Value of Two Dollar National Bank Note

Value of Two Dollar National Bank Note 


Year:  Various (1862-1878) Type:  National Bank Note Denomination:  Two Dollar Bill
Value:  The value of two dollar national bank notes is based on condition and bank of issue
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Description:  Two dollar national bank notes are a very popular type of bill to collect.  Collectors refer to these notes as Lazy Deuces.  This nickname derives from the fact that the two is laying on its side resting.  For every three one dollar bills that a national bank note printed, it only issued one two dollar note.  So they tend to be the rarest of the small denominations.  Two dollar bills tend to be especially scarce from Southern and Western states.

The front of two dollar national bank notes has lady liberty holding an American flag.  The back shows Sir Walter Raleigh.

Variations:  These notes come with two different seal possibilities.  They can have the red seal as shown above, or they can have a spiked red seal.  The circular seal is found on notes that say series of 1875.  Two dollar national bank notes can also come with blue serial numbers instead of red serial numbers.  There will also not always be a large red charter number printed on the note.  The seal on the back of two dollar national bank notes will change depending on which state the note is from.  Not every note will say Connecticut.  Two dollar national bank notes can be from any bank and any town.
Inscriptions:  Will Pay On Demand To Bearer One Dollar  –  Register Of The Treasury  –  Treasurer Of The United States  –  This Note Is Secured By Bonds Of The United States Deposited With The U.S. Treasurer At Washington  –  Printed At The Bureau of Engraving and Printing, Treasury Dept.  –  National Currency  –  Cashier  –  President  –  Amer Septent Sigil Thesaur  –  National Bank Note Co. N.Y.  –  This Note Is Receivable At Par In All Parts Of The United States, In Payment Of All Taxes & Excises And All Other Dues To The United States, Except Duties On Imports, And Also For All Salaries And Other Debts & Demands Owing By The United States To Individuals, Corporations & Associations Within The United States, Except Interest On Public Debt.  Counterfeiting Or Altering This Note, Or Passing Any Counterfeit Or Alteration Of It, Or Having In Possession Any False Or Counterfeit Plate Or Impression Of It, Or Any Paper Made In Imitation Of The Paper On Which It Is Printed, Is Felony, And Is Punishable By $1,000, Fine Or Fifteen Years Imprisonment At Hard Labor Or Both.