$2 bill could be worth up to $20,000, check your wallet

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$2 bill could be worth up to $20,000, check your wallet

Have any $2 bills lying around? You might want to check because they could be worth thousands.

According to U.S. Currency Auctions, some versions of the $2 bill are valued at nearly $5,000.

Here's how to see whether your $2 bill is worth a small fortune

    Turning $2 into $20,000 has never been easier -- if you're lucky.

    Some uncirculated U.S. $2 bills may be worth up to $20,000, but it depends on a few factors, according to Heritage Auctions, one of the largest auction houses in the world. And it's possible that you could have one in the back of your wallet or your kitchen's junk drawer.

    Why? Because many of us are obsessed with holding onto these particular banknotes.

    "Americans don't spend $2 bills, because they think they are markedly scarce. However, the numbers tell us a different story," Dustin Johnston, vice president of Heritage Auctions, told MarketWatch. "Just in the last five years, they've printed 100 million $2 bills. The fact that they don't circulate and are kept as mementos is a little bit odd. Very few of them have numismatic or collector value."

    To find the value of your $2 bill, look at the year and seal color. Bills with red, brown and blue seals from 1862 through 1917 can be worth up to $1,000 or more on the U.S. Currency Auctions website, which bases the value on recent and past paper currency auctions.$2 bill could be worth thousands, check your wallet

    One $2 bill from 2003 with a very low serial number recently sold at auction for $2,400.

    It later resold for $4,000, according to Heritage Auction, the largest auction house in the world that deals with currency.

    The auction site US Currency Auctions estimated that uncirculated $2 bills from nearly every year before 1918 are worth at least $1,000, and bills with a red seal can sell for up to $2,500. Those with brown or blue seals can sell for hundreds.

    The auction site, uscurrencyauctions.com, estimates that uncirculated $2 bills from nearly every year up to 1917 are worth at least $1,000.

    $2 bills with red seals can sell for $300-$2,500 and those with brown or blue seals can sell for hundreds.

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