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
