was Alexander Hamilton’s portrait that was featured in the $2 bill when it was first introduced in 1862.

The two-dollar bill underwent various changes over the course of time. However, it was in 1976 that it received a major change. Yes, the image of Thomas Jefferson remained essentially the same but the reverse part got a major makeover.

To give you an idea of what the $2 bill from 1976 looked like, here’s an image:

What Does A $2 Bill From 1976 Look Like
photo source: The Spruce Craft

The first thing you’ll notice is that the $2 bill has green serial numbers, which are blue or red before 1976. The treasury seal also became green.

On the obverse side, there are different elements you’ll find. These are the following:

  • Portrait of Thomas Jefferson
  • Serial number
  • The series year
  • Signature of the secretary of the treasury
  • Two dollars written in words and number

Perhaps, the most notable change you find in the 1976 2-dollar bill is the famous painting of the signing of the Declaration of Independence. This was painted by John Trumbull and the painting replaced the image of Thomas Jefferson’s house, which was included before 1976.

The Bureau of Engraving and Printing (BEP) stopped printing the $2 bill from 1966 to 1976. The first announcement of the 1976 $2 bill re-issuance happened on November 3, 1975.

William Simon, the Secretary of the Treasury at that time, wanted to make the new banknote available on April 13, 1976, which coincided with the birthday of Jefferson.

The $2 bill series of 1976 had a few design changes from its previous look. What’s more interesting is that the reissue of the $2 bill also happened on the 200th anniversary of the United States’ Independence Day.

This is the reason that the reverse side of the $2 now featured Trumbull’s Declaration of Independence painting. However, the painting on the $2 note is just an engraved rendition and not an exact copy.

At the time the $2 bill was released, a lot of people assumed that the new redesigned note was a limited edition. They thought that it was made specifically to be part of the United States Bicentennial celebration.

However, this wasn’t the case at all. Because if it was, then the BEP should have stopped printing the 1976 two-dollar note, but it was printed continually for many more years.

Because of the misconception, collectors stored and hoarded a large number of the 1976 dollar notes. Some people also took their newly received $2 bill to the post office and got it stamped with the date, “APR 13, 1976.”

Are $2 Bills Still Being Printed?

Yes, the two-dollar bill is still being printed. In spite of the common belief, the BEP continually printed the $2 bill since 1862 except for a 10-year hiatus.

According to the U.S. Treasury, as of April 30, 2007, there were $2 bills worth $1,549,052,714 in circulation across the globe. The total production of $2 Federal Reserve notes from 1976 to 2012 is $2,430,720,000.

Of course, if you are asking about the 1976 two-dollar bill, it is not printed anymore. The 1976 $2 series ended its production in 1978. By that time, there were already 590,720,000 Series 1976 $2 bills printed. The 1976 2-dollar bill has the signatures of Treasurer Francine Irving Neff and Treasury Secretary William Simon.

Today, you can still find the $2 bills but with the most recent series. If you want to confirm, you can even go to your bank and ask for $2 bills when you withdraw your money in cash.

You need to specifically ask for them because $2 bills are not usually handed out. Most banks should have a stock of $2 bills ready in case their customers requested them.

When you request the $2 bills, tellers may need to go to the vault to get them or even order the bills from other branches if they don’t have enough for you. Nevertheless, this proves that the $2 bill is still printed and available in circulation.

How Much Is A 1976 2-Dollar Bill Worth?

The normal 1976 2-dollar bill is worth as much as its face value. So, if you’re planning to sell a circulated $2 bill, you would simply get two dollars. However, if you have a $2 bill with an uncirculated condition, you could sell it for up to $15 or more.

There are some factors that could increase the value of your $2 bill. For example, if you have $2 bills with low serial numbers, you might as well get a higher premium for them.

Perhaps, the most expensive and valuable 1976 two-dollar bill is the one that received a printing error. Because they are extremely rare, these types of 1976 2-dollar bills are also more expensive than others.

Normally, each dollar bill has its own serial number. This serial number is printed twice on the front side of the bill. One is on the top right while the other is at the bottom left. For the error version, the serial numbers on the top and bottom are different, which should not be the case.

If you have this 2-dollar bill with the rare error, you might be able to sell them for $400 if it is still in good condition. The uncirculated 2-dollar bill can be sold for around $800.

Another variety of the 2-dollar bill is the ones that come with a star note. You can easily identify this bill by looking at the serial number, which should have the star image at the endpoint.

How Much Is A 1976 2-Dollar Bill Worth
photo source: CollecTons

The circulated 2-dollar bill with a star note is priced at around $8. Those uncirculated bills with an MS 63 grade can be sold at around $20-$25. Some rare star-note, 2-dollar bills can be sold for $80 to $150.

You may also want to check your two-dollar bill if it has a post office stamp. The bill can be slightly more valuable especially if you have stamps with unique city names.

MS 63 grade
photo source: Coin Talk

Which 2-Dollar Bill Serial Numbers Are Valuable?

As mentioned above, the serial number of your 2-dollar bill can potentially increase its value. For example, there are unusual and rare serial numbers that can make your bill unique.

Which 2-Dollar Bill Serial Numbers Are Valuable
photo source: Old Money Prices

One good example is the serial number, A11111111A. You can have a wide range of unique combinations of serial numbers. As long as they look different, then you should be able to sell them at a higher price.

1976 2-Dollar Error Bills

1976 2-Dollar Error Bills
photo source: Coin World

The most notable error of the 1976 2-dollar printing is found on the serial number. Usually, there are two places where the serial number is printed on the obverse side of the bill. They should be the same because they are the serial number of the same bill. Due to a printing error, the two serial numbers were different and didn’t match.

How Does The Grading System Work?

The Sheldon Scale is used by numismatists to provide a numerical value to coins. The Sheldon Scale goes from poor (P-1) to perfect mint state (P-1) (MS-70). Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). Unfortunately, coin collectors and dealers had different ideas about what each of these terms represent.

Professional numismatists joined together in the 1970s and established CoinGrading standards. These numismatists now assign grades at key places on the seventy-point scale, using the most regularly utilized numeric points in conjunction with the original adjective grade. The following are the most common coin grades:

      • (P-1) Poor – Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered.
      • (FR-2) Fair – Nearly smooth, but without the damage that a coin graded Poor often possesses. The coin must have enough detail to be identified.
      • (G-4) Fair – Inscriptions have merged into the rims in some areas, and important elements have been mostly erased.
      • (VG-8) Very Good- A little weathered, but all of the primary design elements are visible, albeit faintly. There is little if any, central detail left.
      • (F-12) Good – The item is very worn, yet the wear is even, and the overall design details stand out clearly. Rims are almost completely isolated from the field.
      • (VF-20) Very Fine – Moderately weathered, with some finer features still visible. The motto or all letters of LIBERTY are readable. Both sides of the coin have entire rims that are separated from the field.
      • (EF-40) Extremely Fine – Gently used; all gadgets are visible, and the most important ones are bold. The finer details are bold and clear, however, light wear may be seen.
      • (AU-50) Uncirculated – Slight evidence of wear on the coin’s design’s high points; may have contact marks; eye appeal should be adequate.
      • (AU-58) Uncirculated Choice – Slight traces of wear, no severe contact marks, almost full mint shine, and great eye appeal.
      • (MS-60) Mint State Basal – Strictly uncirculated; no indication of wear on the coin’s highest points, but an unsightly coin with reduced luster, visible contact marks, hairlines, and other flaws.
      • (MS-63) Mint State Acceptable – Uncirculated, but with contact scratches and nicks, little reduced shine, but otherwise appealing appearance. The strike is weak to average.
      • (MS-65) Mint State Choice – Uncirculated with great mint shine, very little contact blemishes, and exceptional eye appeal. The strike is unusually severe.
      • (MS-68) Mint State Premium Quality – Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. The strike is quick and appealing.
      • (MS-69) Almost Perfect Mint State – Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. A near-perfect coin with minor imperfections in the planchet, strike, and contact markings (seen only under 8x magnification).
      • (MS-70) Mint State Perfect – Under 8x magnification, there are no tiny imperfections discernible; the strike is crisp, and the coin is perfectly centered on a beautiful planchet. Rarely seen on a coin, this coin is bright and whole, with original luster and exceptional eye appeal.

Where Can You Get $2 Bills Printed From 1976?

There are different places where you can get 1976 $2 bills. You can start your search on the Internet. The most common platforms you’ll find would be online marketplaces such as Amazon and eBay. You can also find them on social media networking sites such as Facebook and Instagram.

Just to give you an idea how much the selling price of 1976 bills on eBay, you’ll find some that cost as low as $1 to as high as $999.

Where Can You Get $2 Bills Printed From 1976
photo source: eBay

Aside from the Internet, you can buy 1976 $2 bills from antique stores and collectors.

Be sure to get the bills checked and assessed by reputable companies. There are a lot of people selling $2 bills for more than what they truly are worth.

FAQs

Are gold 2-dollar bills real?

Yes, they can be real. The two-dollar bill is genuine legal tender. However, it is not the BEP that makes gold 2-dollar bills. If you see one, the gold is privately applied.

How much is a golden 2-dollar bill worth?

The golden 2-dollar bill’s value depends on the amount of gold applied to the bill. However, you can find some of these golden bills being sold in the market for about $20 to $100.

Are 2-dollar bills with red ink worth anything?

The 2-dollar bills with red ink aren’t that rare. They are fairly common and easily found. That’s why a 2-dollar bill with red ink can be sold for as much as $5.

Is there anything hidden on a $2 bill?

Some believe that there are some hidden messages on the $2 bill. Some of the most widely circulated conspiracy theories are the hidden Illuminati message. If you try to scramble the two words “two dollars,” you can get “to owls lard.”

People believe the owl was a symbol of the Illuminati and lard refers to wealth. They take the phrase, “to owls lard” as an invitation of the Illuminati to the people to join them.

 

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