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Coin and Paper Money Collecting/1963 $2 bill with July 4, 1976 post mark

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Question
I have a circulated red ink 1963 $2 bill that has a 13 cent postage stamp attached to the right of the bill's red seal. The cancelled stamp is dated July 4, 1976 from a local post office. Does this cancelled stamp add any value, or is it a novelty item? Thanks!

Answer
The United States $2 bill was redesigned in 1976.  There was a lot of press for the new design and release.  The date of release was April 13th 1976.  April 13th was the day Jefferson was born.  Anyway, for some reason, thousands of people took their new two dollar bills to the post office to get stamp canceled to show that they were from the first day of issue.  People sometimes had them canceled again on July 4th which was the day Jefferson died.  So long story short, it probably adds an extra $5 as a curiosity item, but is certainly isn't rare.  You can always seek the counsel of a rare paper money dealer who can give you an exact value based on serial number and condition.

Coin and Paper Money Collecting

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Manning Garrett

Expertise

I can answer any question relating to valuing US Currency. My specialty is national currency, large-size currency, and small size issues between 1928 and 1957. Many bank notes have variables that can make two seemingly identical notes have very different values. That is why it is so important to work with an expert. I also work with rare Canadian banknotes as well as some foreign currency (mostly British Commonwealth countries). I have participated either as a buyer or seller in more than 500 different coin auctions.

Experience

I have been a full time currency dealer since 2006. I set up at about ten national coin and currency shows per year all across the country. My company has a retail location in Greenville, SC. I also run a website about old money values. I am also currently the director of currency auctions at Stacks Bowers. So I am in a unique position to see, value, and sell millions of dollars worth of paper money on a annual basis. I have been lucky enough to sell hundreds of individual banknotes worth over $10,000. I personally hold several world records for highest price paid for certain categories of banknotes. While I personally don't deal a tremendous amount of coins, I can provide sound advice on where to sell coins in NYC, and other major metro areas across the country. I have seen the worst of the worst and the best of the best when it comes to coin dealers. If you don't want to publicly ask a question then you can always view our coin value guide at Coins.com.

Organizations
South Carolina Numismatic Association (Life Member and Past Board Member), Society of Paper Money Collectors (Life Member), American Numismatic Association (Member), Florida United Numismatist Association (Member)

Publications
Bank Note Reporter, Chicago Tribune, Dozens of Smaller Local Newspapers

Education/Credentials
Clemson University BS in Corporate Finance, Western Carolina University Masters in Accountancy, ANA Summer Seminar 2013 (Coin Grading)

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