How Much Is 1928 $2 Bill Worth? (Answered)

Last Updated on March 29, 2022

The 1928 $2 bill has a long history. It is one of the oldest notes of the previous century.

1928 $2 Bill is one of the first notes printed in 1928 in a small size that are in circulation today. Before 1928, all the bills produced of $2 were larger. There are a total of 8 different series of the 1928 $2 bill.

Are you looking to know more about it? Below we have discussed this in detail.

How Much Is 1928 $2 Bill Worth?

The 1928 $2 bill is worth around $12 in very fine condition and $185 in an MS 63 uncirculated condition. The 1928A is a very fine condition worth about $60 and $385 in an uncirculated condition.

The 1928B series bill is worth $250 in very fine condition and $1,100 in uncirculated MS 63 in uncirculated condition. On the other hand, the 1928C is an ordinary bill and worth around only $30 and $125 in an MS 63 uncirculated condition.

The 1928D is worth $15 in very fine condition. In an uncirculated condition with an MS 63 grade, the bill is worth $80. On the other hand, the 1928E, in a very fine condition, is worth around $22.50 and $150 in an uncirculated MS 63 condition.

The 1928F and 1928G are worth $17.50 in very fine condition and around $80 to $85 in an uncirculated MS 63.

The Jefferson Tribute Collection with Rare $2 Bill

Is There any Star Note Variety in the 1928 $2 Bill?

Yes! The 1928 $2 bills do have a star note variety. The star symbol on a star note is present before the serial number. Therefore, the star note series hold a higher value than the regular 1928 $2 bill series.

Why Are Star Notes Higher In Value?

The star notes of any bill are found higher in value than other standard bills. Actually, the star notes are replacement notes that are more valuable and rare to find.

How Much Are Star Note Series Worth Of The 1928 $2 Bill?

All the 1928 $2 bill series were also produced in the star note variety. The 1928 $2 bill is worth $225 in very fine condition and $2000 with an MS grade uncirculated condition.

The 1928B series of the star variety is the real deal. Many collectors have their eyes on this bill and looking for it. It is worth around $20,000 in just very fine condition, and the MS 63 uncirculated condition is scarce and hasn’t been valued yet.

The 1928C is worth around $600 in very fine condition. On the other hand, the MS 63 uncirculated condition bill is worth $3,250.

However, the 1928D is a bit common bill and worth around $100 in very fine condition and only $600 in an MS 63 grade in an uncirculated condition. On the other hand, the 1928E bill is worth $2000 in very fine and $12,5000 in an uncirculated condition with an MS 63 grade.

The 1928F and 1928G are worth $85 to $115. However, they are worth $500, having an MS 63 grade in an uncirculated condition.

Why My 1928 $2 Bill Has A Red Seal?

This may not be very clear to you, but yes, this is one of the unique features of the 1928 $2 bill. In addition, the bill has a red seal rather than a silver seal found in previous year’s bills.

The red seal is a representation that the bill is a legal tender note than a silver certificate. Only the red seal was issued on the 1928 $2 bill. If you find a bill with another color seal, it wouldn’t be a genuine one.

How Does the Grading System Works for A 1928 Dollar Note?

The grading system for a note depends on its condition. The note’s value depends majorly on the grade it has been awarded. The 1928 $2 bill can be awarded two grades.

A very fine grade means that the note has been in circulation for a time. However, it is in good condition and relatively crisp, but some folds, smudges, or creases can be found.

MS 63 is the highest grade a 1928 $2 bill can receive. The note has never been in circulation and still has its original crispiness. Above that, the note still is well-centered.