The red seal on a $2 bill has a very simple explanation and that's because they signify the change from the notes being issued as United States to Federal Reserve notes. These notes were issued between 1928 and 1963. The $2 bill has a unique place in American history and has always been viewed curiously and hasn't enjoyed the affection accorded to the $1 bill.
Despite its lack of acceptance and the preference for the $1 bill, the note has been in circulation for almost 100 years despite regular rumors predicting its withdrawal. Low print numbers have contributed to that feeling, however out with the United States the $2 bill has proved to be more popular particularly within the military who use it within compounds and for currency exchange.
Its greater face value ensured its increased popularity which saw the notes eagerly traded and enjoying a much larger life span than within the US, with its longer lifespan the notes were often held together by various bits of cello tape which apparently added character and appeal.
Throughout the world the $ remains the unofficial currency in many countries, thanks to the stability of the US economy and worldwide acceptance of the currency. Whether it's in South America, Africa or Asia, anyone carrying dollars will rarely have to worry or deal with local currency transactions and exchange rates with the $2 bill as welcome as any other.
The value of a red seal $2 bill varies depending on condition but they are a popular collector's item, with their low print runs and the uncertainty over their futures adding to their value and collect ability. The older the note and the better its condition the higher value it will attract.
Despite its lack of acceptance and the preference for the $1 bill, the note has been in circulation for almost 100 years despite regular rumors predicting its withdrawal. Low print numbers have contributed to that feeling, however out with the United States the $2 bill has proved to be more popular particularly within the military who use it within compounds and for currency exchange.
Its greater face value ensured its increased popularity which saw the notes eagerly traded and enjoying a much larger life span than within the US, with its longer lifespan the notes were often held together by various bits of cello tape which apparently added character and appeal.
Throughout the world the $ remains the unofficial currency in many countries, thanks to the stability of the US economy and worldwide acceptance of the currency. Whether it's in South America, Africa or Asia, anyone carrying dollars will rarely have to worry or deal with local currency transactions and exchange rates with the $2 bill as welcome as any other.
The value of a red seal $2 bill varies depending on condition but they are a popular collector's item, with their low print runs and the uncertainty over their futures adding to their value and collect ability. The older the note and the better its condition the higher value it will attract.
