HI friends,
We have been holding these $2 bills as an investment for a number years. The $2 bill is not rare, but they are not really in circulation so you don’t see too many of them.
These bills are from the first year of their issue: 1976!
However, unless you have a very rare number or a known printing imperfection, they are generally worth the face value - $2. I might be able to sell these for $3 since they are the first year, but really a 50% return from the issue date decades ago, is a failed investment.
As an example, if you had bought $2 worth of gold in 1976, it would be worth $39 today, or nearly a 2,000% return - a much better investment.
Of course, cash is really a store of value, and with inflation, you are losing buying power each year. As an example, if you looked at the inflation adjusted value of $2 in 1976, it is $11.06 in today’s value. Therefore, it being worth $3 only, is a much lower value than the inflation adjusted value.
All that to say, a store of value like gold which can appreciate with inflation is a big win over something that has a static value like cash.
Thanks for coming by,
Brian
$2 bills are fun to own. I've been a fan since I was a young girl ( a long time ago ;-)
They still print new $2 bills from time to time when there is demand for more. I wish they could get a $1 coin in circulation that would gain some popularity.
I agree, those $1 coins were cool!
Like the $2 replacement note with a solid Star.
Precious metals are infinitely better investments than cash. Though the $2 bills are unique in their own way. Maybe you should keep them as antiques. Or if you are lucky you may find someone willing to purchase them for a considerably high price.
Honestly, I thought there is only $1, $10 and $100
lol
You could get more profits over time, the economy is currently too manipulated, patience always has its rewards.
I wish you a happy day
!LADY
!BBHYes, gold is a much better investment, @brian.rrr !
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it's true
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Well, it would be a good invesment in a country whose local money is not USD. For example, 10 years ago it was worth about 5 TL here, but today 68 TL.
All these prices are very low so you have to wait. Only then you can get all the prices. But if you are buying. So it is a good idea. thank you @brian.rrr
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The price of gold is increasing day by day because every person wants to buy it for its price.