If you have a $2 bill tucked away, it could be more valuable than you realize. Though $2 bills are rarely seen in circulation, they have a fascinating history and can be sought after by collectors. First introduced in 1862 during the Civil War to help with coin shortages, the $2 bill has seen multiple design changes over time, featuring various historical figures and landmarks.

Throughout most of the 20th century, the $2 bill had a relatively low value, but its popularity among collectors grew in the 1920s and 1930s. Today, the value of a $2 bill is determined by factors like its age, condition, and rarity. For example, a 1953 red seal $2 bill with a star in its serial number can be worth $500 or more.

If you find a $2 bill, it’s wise to look into its potential value or seek advice from an expert before deciding whether to hold onto it or sell. These bills might be worth more than their face value, offering a surprising return for collectors.