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What Is The Value Of A 1927 2 Dollar Bill With Red Mark On It?

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Rosie Normanton answered
Research suggests that there was not actually an America two-dollar note produced in 1927. There was, however, one made in 1928. This year was the first that small-sized notes, as used today, were introduced in the United States. It’s believed that 1928 dollar bills with red seals, in their most common form, are worth between $10 and $20. So while they are more than face value, they are not worth hundreds. The value of your two-dollar bill can depend on the serial number. Uncirculated notes and rare serial codes can be worth a lot more money. The best way to get an accurate value for your two-dollar bill is to take it into a coin dealer, they will be able to provide you with information about the series of your note and how much it may be worth. Once you have got one person’s opinion, try visiting a couple more coin dealers to see how they compare. This way you should be able to calculate an average value of your note.

Currently, under one per cent of all noted produced in the United States are two-dollar bills. This has led to some speculation about whether the bill is still in circulation and has even caused problems with people trying to use them to make purchases. The two-dollar bill is still a denomination of United States currency and currently has former president Thomas Jefferson on the obverse and a reproduction of John Trumbell’s painting The Declaration of Independence on the reverse. In 1966 the two-dollar bill was discontinued but 10 years later, as part of the United States Bicentenial celebrations, the note was reintroduced. Pre-1929 the two dollar bill was a large-sized note and was issued as a United States Note, National Bank Note, Silver Certificate and Treasury or ‘Coin’ Note. When it was changed to a small-sized note (that is still used today) it began to be issued as a Federal Reserve Note.

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