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1976 Two Dollar Bills - Values and Pricing

Most people realize that 1976 $2 bills are not old enough or rare enough to be collectible.  However, there is still a misconception with some people who believe that any two dollar bill is rare and valuable.

We know for a fact that 1976 $2 bills were released into circulation on April 13, 1976.  We know this because tens of thousands of people took their new 1976 $2 bills to the Post Office to have them cancelled, usually with a 13 cent stamp.  The 13 cent stamp was used because that is how much it cost to mail a letter in 1976.  Stamped 1976 $2 bills typically sell for about $5 each.  If they were stamped in an exotic place then the value might be closer to something like $8.  However, no 1976 $2 bills with stamps are rare or valuable.

It is also not uncommon to see entire packs of 100 uncirculated 1976 two dollar bills.  These were frequently saved and today they trade for about double face value.  Any single uncirculated 1976 $2 sells for about $2.50.  If the note is circulated then it is only worth face value.

1976 two dollar bills were somewhat exciting to the general public because this marked the first time a denomination of United States money had seen a redesign in many years.  Prior to 1976 all two dollar bills featured Monticello on the back of the bill.  1976 and newer two dollar bills show The Signing of the Declaration of Independence.  This design is still very exotic and intricate compared to the back of most money.  The front of the bill is still very similar to old twos.  It features Thomas Jefferson.  1976 $2s are often called bicentennial twos.

1976 $2 bills were printed for all twelve Federal Reserve banks.  These banks include:  Boston - Massachusetts, New York City – New York, Philadelphia - Pennsylvania, Cleveland - Ohio, Richmond – Virginia, Atlanta – Georgia, Chicago – Illinois, St. Louis – Missouri, Minneapolis – Minnesota, Kansas City – Missouri, Dallas – Texas, and San Francisco, California.

All 1976 two dollar bills are signed by Neff and Simon as the Treasurer of The United States and Secretary of the Treasury, respectively. 

One good thing about 1976 $2 bills is that they can be found with low serial numbers.  1976 $2 bills that have a star symbol at the end of their serial number can also carry a premium.  Learn more about 1976 $2 star notes here.

We do not buy 1976 $2 bills unless they are in an uncirculated pack of 100, have a low serial number, or are a rare star note.  If your note fits one of the categories above, please send us an email and tell us about it.