uncut uncirculated 2 dollar bills

General discussions about canadian banknnotes.
Post Reply
lalyndy1965
Posts: 3
Joined: Tue Feb 23, 2021 10:49 am

uncut uncirculated 2 dollar bills

Post by lalyndy1965 » Wed Feb 24, 2021 8:09 pm

i have 4 (uncut) 2 dollars bills Serial numbers BBU4471414, BBU4473914, BBU4476414 AND BBU4478914

they are in pristine condition

any body know who much they are worth? i looked on here but i dont know what all the codings are for GUNC-67 OR GUNC-66 What do they mean?
Attachments
2.jpg
2.jpg (1.87 MiB) Viewed 2834 times

MakesCents
Posts: 25
Joined: Fri Feb 12, 2021 5:28 pm

Re: uncut uncirculated 2 dollar bills

Post by MakesCents » Wed Feb 24, 2021 8:54 pm

The book value is only around $3-4 each plus maybe a small premium as a novelty.

lalyndy1965
Posts: 3
Joined: Tue Feb 23, 2021 10:49 am

Re: uncut uncirculated 2 dollar bills

Post by lalyndy1965 » Wed Feb 24, 2021 10:50 pm

may i ask how you came to those figures.
cause when i put the serial number into this website it tells me $7 to $57
but i don't know what all the different levels are
Attachments
Capture2.JPG
Capture2.JPG (28.9 KiB) Viewed 2792 times

MakesCents
Posts: 25
Joined: Fri Feb 12, 2021 5:28 pm

Re: uncut uncirculated 2 dollar bills

Post by MakesCents » Thu Feb 25, 2021 12:28 am

There are around 1 billion dollars worth of 1986 $2 banknotes that have never been turned into the bank, unless you had a rare prefix there is nothing special about them. Like I said in my first post, you might get a bit more because you have four uncut bills. I can still find 1937 banknotes at pretty close to face value. It is the same thing with coins, if they are common they don't have a lot of value.

lalyndy1965
Posts: 3
Joined: Tue Feb 23, 2021 10:49 am

Re: uncut uncirculated 2 dollar bills

Post by lalyndy1965 » Thu Feb 25, 2021 9:58 am

yes i understand what you are saying, but like I asked in my second post is why when i put the serial numbers into this website does it tell me different from what you are telling me?

beachcow
Posts: 35
Joined: Sun Sep 27, 2020 10:22 am

Re: uncut uncirculated 2 dollar bills

Post by beachcow » Thu Feb 25, 2021 2:00 pm

Each of the designations e.g. GUNC 67 refer to grades. The highest grade is the virtually unattainable Gem Uncirculated 70. Every tiny imperfection reduces the grade, and price accordingly.

The grades and prices you posted appear to apply to something other than your BBU banknotes. There are some BBP and BBX varieties that may sell for $60 or $70 but BBU notes top out at $10. If your notes were not attached together I would suggest they would be less than $10 due to the waves I can see in the pictures. There are also likely other tiny imperfections, that as a non-collector you may not realize exist, that will negatively affect pricing.

Having said that there are pricing guides for sheet sets of $2 notes. I don't have pricing info on sets of 4 notes. Sets of 40 notes (both 5x8 and 4x10) can be purchased for less than $200.

Hope this helps.

Bill in Burl
Posts: 865
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: uncut uncirculated 2 dollar bills

Post by Bill in Burl » Thu Feb 25, 2021 4:37 pm

With any kind of price guide, whether it is coin, bills, tokens, etc, that is not what you can actually SELL the item for. As with most guides, you would be lucky to get 50% of what the book says from any dealer and most probably less than 70% to a private party. You need to find Ebay or auction actual SELLING prices to see what the worth or value is. It's supply and demand where someone has to actually pull money from a wallet and pass it to you. If there are millions of any item around and less than a few hundred collectors, you may have to be happy with face value or maybe 10-20% over face depending on condition.
Bill in Burl

momomomo
Posts: 144
Joined: Sun Dec 20, 2009 4:59 pm

Re: uncut uncirculated 2 dollar bills

Post by momomomo » Mon Mar 01, 2021 5:58 pm

I agree with Bill!

Price guide and reference books show retails value. You can look at the prices realized at auctions for market/selling values.

Post Reply