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Series 1976 first day of issue $2 note with a canceled JFK postage stamp. On November 3, 1975, Secretary of the Treasury William E. Simon announced the reissuance of the $2 note as a cost-saving measure; the new $2 notes would be available from banks on April 13, 1976 ( 1976-04-13 ) , Thomas Jefferson's birthday. [ 27 ]
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
If the $2 bill was minted and printed before 1976, it would likely be worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is ...
The 'Two Cent Reds' were among the last stamps used to carry a letter for 2 cents, the rate changing to 3 cents on July 6, 1932. The rate remained the same for 26 years until it finally changed to 4 cents in 1958. [citation needed]
The proposed rate was rejected by the Postal Rate Commission which chose instead a 15 cent rate (for two ounces, 28 cents) for all mail. Since the 16 and 29 cent stamps satisfied no rate, and were not a convenient round number, they saw little use. The design for the 1 cent stamp was originally designated for a never-issued 26 cent stamp.
1976-S Silver Proof Deep Cameo Bicentennial Quarter: sold for $2,760 in 2007. 1976 Clad Bicentennial Quarter Regular Strike: sold for $1,821 in 2023. More From GOBankingRates