The 1995 Two Dollar Bill, also known as the Federal Reserve Note F27456974 B, is a highly sought after currency among collectors. Despite being relatively common, this particular two dollar bill holds a special place in the hearts of many due to its unique design and history. In this article, we will take a closer look at the background and features of the 1995 Two Dollar Bill and why it continues to fascinate and intrigue people to this day.
Background:
The two dollar bill was first introduced in 1862 during the Civil War as a way to save on printing costs by replacing two one dollar bills. However, it was not until 1929 that the design of the two dollar bill, featuring Thomas Jefferson on the obverse and the signing of the Declaration of Independence on the reverse, was standardized. This design remained in circulation until 1966 when it was replaced by the current green seal two dollar bill we see today.
In 1995, the Federal Reserve released the new two dollar bill with the Federal Reserve Note labeling, featuring a portrait of Thomas Jefferson on the obverse and the iconic painting “The Declaration of Independence” by John Trumbull on the reverse. This was the first time in over three decades that a two dollar bill was printed for circulation, making it a significant event in currency history.
Design and Features:
The 1995 Two Dollar Bill is a distinctive currency with several notable features. The obverse of the bill features a portrait of third US President Thomas Jefferson, who is widely regarded as one of the founding fathers of the United States. The portrait is based on a painting by Gilbert Stuart and is accompanied by the inscription “THE UNITED STATES OF AMERICA” and “2 DOLLARS” in bold letters.
On the reverse of the bill, we see an iconic painting by John Trumbull titled “The Declaration of Independence,” which depicts the Founding Fathers gathered in Independence Hall in Philadelphia, Pennsylvania, to draft and sign the Declaration of Independence. The painting is surrounded by the inscriptions “THE DECLARATION OF INDEPENDENCE” and “IN CONGRESS, JULY 4, 1776.”
Another distinctive feature of the 1995 Two Dollar Bill is the red and blue seals on the obverse, which are a nod to the original two dollar bill design from 1862. These seals are placed on the left and right sides of the portrait of Thomas Jefferson and are referred to as the Treasury Seal and the Federal Reserve Bank Seal, respectively.
Collectibility:
The 1995 Two Dollar Bill may not be as rare as some other currency, but it holds a special place in the hearts of collectors and enthusiasts. Due to its unique design, limited printing, and historical significance, it has become a highly sought after currency. In fact, some uncirculated 1995 two dollar bills have been known to fetch over $100 in online auctions.
In conclusion, the 1995 Two Dollar Bill may be just a piece of currency, but its design and history make it more than just that. It is a symbol of our nation’s history and the values and ideals that our Founding Fathers fought for. Whether you are a collector or simply appreciate its beauty, the 1995 Two Dollar Bill is a must-have for any currency enthusiast.