Bicentennial Dollar

The 1976 two dollar bill is a relatively old bill, but most of them aren't worth much more than their face value. However some bills can be worth more depending on a few different factors.

You have one of the “orphaned” Bicentennial Mint Medals. These are hardly ever mentioned in coin publications and seemed to have been ignored by medal collectors. There are two, both in.900 fine gold, one larger than a five dollar gold coin (little over a third of a troy ounce) and one larger than a $10 gold coin (about two thirds of a.

The United States Bicentennial was a series of celebrations and observances during the mid-1970s that paid tribute to historical events leading up to the creation of the United States of America as an independent republic. 1971 Eisenhower Dollar: Minting information, specifications, characteristics, current melt value, and past sales prices. Issued by the U.S. Dec 24, 2019 In 1975, the U.S. Mint began producing special commemorative circulating Eisenhower dollars honoring the 200th anniversary of the signing of the Declaration of Independence. These Bicentennial dollars showcase a dual-dating feature declaring 1776–1976 on the obverse. The Bicentennial coins, including the dollar, have the dual dates 1776-1976. A design by Dennis R. Williams was selected for the reverse of the dollar coin. Williams retained the moon concept to.

This was the year that the United States government re-issued the two dollar bill as a federal reserve note. Also called the Bicentennial Two, the 1976 two dollar bill was redesigned from the previous series. It has a much different look than the 1928 two dollar bill, the 1953 two dollar bill, and the 1963 two dollar bill.

Americans were interested in this bill because it had been a long time since paper currency was redesigned. Previous two dollar bill designs featured Jefferson's Monticello estate on the back of the bill. The back design now featured an image of the Declaration of Independence. In addition, the color scheme also changed. The bill now had a green seal instead of a red seal.

Specifications

Value

These bills aren't rare as many of them were printed- over a half billion. For this reason, most of them aren't valuable. If you have a regular circulated note then it will only be worth its face value of $2. If you have a note in uncirculated condition then it can sell for around $9-15.

It's possible to find bills with low serial numbers which are valued at a small premium. In addition, there are a few other factors that could raise the value of your bill. Below we will examine stamped bills, star notes, and a notable error bill.

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Stamped Bills

The 1976 series was first issued out to the public on April 13th, 1976. People who received first day issues went to their local post office so they can get their bills stamped with the date. The value is slightly higher for stamped bills and stamps with unique city names.

Star Notes

Star notes are replacement notes that have a star before the serial number. There are both common star notes and rare star notes. What separates them is the federal reserve bank from which they were printed from. These bills were printed from 12 different federal reserve banks and two of them are rare. The Federal Reserve Bank of Kansas City and the Federal Reserve Bank of Minneapolis are the rare varieties that you should be looking for. You can check your own bill by looking on the front left hand side to see the issuing bank's name.

The common variety 1976 $2 star notes are worth around $8 in fine condition. In uncirculated condition the price is around $20-25 for bills with an MS 63 grade. The rare variety star notes can sell for around $80 in fine condition and around $150 in uncirculated condition with a grade of MS 63.

1976 Two Dollar Error Bill

There is one notable error for this series, but it's not immediatly noticeable. On each individual paper currency there is a serial number which is shown in two places on the front: the top right and the bottom left. Normally the serial number is the same in both places, but on the error bill the serial numbers are different. In most cases one of the prefixes will be different on the error bill. This was a printing error.

This two dollar error note is worth around $400 in very fine condition. In uncirculated condition the value is around $800.

Grading System

Fine- A note that shows clear evidence of having been in circulation. The note has lost its crispness and its very fine detail. The note has creases but there are no stains.

Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.

MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.

Conclusion

Most people realize that the 1976 two dollar bill isn't quite old enough to become a valuable item. But what most people don't realize is that this bill can be valuable if it has a unique stamp, if it's a rare star note variety or if it's an error bill. Valuable bills should be placed inside protective currency holders.

Sources:

The 1976 Eisenhower Dollars are found in two varieties, identified by the style of lettering on the reverse of the coins. This year, the US Mint was using the special Bicentennial year reverse that featured an image of the Liberty Bell superimposed against the moon. The coins were struck during 1975 and 1976, although all coins carry the dual date “1776-1976.”

The Type 1 coins are generally encountered in lower grades and were minted in smaller numbers as compared to the Type 2 coins.

A total of eight different 1976 Eisenhower Dollars exist as a result of the varieties. The 1976, 1976-D, and 1976-S clad proof coins are found in either Type 1 or Type 2. The 1976-S silver proof and uncirculated coins are only found with the Type 1 reverse.

Bicentennial Dollar Silver

Type 1

The Type 1 variety (Buy on eBay) shows bold, block lettering on the reverse of the coin. This type of lettering can be found on the earliest produced Philadelphia and Denver Mint circulation strikes, the clad proof 1976-S included in 1975 Proof Sets, all 40% Silver Proof 1976-S Eisenhower Dollars, and all 40% Silver Uncirculated 1976-S Eisenhower Dollars.

For the circulation strike coins, the Type 1 coins are much more difficult to obtain in high grades as compared to the later Type 2 coins. This is particularly true for the Philadelphia issue, which can sell for thousands of dollars for examples graded MS66.

Type 2

Bicentennial Dollar Coin D

The Type 2 variety (Buy on eBay) displays thinner, more elegant lettering on the reverse. This type can be found on the later produced Philadelphia and Denver circulation strikes and clad Proof 1976-S Eisenhower Dollars from 1976 Proof Sets.

1776-1976 Eisenhower Bicentennial Dollar Coin

In general, the Type 2 coins are found with much higher quality strikes and higher grades.