Why some $2 bills have a red seal & serial number

Published 2019-04-18
Ever wonder why some 2 dollar bills have a red treasury seal instead of a green one? The director of The Two Dollar Bill Documentary answers this YouTuber's question about these bills with monticello on the back, and shows how red seal $2 bill paper money came to be. Whether you're coin roll hunting or currency collecting this is the video for you.

Interviewees:
Laura Kessler, PCGS Currency
Franklin Noll, Treasury historian
Tim Canova, professor

Photos of old currency credited to: National numismatics Collection, National Museum of American History

#papermoney
#numismatics
#twodollar

All Comments (21)
  • @TheRealDrJoey
    I always keep a few 2$ bills in my money clip, and I just looked, and I have a red stamp 1963 series! Thanks for the info. At one time I had 1,000 2$ bills. I wonder how many were red???
  • @postalinVT
    Went to my local bank and asked for two dollar bills. They had one and it was in bad shape. I asked "when do you get new ones in?" They said they didn't get twos in. I said " so you don't get much call for them huh?" The lady said "OH yes, all the time". I said "Huh?, people ask for them but you don't carry them? Good thing you're not a retail business." "You would be out of business in no time flat"
  • @RickJZ1973
    Very informative channel with a tremendous amount of educational info regarding the $2.00 bill. Keep up the great work.
  • @rf9061
    Thank you for the feed back
  • @admagnificat
    Great video, man! Well put together -- with some beautiful animations -- and very informative! Thanks again!
  • @richard1113
    Really great video about my favorite bill. Not sure why I wasn't subscribed to you but I am now! šŸ˜Š
  • @johnmcmunn5698
    Very much enjoyed your video and the historic perspective on the bill. Did not realize that there were red seal $2 bills. Great to know. Thx.
  • @bland9876
    I wonder how long until colorless money will be worth something well technically completely green money also quarters with eagles
  • @theferrones
    Iā€™ve been lucky in the past asking bank tellers for 2 dollar bills. Really old ones came my way. I actually gave one away as a part of a tip because itā€™s condition was so bad it hurt to look at it. The bank should have destroyed it or sent back to federal reserve to destroy it. What Iā€™d really like to find in my stocking in Christmas some day is a 5000 dollar bill. Theyā€™re way out of circulation which makes them so valuable. So Iā€™d settle for a ten dollar coin. They can be worth a bunch of money depending on variables. Because the intrinsic value always stays put.
  • @ILive2Rescue
    I have always been fascinated by $2 bills! Ever since my first niece was born in 1992 I started enclosing $2 bills, 50 Cent pieces, and $1 coins when they came out, in her birthday cards, as well as every childā€™s birthday card in my family & for friends children since then. I always encouraged the children and their parents to save some (if not all) of those notes and coins. (Donā€™t worry, they received ā€œeverydayā€ money they could spend, along with their gifts too. šŸ˜‰ šŸ˜Š) Unfortunately, not a single person has even one note or coin that Iā€™ve given them through the years. šŸ¤·šŸ¼ā€ā™€ļø Funny story: For the past 20 years, or so, whenever I get paid, I go to the bank and get as many $2 they have just to spend in my everyday life. Itā€™s always fun to see the expression on peopleā€™s faces when you pay for something with $2 bills. It never ceases to amaze me how many people donā€™t realize $2 bills are real money though. On more than one occasion Iā€™ve had people flat out tell me that they arenā€™t real. However, no one can top the experience I had at a KFC several years ago. The young lady behind the counter was extremely rude, telling me that I canā€™t use ā€œMonopoly moneyā€ to pay for my food. I tried to explain to her that it was real, and if she didnā€™t want to take them as payment Iā€™d gladly pay with a $20 bill. However, she took it a step further and refused to give me my $2 bills back, and threatened to call the police on me for FRAUD! I asked for the manager, and even he said that there isnā€™t any such thing as $2 bills; and now they both refused to give my money back to me, and I was told to leave and never come back. Finally, after a lengthy standoff, the manager finally called the police, telling them I was trying to pay for food with ā€œfakeā€ money. As soon as they called the police I sat my happy butt down and waited for the fun to begin. Both the cashier and manager were taunting me, laughing while exclaiming how they couldnā€™t wait to see me carted off to jail in handcuffs. I just quietly sat there smiling. Iā€™m sure you can picture their embarrassment when two police officers showed up, expecting to arrest some chic trying to commit fraud, only to finally be convinced (yes, they had to be convinced, even from two police officers) that $2 bills are in fact, real money.
  • @coolnegative
    I used to have several "red ink" $2 Bill's. Still have a $1 "silver certificate" somewhere.
  • @scott2228
    I have a red seal $2 I got when working at a bank in 2001. A customer inherited a PO Box that had old bills from 1965. I swap cash for the bill bc I had never seen the red before. Now I know!!! And yes.... I still have the bill all these years latter.
  • Incredible video! I am an avid collector and this video is a great re-enforcement to the current knowledge I have plus more. You have earned a new subscriber! Question: What year did $2 start and what are the rarest runs? For example: smallest runs or print errors.
  • @nancyM1313
    Tfsharing. Enjoyed your video very much. You had more information that I hadn't expected. Very helpful. Have a lovely day. šŸ’µšŸ—½Cheers from NYCšŸ’™
  • @prohamburger22
    Also I like how $2 bills keep that old fashion to them.
  • @jojomama4787
    Ah Ha!I saved a couple of five dollar bills with the red seal and always wondered what it meant,THANKS!
  • @curtekstrom6600
    I have quite a few Bills with Red Seals along with many US Currency in Denominations $1 to $5,000. All passed down from Grand Father and my Father some dating back to the 1880's.
  • I have a 1953 series * note red seal $2 bill thats serial number starts with * 0000. I understand that the signifies a reprint of the original bill. Couple of questions, does the * in 1953 also mean the bill was reprinted? Does the low serial number starting 0000 add any value to the note?