How Much Is A 1867 $2 Bill Worth?
1867 Two Dollar Bill
Collectors call 1867 $2 bills lazy deuces. The nickname derives from the fact that the large two on the front of each bill is laying on its side. At some point someone said the term lazy deuce and it stuck. The two dollar national bank note was discontinued in 1878, so that leaves just a eleven year production period. Most 1867 two dollar bills are very scarce today. The most common examples in poor condition are worth around $1,000. Examples from rare banks or bills that are in perfect condition are worth and sell for several thousand dollars or more. Even if a bank was open in 1867 it didn’t necessarily print two dollar bills. There were plenty of dollar coins circulating in the 1860s, so a lot of national banks didn’t bother to print one and two dollar bills because the need was already being satisfied by coinage. Even if a bank did choose to print 1867 two dollar bills, they were still only printed at a rate of one two dollar bill for every three one dollar bill. Most banks that did print $2 bills almost always issued less than 10,000 examples over the entire life of the bank. You can see why some are so rare and valuable today.
Remember that Series of 1875 can also printed on $2 bills in addition to the 1867 charter date. These notes can have a red seal that is spiked or rounded. Each two dollar bill may or may not have a red charter number stamped on its face. It all depends on when the bill was actually printed between 1867 and 1878.
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The following national banks printed 1867 $2 bills:
- Charter 1668 – First National Bank of Idaho, Idaho (Boise)
- Charter 1671 – Citizens National Bank of Davenport, Iowa
- Charter 1672 – First National Bank of Atchison, Kansas
- Charter 1675 – National Security Bank of Boston, Massachusetts
- Charter 1667 – State National Bank of Saint Joseph, Missouri
- Charter 1674 – Kearsarge National Bank of Warner, New Hampshire
- Charter 1670 – Ilion National Bank, New York
- Charter 1670 – Ilion National Bank & Trust Company of Ilion, New York
- Charter 1666 – Cleveland National Bank, Tennessee
- Charter 1669 – Fourth National Bank of Nashville, Tennessee
- Charter 1669 – Fourth & First National Bank of Nashville, Tennessee
- Charter 1673 – National Bank of Royalton, Vermont