Description: Two dollar national banknotes from 1870 all have the same large number “2” taking up the majority of every bill. Collectors and dealers have nicknamed this bill the “Lazy Deuce” due to the number 2 lying lazily. There aren’t many banknotes with a unique design such as the $2 national banknote.
Just because your bill has the date 1870 on it doesn’t necessarily mean that’s when the bill was actually printed. There was a print run of these $2 national banknotes that lasted 15 years before they finally halted the denomination.
If you want to know the value of your $2 national banknote, you must know a number of factors that determine the value of the bill. The first and most important factor is what bank the banknote was issued for. If you have two $2 bills that look identical in condition except one is from a common bank and one is from a rare bank, the prices can be significantly different. Contact us if you need help determining the value of your banknote today.
Value: The value of most $2 national bank notes from 1870 is based upon condition, serial number, and bank of issue. In some instances, a note will be worth $500. Most sell for around $2,000 but some sell for a lot more.