A 1953 2-dollar bill is usually only worth its value, but it can go higher depending on the condition. No matter what series a 1953 $2 note belongs to, it is worth around $2 to $15. Star notes and bills with unique serial numbers are roughly $10 or higher.
Currently, about a billion $2 dollar bills are in circulation, but many people look at them suspiciously. However, the 1953 bill is different. We will help you learn more about the rare 1953 $2 bill, whether you are new or a collector.
If you own a 1953 $2 bill and wonder how much it is worth, keep reading and wonder no more.
- What Should You Know About the 1953 2 Dollar Bill?
- What There Is Red Seal on the 1953 2 Dollar Bill?
- How Much is 1953 2 Dollar Bill Value?
- What Does Star Symbol in 1953 2 Dollar Bill Mean?
- What is the Grading System Used in 1953 2 Dollar Bills?
- Is Serial Number Important in 1953 2 Dollar Bill Value?
- How Does Condition Affect 1953 2 Dollar Bill’s Value?
What Should You Know About the 1953 2 Dollar Bill?
The 1953 2-dollar bills are released depending on a series according to the year they were printed. These bills come with unique quirks.
The red seal makes the 1953 2-dollar legal tender note look unique. More than 79 million standard 1953 2-dollar notes were printed. You will also find 1953 star notes, and only 3.9 million of them were printed.
On the obverse side, you will find Thomas Jefferson’s portrait. As with the reverse side, there is the image of Monticello, his main plantation. Every note was printed in Washington DC and distributed throughout the US.
These bills have different signatories and can be classified into four different series: 1953, 1953A, 1953B, and 1953C. When it comes to value, star notes are more valuable compared to standard bills.
What There Is Red Seal on the 1953 2 Dollar Bill?
In the US, there are different seals found on money. For example, a red seal was issued for the United States notes, a brown seal for Federal Reserve Bank notes and National Bank notes, and a green seal for Federal Reserve notes.
A 1953 2 dollar bill has a red seal because the US government is directly obliged to it. The red seal also means that the people who own them own a piece of the national debt. However, these notes were eliminated from circulation in the 1960s.
How Much is 1953 2 Dollar Bill Value?
While the worth of a 1953 $2 bill is equivalent to its face value, it can go higher depending on the condition.
Regardless of what series a 1953 2 dollar bill belongs to, its worth is between $2 and $15. However, a bill with a unique serial number or star note has a different value, roughly around $10 or higher.
The value of your 1953 $2 bill mainly depends on the condition and series. Aside from these factors, it would help if you also considered other things. Bills with uncommon series numbers, birthday serial numbers, high serial numbers, or low serial numbers offer more value.
For example, if the bills are in very fine condition, the value would be:
- 1953 series: $9
- 1953A series: $9
- 1953B series: $9
- 1953C series: $9
Meanwhile, if the bills are in MS 63 uncirculated condition, the value would be:
- 1953 series: $32.50
- 1953A series: $22.50
- 1953B series: $22.50
- 1953C series: $22.50
What Does Star Symbol in 1953 2 Dollar Bill Mean?
If the 1953 2-dollar bill has a star symbol before its serial number (star note), it is more valuable and rarer.
If the bills with star notes are in very fine condition, the value would be:
- 1953 series: $15
- 1953A series: $22.50
- 1953B series: $17.50
- 1953C series: $17.50
Meanwhile, if the bills with star notes are in MS 63 uncirculated condition, the value would be:
- 1953 series: $95
- 1953A series: $80
- 1953B series: $75
- 1953C series: $90
What is the Grading System Used in 1953 2 Dollar Bills?
As you can notice above, the bills are graded “very fine” and “MS 63 uncirculated.”
· Very Fine Condition
A note is considered very fine if it has been in circulation for a short period. Plus, it is still crips even if there are some light smudges, folds, or creases.
- MS 63 Uncirculated
A note is graded as MS 63 uncirculated if it shows no sign of being in circulation. It is well-centered and has its original crispness.
Is Serial Number Important in 1953 2 Dollar Bill Value?
The bill’s serial number refers to the numerical code you can find in the upper corner of its front side. It is printed in ink and written as a six-digit number.
Each 1953 $2 bill comes with a unique serial number, which tracks the bill’s ownership from whether it is issued up to being paid.
The serial number provides critical information about the bill, including its amount, the date it was issued, any additional charges, and the issuing authority.
Does it affect the bill’s value? It can affect the value to the collector.
How Does Condition Affect 1953 2 Dollar Bill’s Value?
Regarding the resale value, the 1953 $2 bill’s condition is one of the major influencers. Its condition is graded according to five factors: color, paper, quality, signs of wear, and printing.
In the history of US currency, the 1953 2-dollar bill is one of the most sought-after and exciting denominations. Indeed, it is a rare bill. It was mainly printed during the early 1900s but went into circulation in the 1950s.
Since this bill is circulated at a circulated level, it can be worn or have some folds, soiling, creases, spots, wrinkles, missing serial numbers, or discoloration. Unsurprisingly, the bill is worth thousands of dollars, especially if the condition is excellent.
The 1953 2-dollar bill is one of the rarest bills in the US currency. It features the portrait of Thomas Jefferson and comes with extreme historical significance.
To make this bill part of your collection, you must consider different factors, such as condition, star notes, red seal, and serial number. However, we hope this article has been informative to you and will help you become more meticulous about bill collection.