Wednesday, September 18

The $2 bill that could be worth $20,000

Arlenys Tabare's avatar

By Arlenys Tabare

24 Jul 2024, 14:39 PM EDT

Banknotes are made up of several parts such as the obverse and reverse, year of issue, figurative images, watermark, serial numberamong others, all of these elements are important and any of these can contain details that often cost a fortune.

Commonly, errors that occur when printing a banknote are associated with the serial numbers; these can be so different that the banknote is even given a grade for this reason.

When the serial number on a banknote is composed in a linear fashion, for example 12345678, 00123456 or 034567, it is known as a “ladder”. There are many combinations and each of them has a name to recognize them.

Such is the case of the $2 dollar bill that was sold in 2022 for $528,000 dollars. on an online auction platform. The particularity of this banknote lies in its serial number, as explained by Daniel Martel on his YouTube channel aimed at fans of the world of numismatics.

Martel indicates that the characteristics to highlight about this peculiar two-dollar bill is your serial number with the one star terminalWhen this happens it is because it is a replacement, that is, the previous batch was eliminated and replaced, which is why a small star is placed to identify it.

Another detail that does not go unnoticed is that also The serial number is composed of only zero and one, this is known as “binary dollar”In addition, the condition of the bill is very important when selling it. In this case, it was for $528,000 dollars.

Keep reading:

  • The 1892 Columbia Dollar Worth More Than $2,000 on an Auction Website
  • $150,000 for a $2 bill: where to find it?
  • The 5 cent coin that is worth $275 dollars