We are pleased to offer for sale this
Two Dollar Bill Green Seal FRN
Series 1976 US Currency Crisp Uncirculated.
These
$2 Green Seal
FRNs are
nice original bills which grade Crisp Uncirculated (CU). These
Two Dollar Reserve Notes
are Series 1976.
Each
bill comes in a currency sleeve for protection.
These
1976 $2 Green Seal Federal
Reserve Notes
will
make a nice addition to any
currency
collection!
Information on these Federal Reserve Note
Series 1976 Two Dollar Bills:
Two Dollar Federal Reserve Notes
have only been printed since the inaugural bicentennial year of
1976. Bills were later printed in series 1995, 2003, and 2009.
The obverse
features a portrait of the third president of the United States, Thomas
Jefferson. The reverse of the bill
features the signing of the Declaration of Independence, a printing of
the John Trumbull original.
Series 1976
were the first two
dollar issues to use this historic piece of art in its
design, with following series keeping the same obverse and
reverse.
Check
out all of our
Federal
Reserve Notes!
What
is a Star Note?
A Star Note
is a bank note minted to replace a defective note that was not fit for
circulation. The Bureau
of Engraving and Printing (BEP) uses these Star Notes to
ensure that the correct amount of currency is created.
The BEP does not replicate the exact serial numbers of the
defective
bills, rather a separate run of notes (with their own sequential serial
numbers) is created to mint the exact number of discarded notes.
These Replacement
Star Notes
are marked with a distinctive symbol, a "star" that is placed adjacent to
the serial number. On Legal Tender
Notes and Silver Certificates the star is where the
prefix (first
letter) of to the serial number would be. On Federal Reserve
Notes the
star is where the block letter (the last letter) of the serial
number
would be.
Historically, Star
Notes
were also used for the 100,000,000th note in a series, the
last note in the block of serial numbers (the numbering
machines could not print over 8 digits). Star Notes are no
longer used for this. Star
Notes occasionally replaced notes from a different series,
as well.
The number of Star
Notes
produced for a series depends on the number of printed bills found to
be defective. The BEP currently
prints Star Notes
in
maximum runs of 3.2 million (100,000 sheets of 32 notes each).
The runs are often significantly smaller depending on how
many Star Notes
are
needed. So what is the value
of a Star Note? The smallest run sizes
produce the rarest, and potentially most valuable, Star Notes!
What
is a Federal Reserve Note?
Federal Reserve
Notes
are United States Currency also known as Greenbacks, Feds, or FRNs.
Federal
Reserve Notes were authorized by an Act of Congress,
December 23, 1913. Federal Reserve Notes
are the main currency that we use today. All Federal Reserve Notes
can be distinguished by their green seals. Federal Reserve Notes
are obligations of the United States and are a first lien on the
assists of the issuing Federal Reserve Bank. These notes are
also secured by a pledge of collateral equal to the face value of the
note. The collateral consists of one of the following assets:
1) Gold Certificates, 2) Special Drawing Right Certificates,
3) United States Government Securities, or 4) "eligible paper" as
described by the statue.
Federal Reserve
Notes are currently issued in denominations of $1, $2, $5,
$10, $20, $50, and $100. The Department of the Treasury
discontinued issuance of $500, $1,000, $5,000, and $10,000 Federal Reserve Notes
on July 14, 1969 because of a lack of demand.