Last Updated on March 30, 2022
As large denominations of the United States currency have diminished periodically, small bills have also gone through certain modifications. Among these small denominations are the $2 bills that were discontinued for numerous reasons. The number of these currency bills in circulation today is pretty trivial.
According to the reports, the 2-dollar bill makes up less than 0.001% of the United States money currently circulating. Furthermore, approximately 11.7 billion $1 bills are in rotation while hardly 1 billion of the $2 bills are circulating.
To say that two-dollar bills have become one of the rarest yet currently utilized paper money will not be wrong.
How Much Is The Value Of A 1995 2-Dollar Bill?
When estimating the worth of vintage currency, one thing that intrigues a buyer is the rareness of the item. The rarer or sparse the item is, the more worth it will have in the market. The initial series of the currency bill has a high demand in the buyer’s market.
This is due to being rare as it had been out of circulation a century ago. But what about the not so older versions of it?
The 1995 $2 bill, apart from the star notes, does not interest the buyers that much. It is because it had nearly the same design since 1975 with minor modifications. Secondly, the value of the currency bill is likely to decrease if it has been over-circulated.
Today, the 1995 2 dollar bill value is estimated to be around 6$ if it is in a very fine state. However, the uncirculated ones with an MS 63 grade are usually sold for about 15$.
What Is the History of the $2 Bill?
The currency bill was introduced, during the year 1862. It featured the face of Alexander Hamilton on the front of the note. The back of the note consisted of two concentric rings inside which a statement was imprinted. As per the statement, the bill could be used as legal tender for all public and private debts apart from import duties.
Over time the design of a 2 dollar bill has changed sporadically. After 1862, the 1875 series of the bill gained popularity and was commonly known as the Lazy Deuce. The 1896 version of the note also acknowledged as an educational note, is regarded as the 11th most beautiful currency bill ever manufactured.
From 1920 the United StatesDepartmentt of treasury reduced the size of the banknote and gave it a much more traditional appearance. The production of the currency bill was halted twice while permanently being discontinued during 1974.
However, in 1975 the secretary of the treasury announced the revival of the $2 note as an austerity measure. Since then, the $2 bill went through minor design changes and is rarely found in circulation due to reduced production.
How Does 1995 2 Dollar Bill Looks?
Unlike the very first series of $2 bills, the 1995 version of the note has a pretty small size. As no variations have been made to its design since 1975, the 1995 $2 bill is no exception.
Like any other two-dollar Federal Reserve note, it has an image of Thomas Jefferson on the front. Moreover, it also has the signatures of Mary Ellen Withrow and Robert E. Rubin. They were the state’s treasurer and secretary of the treasury respectively.
The 1995 $2 bill was mainly issued for the Federal Reserve Bank of Atlanta. Approximately 153,600,000 banknotes were manufactured initially.
What Are the 1995 $2 Millennium Star Notes?
A star note is a replacement banknote that is issued in exchange for a flawed one. By publishing star notes, the monetary system of a state can have an exact count of the banknotes being manufactured and in use.
The number of star notes is limited so searching for them could be a difficult task. The rarity of these notes helps in adding their worth in the market.
The 1995 $2 star notes, also known as the millennium notes, were issued in 12 districts of Atlanta. Unlike a regular 1995 $2 bill, the millennium notes had special serial numbers starting with letters A-L followed by random numbers.
It has been reported that around 9,999 such banknotes were issued and distributed in all the districts of Atlanta. Due to such reasons, a 1995 $2 star note is typically traded for about 30$ a piece.