1928 United States Two Dollar Bill Value Guide

The Series 1928 Two Dollar Bill is a landmark in numismatics as the first small-size note issued by the U.S. Treasury. Known for their vibrant red seals and serial numbers, these notes are highly collectible due to their unique 'Funny Back' design and historical association with American folklore.

What Is 1928 United States Two Dollar Bill Worth?

The typical price range for 1928 United States Two Dollar Bill is $15 - $23 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Physical condition and crispness of the cotton-linen paper significantly impact the $15.00 to $22.50 price range.
• The presence of all four corners is vital, as many historical users tore them off due to superstitions.
• Specific series letters (A through G) can influence rarity and collector demand.
• The absence of heavy folds, ink stains, or pinholes preserves the note's premium value.

How to Identify 1928 United States Two Dollar Bill?

• Look for the distinct red ink used for the Treasury seal and the serial numbers.
• Verify the presence of Thomas Jefferson on the obverse and his estate, Monticello, on the reverse.
• Check for the 'Series of 1928' designation printed on the face of the note.
• Confirm the material is the authentic 75% cotton and 25% linen blend used by the U.S. Treasury.

History of 1928 United States Two Dollar Bill

Known as 'Funny Backs' or 'Red Seals', the Series 1928 two-dollar bills were the first small-size notes issued by the U.S. Treasury. They were often considered unlucky in American folklore, leading many users to tear off the corners to 'ward off the jinx', which ironically lowered their value at the time.