3x Bicentennial $2 bills, each with four cancellation stamps from Mt. Vernon, VA

Discussion in 'Paper Money' started by jessiG, Jul 30, 2017.

  1. jessiG

    jessiG New Member

    Hi. My grandfather gave me 3x Bicentennial $2 bills that are each stamped with four cancellation stamps (April 13th 1976, July 4th 1976, February 22nd 1982, September 17th 1987) from Mt. Vernon, VA. He would like me to try and sell these for him but I have no idea what they're worth and the internet has been no help either so far. I joined this site in the hopes that someone here may be able to shed some light for me. Anyone know how to value/price these? Please just let me know, I really appreciate it.

    (I can't figure out how to post the pictures on here directly so here are links to see them:
    https://ibb.co/iJ5CH5
    https://ibb.co/jSkZVQ )
     
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  3. ken454

    ken454 Well-Known Member

    welcome to CT jessi, hard to say what they might be worth to a collector, i have 2 with one cancellation each that i paid 8$ each for, you can try searching on ebay to see what people are trying to get for notes like yours...as yours are also stamped "first day of issue" they may be worth a little more to the right collector..
    1976-001.jpg
     
  4. Muzyck

    Muzyck Rabbits!

    May be of more interest to a stamp collector.
     
    Last edited: Jul 30, 2017
    beef1020 likes this.
  5. Coinfrog

    Coinfrog New Member

    That could be right. Either way, I think the value of these three notes is quite low.
     
  6. SteveInTampa

    SteveInTampa Always Learning

    I have a few that have my home postmark, and didn't pay very much for them, about $15 for the pair.

    I consider @clayirving the expert on these, maybe he will chime in.
     
  7. clayirving

    clayirving Supporter**

    That's a nice note and I would absolutely pay $8 for it. It is the Minneapolis Federal Reserve District which is difficult to find, and it is postmarked in Minneapolis.
     
    ken454 likes this.
  8. jessiG

    jessiG New Member

    Thank you so much for the welcome! I've searched the internet all over, including eBay, and can't find any other bills that have the four stamps and the "FIRST DAY OF ISSUE." I might not be searching correctly, I don't know. Complete and total amateur over here!
     
  9. jessiG

    jessiG New Member

    Oh okay! I'll try and research stamp collectors when I get home. He also gave me full sheets (100 count) of a bunch of the alphabet stamps, too. I could kill two birds with one stone talking to a stamp collector I suppose. Thank you!
     
  10. jessiG

    jessiG New Member

    Ah well, if that's true then perhaps I'll just keep passing them down in the family. I'm 26 and don't have children or siblings but do have a younger cousin who might appreciate these one day :)
     
  11. jessiG

    jessiG New Member

    Did you buy them online, if you don't mind me asking?
     
  12. jessiG

    jessiG New Member

    Hi! I actually messaged you a few days ago. I would love your input as you seem to be the guy who knows these things!
     
  13. clayirving

    clayirving Supporter**

    Interesting notes - Mount Vernon was Thomas Jefferson's home.
    • The April 13, 1976 postmark is the first day of issue for the $2 Federal Reserve Note.
    • The July 4, 1976 postmark represents the American Bicentennial.
    • The February 22, 1982 postmark represents the first day of issue for the George Washington 20 cent stamp. The stamp was issued at Mount Vernon to commemorate the 250th anniversary of George Washington's birth.
    • The September 17, 1982 postmark represents the signing of the Constitution which is depicted on the back of the note. On On September 17, 1787, 39 of the 55 delegates signed the United States Constitution.
    It is difficult to estimate the value/price for these notes, because I've never seen anything like them. There is a lot of historical significant for these notes, and someone took six years to create them.

    The second and third notes have consecutive serial numbers. If I were selling the notes, I would try to sell the first note and ask $50-60 for it. If it sells quickly, then you know you can probably sell the remaining notes for a higher price. Also, you may want to bundle the remaining notes as a consecutive serial numbers set.
     
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  14. Muzyck

    Muzyck Rabbits!

    Edit; Duplicate of information already posted.
     
  15. lettow

    lettow Senior Member

    Monticello was Jefferson's home. Mount Vernon was Washington's home.
     
  16. clayirving

    clayirving Supporter**

    Doh! Thanks for the correction.
     
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