Claim: Old Canadian $2 bills are worth $20,000 each.
MIXTURE OF TRUE AND FALSE INFORMATION
Examples: [Collected via Twitter, October 2014]
— Matt Vardy (@mattvardy) July 21, 2014
Origins: In September 2012, a rare Canadian
$10,000, it also sparked the rumor that all old Canadian
Several publications have penned stories over the years about the $2 bills’ incredible increase in value. On
The article refers only to a very specific set of
Stapleton said that only five of these bills are known to exist, and though that makes them extremely rare, the VP of the Canadian Paper Money Society opined that he was doubtful the remaining bills would necessarily fetch a price similar to that of the one sold in 2012:
Some people are content with low-grade older bills, but condition is often rough because “you’re dealing with a paper product and they can get damaged and soiled easily,” Stapleton said. Anyone seeking currency and coins for investment should “collect the best.”
The Canadian $2 bill has become a bit of a collector’s item since it was withdrawn from circulation and replaced by a coin commonly known as the “toonie” in 1996, but the majority of these bills has not significantly increased in value since ten. It’s possible that a Canadian
Last updated: 27 October 2014
Robertson, Ian. “Rare $2 Bill Expected to Go for $20,000 at Auction.” Toronto Sun. 26 September 2012. D’Alimonte, Michael. “Old $2 Bills Are Now Worth $20,000.” MTL Blog. 9 June 2014.