$2 Bill Value by Series: Which Two Dollar Bills Are Valuable

1928 $2 Bill Value: Price Chart & Star Notes

Quick answer

Series 1928 $2 Bill (1928 through 1928G) value: worth $7 to $65,000 by grade (Greysheet). Star notes, seals and signatures by series letter.

Updated 2026-09-10 · Sources: greysheet.com

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What are the key facts?

  • Denomination: undefined
  • Series covered: 1928, 1928A, 1928B, 1928C, 1928D, 1928E, 1928F, 1928G
  • Type: United States Note
  • Seal colour: red
  • Signature pairs: 8 (one per series letter, listed below)
  • Star notes: Yes
  • Value range (Greysheet): $7–$65,000

What this series looks like

Series 1928. The $2 note's first small-size issue as a United States Note (Legal Tender Note): the front has the Treasury seal overprinting the United States Note obligation text on the left, with a large gray TWO on the right; the front shows a cropped Jefferson portrait, and the back shows Monticello (Jefferson's home). Red seal and serial numbers.

Signatures by series letter

  • Series 1928 — Tate (Treasurer) and Mellon (Secretary), red seal
  • Series 1928A — Woods (Treasurer) and Mellon (Secretary), red seal
  • Series 1928B — Woods (Treasurer) and Mills (Secretary), red seal
  • Series 1928C — Julian (Treasurer) and Morgenthau (Secretary), red seal
  • Series 1928D — Julian (Treasurer) and Morgenthau (Secretary), red seal
  • Series 1928E — Julian (Treasurer) and Vinson (Secretary), red seal
  • Series 1928F — Julian (Treasurer) and Snyder (Secretary), red seal
  • Series 1928G — Clark (Treasurer) and Snyder (Secretary), red seal

How to confirm the series

  • Red seal and serial numbers
  • The seal on the left of the front overprints the obligation text, with a large gray TWO on the right
  • The back shows Monticello

How much is a Series 1928 $2 Bill worth?

Greysheet (Greensheet & Friedberg CPG) retail value ranges, updated September 25, 2026, from a worn circulated note to a top-grade crisp uncirculated one:

  • 1928 (Fr. 1501): $10–$500
  • **1928 Star Replacement (Fr. 1501*):** $100–$15,000
  • 1928A (Fr. 1502): $18–$1,000
  • **1928A Star Replacement (Fr. 1502*):** $450–$65,000
  • 1928B (Fr. 1503): $35–$4,000
  • **1928B Star Replacement (Fr. 1503*):** $7,500–$20,000
  • 1928C (Fr. 1504): $7–$1,000
  • 1928C Mule (Fr. 1504m): $200–$3,000
  • **1928C Star Replacement (Fr. 1504*):** $110–$2,800
  • 1928D (Fr. 1505): $7–$400
  • 1928D Mule (Fr. 1505m): $7–$500
  • **1928D Star Replacement (Fr. 1505*):** $35–$1,000
  • 1928E (Fr. 1506): $7–$800
  • **1928E Star Replacement (Fr. 1506*):** $1,200–$19,000
  • 1928F (Fr. 1507): $7–$550
  • **1928F Star Replacement (Fr. 1507*):** $35–$2,150
  • 1928G (Fr. 1508): $7–$700
  • **1928G Star Replacement (Fr. 1508*):** $35–$3,250

The low end is a folded, circulated note; the high end is a gem uncirculated note, usually one certified by PMG or PCGS Banknote. Star notes (a star next to the serial number) replaced misprinted sheets and usually sell above the regular note. Condition moves the price more than anything else: a note that has been folded even once is no longer uncirculated. Fancy serial numbers can add more; check yours with the serial number checker.

FAQ

How do I know which Series 1928 letter my bill is?

The series year and letter are printed on the face near the portrait. If the letter is worn, match the two signatures against the list above; each letter has its own pair.

Is a Series 1928 $2 Bill still legal tender?

Yes, at face value.

Does a star make my undefined Series 1928 note rare?

Only if its print run was small. The star alone does not.

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Sources

Compiled by the NoteLens editorial team

Every fact on this page is taken from the sources listed above; numbers and prices are copied from the source, and prices name the guide or auction and its date. Research and drafting were assisted by AI, and each claim was then checked against the cited sources. Checked 2026-09-10. We do not buy, sell or grade items; the app identifies what you photograph and points you to these references.

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