How Much Is A 1875 $2 Bill Worth?

Collectors call 1875 $2 bills lazy deuces. The nickname derives from the fact that the large two on the front of each bill is laying on its side. At some point someone said the term lazy deuce and it stuck. The two dollar national bank note was discontinued in 1878, so that leaves just a three year production period. Most 1875 two dollar bills are very scarce today. The most common examples in poor condition are worth around $1,000. Examples from rare banks or bills that are in perfect condition are worth and sell for several thousand dollars or more. Even if a bank was open in 1875 it didn’t necessarily print two dollar bills. There were plenty of dollar coins circulating in the 1870s, so a lot of national banks didn’t bother to print one and two dollar bills because the need was already being satisfied by coinage. Even if a bank did choose to print 1875 two dollar bills, they were still only printed at a rate of one two dollar bill for every three one dollar bill. Most banks that did print $2 bills almost always issued less than 10,000 examples over the entire life of the bank. You can see why some are so rare and valuable today.

Remember that Series of 1875 will be printed on $2 bills in addition to the 1875 charter date. These notes have a rounded red seal. Each two dollar bill should have a red charter number stamped on its face. This numbering system began in 1872 and was active while these were being printed in 1875 and didn’t stop until the end of the national currency period.

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The following national banks printed 1875 $2 bills:

  • Charter 2309 – Eufaula National Bank, Alabama
  • Charter 2248 – First National Gold Bank of Oakland, California
  • Charter 2248 – First National Bank of Oakland, California
  • Charter 2266 – Union National Gold Bank of Oakland, California
  • Charter 2266 – Union National Bank of Oakland, California
  • Charter 2300 – First National Bank of Trinidad, Colorado
  • Charter 2310 – Stock Growers National Bank of Pueblo, Colorado
  • Charter 2250 – Bristol National Bank, Connecticut
  • Charter 2242 – Havana National Bank, Illinois
  • Charter 2254 – First National Bank of Prairie City, Illinois
  • Charter 2283 – First National Bank of Atlanta, Illinois
  • Charter 2287 – Farmers National Bank of Pekin, Illinois
  • Charter 2313 – First National Bank of Kirkwood, Illinois
  • Charter 2234 – Citizens National Bank of Muncie, Indiana
  • Charter 2234 – Union National Bank of Muncie, Indiana
  • Charter 2234 – Merchants National Bank of Muncie, Indiana
  • Charter 2238 – First National Bank of Auburn, Indiana
  • Charter 2215 – First National Bank of Monroe, Iowa
  • Charter 2230 – Valley National Bank, Iowa
  • Charter 2247 – First National Bank of Malvern, Iowa
  • Charter 2298 – First National Bank of Bedford, Iowa
  • Charter 2307 – Iowa National Bank of Des Moines, Iowa
  • Charter 2307 – Iowa-Des Moines National Bank & Trust Company, Iowa
  • Charter 2216 – Farmers National Bank of Mount Sterling, Kentucky
  • Charter 2245 – First National Bank of Mayfield, Kentucky
  • Charter 2276 – First National Bank of Newport, Kentucky
  • Charter 2231 – West Waterville National Bank of Oakland, Maine
  • Charter 2231 – Messalonskee National Bank of Oakland, Maine
  • Charter 2259 – First National Bank of Dexter, Maine
  • Charter 2260 – Manufacturers National Bank of Lewiston, Maine
  • Charter 2267 – Union National Bank of Phillips, Maine
  • Charter 2270 – National Shoe & Leather Bank of Auburn, Maine
  • Charter 2306 – Merchants National Bank of Waterville, Maine
  • Charter 2311 – Camden National Bank, Maine
  • Charter 2232 – First National Bank of Attleboro, Massachusetts
  • Charter 2255 – Orange National Bank, Massachusetts
  • Charter 2262 – Citizens National Bank of New Bedford, Massachusetts
  • Charter 2264 – Packard National Bank of Greenfield, Massachusetts
  • Charter 2265 – Wachusett National Bank of Fitchburg, Massachusetts
  • Charter 2273 – Security National Bank of Worcester, Massachusetts
  • Charter 2275 – Home National Bank of Milford, Massachusetts
  • Charter 2277 – Fourth National Bank of Boston, Massachusetts
  • Charter 2284 – Westminster National Bank of Westminster, Massachusetts
  • Charter 2284 – Westminster National Bank of Gardner, Massachusetts
  • Charter 2288 – Spencer National Bank, Massachusetts
  • Charter 2289 – Metropolitan National Bank of Boston, Massachusetts
  • Charter 2292 – City National Bank of Gloucester, Massachusetts
  • Charter 2297 – Georgetown National Bank, Massachusetts
  • Charter 2304 – Merchandise National Bank of Boston, Massachusetts
  • Charter 2304 – Winthrop National Bank of Boston, Massachusetts
  • Charter 2312 – First National Bank of Webster, Massachusetts
  • Charter 2268 – Merchants National Bank of Winona, Minnesota
  • Charter 2218 – First National Bank of Lancaster, Missouri
  • Charter 2240 – Second National Bank of Nashua, New Hampshire
  • Charter 2299 – Citizens National Bank of Keene, New Hampshire
  • Charter 2243 – City National Bank of Plainfield, New Jersey
  • Charter 2246 – First National Bank of Clinton, New Jersey
  • Charter 2257 – Second National Bank of Red Bank, New Jersey
  • Charter 2257 – Second National Bank & Trust Company of Red Bank, New Jersey
  • Charter 2271 – Bloomsbury National Bank, New Jersey
  • Charter 2224 – First National Bank of Nunda, New York
  • Charter 2225 – First National Bank of Brewsters, New York
  • Charter 2229 – National Bank of Haverstraw, New York
  • Charter 2229 – National Bank of Haverstraw & Trust Company, New York
  • Charter 2233 – Merchants National Bank of Whitehall, New York
  • Charter 2239 – Manufacturers National Bank of Amsterdam, New York
  • Charter 2272 – National Bank of Cortland, New York
  • Charter 2294 – National Bank of Granville, New York
  • Charter 2314 – Traders National Bank of Charlotte, North Carolina
  • Charter 2217 – Second National Bank of Youngstown, Ohio
  • Charter 2219 – First National Bank of Batesville, Ohio
  • Charter 2220 – Waynesville National Bank, Ohio
  • Charter 2282 – Farmers National Bank of Franklin, Ohio
  • Charter 2296 – Commercial National Bank of Toledo, Ohio
  • Charter 2302 – First National Bank of Bellevue, Ohio
  • Charter 2315 – National Bank of Commerce of Cincinnati, Ohio
  • Charter 2315 – National Lafayette Bank of Cincinnati, Ohio
  • Charter 2222 – First National Bank of McKeesport, Pennsylvania
  • Charter 2223 – First National Bank of Montrose, Pennsylvania
  • Charter 2223 – First & Farmers National Bank & Trust Company of Montrose, Pennsylvania
  • Charter 2226 – Citizens National Bank of Warren, Pennsylvania
  • Charter 2227 – Lycoming National Bank of Williamsport, Pennsylvania
  • Charter 2228 – Farmers National Bank of York, Pennsylvania
  • Charter 2235 – Third National Bank of Allegheny, Pennsylvania
  • Charter 2236 – Diamond National Bank of Pittsburgh, Pennsylvania
  • Charter 2237 – Marine National Bank of Pittsburgh, Pennsylvania
  • Charter 2241 – German National Bank of Millerstown, Pennsylvania
  • Charter 2244 – Sharon National Bank, Pennsylvania
  • Charter 2249 – Jenkintown National Bank, Pennsylvania
  • Charter 2251 – Greenville National Bank, Pennsylvania
  • Charter 2252 – First National Bank of Millersburg, Pennsylvania
  • Charter 2253 – Hatboro National Bank, Pennsylvania
  • Charter 2256 – Farmers & Mechanics National Bank of Mercer, Pennsylvania
  • Charter 2258 – First National Bank of Meyersdale, Pennsylvania
  • Charter 2261 – German National Bank of Allegheny, Pennsylvania
  • Charter 2261 – National Bank of America at Pittsburgh, Pennsylvania
  • Charter 2278 – Duquesne National Bank of Pittsburgh, Pennsylvania
  • Charter 2279 – Metropolitan National Bank of Pittsburgh, Pennsylvania
  • Charter 2280 – Citizens National Bank of Ashland, Pennsylvania
  • Charter 2281 – Smithfield National Bank of Pittsburgh, Pennsylvania
  • Charter 2285 – First National Bank of Tarentum, Pennsylvania
  • Charter 2286 – First National Bank of Freeport, Pennsylvania
  • Charter 2291 – Keystone National Bank of Philadelphia, Pennsylvania
  • Charter 2293 – National Bank of Slatington, Pennsylvania
  • Charter 2301 – Perkiomen National Bank of Pennsburg, Pennsylvania
  • Charter 2303 – Western National Bank of York, Pennsylvania
  • Charter 2308 – First National Bank of Lehighton, Pennsylvania
  • Charter 2221 – National Bank of McMinnville, Tennessee
  • Charter 2221 – First National Bank of McMinnville, Tennessee
  • Charter 2263 – National Bank of Newport, Vermont
  • Charter 2274 – Randolph National Bank of West Randolph, Vermont
  • Charter 2274 – Randolph National Bank of Randolph, Vermont
  • Charter 2290 – Barton National Bank, Vermont
  • Charter 2295 – Merchants National Bank of Saint Johnsbury, Vermont
  • Charter 2305 – Peoples National Bank of Brattleboro, Vermont
  • Charter 2269 – Augusta National Bank of Staunton, Virginia