1917 2 Dollar Bill Grade/Worth?

Any ideas as to the grade/worth of this 1917 2 Dollar bill?

Thanks


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Shows 1 vertical fold that is faintly seen, which will not allow it to grad higher than Au, or a grade 50-58. It also shows some slight rough handling which puts it in that category. Also, the signatures are common for that note.

 

Can you point out where exactly you are seeing that fold?

Im new to this so Im not sure what to look for exactly. Holding the bill in my hand I would have never have seen it, guess you need to know what to look for...

 

If you look on the back of the note (the scan shows this), you can see a very slight vertical fold that barely breaks the surface right down the middle of the note, as if it were folded in half once before.

 

Hmmm, do you mean Horizontal?

 

yes, sorry. I meant horizontal.

 

Ah, ok. I see it then. So you are thinking AU50 or 58 then?

 

Probably between the two. 50 has a little more wear associated with it than yours does, with 58 having less. maybe 52-54 range.

 

It looks like there are several folds - Like the note was folded up into a small square at one time.

 

Yes, I think I see that now also. You would think the bill wouldn't be so flat if it was folded like that.

So whats that do to its rating, worthless now?

Here's a closer crop, I'm seeing the folds maybe where I placed the red lines:

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I think it may grade somewhere in the 40 to 45 XF range.

 

I know it's not my note, but what's the worth?

 

I would venture a guess in the $200 to $300 range - It's a nice looking note.

 

Thanks for the help everyone!

 

Very nice note! I am fond of this Series as I think you are aware from my recent pick up and posts about upgrading my previous example of a $2 1917/

Do any of those folds have pin-holes? If you hold it up to the light can you see holes through the paper?

I feel the note is a strong 40EF. Raw I'd estimate $175-$210 range. If slabbed by PMG or PCGS you might be able to squeeze a little more out of it.

 

No, no pinholes on it.

Is it something worth being slabbed?

 

It's a personal consideration, but one that I would consider doing with this note.

 

Yes I would like to have it slabbed. Which TPG should I consider for paper currency?

 

PMG or PCGS Currency

It might be worth trying to figure out the grade this note is most likely to receive and also looking up the population reports of each TPG to determine which one might give you the best grade and provide you with the best grade for the population of graded notes reported, as this can help resale value later on if you choose to sell the note after grading.

 

That note is actually the next currency note I've wanted for my collection ever since I purchased a 1917 $1 United States Note. A great era for U.S. currency: