old $2 bill help

[whitesid]

does anyone know anything about this bill? and how much its worth.
i bought it testerday for $17.50. i think i over paid cause of the such bad condition. it is dated 1853 and says "bank of Fayetteville" and on top of says north Carolina.

thanks,
whitesid

 

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[diggummup]

Thats a pretty scarce note.Even with the torn/missing piece,I wouldn't say you paid too much.Here's one that sold for $546.25 in fine condition-

 

[whitesid]

how much you think it would be with the rip?

 

[lonewolfe]

how much you think it would be with the rip?

probably about what you paid -

it's "ripped" no matter how you look at it and that makes it non desirable to collectors

cool find though

hh

 

[diggummup]

Lonewolf is right sort of.It's worth about what you paid,maybe a few dollars more but not too much.I will say however that if this were an 1849 series (a very rare note),even with the damage it would be worth at least 10 times what you paid for it,probably more.Sometimes when it comes to rare notes,the rarity will overide the condition.Here's a 1849 $2 Bank of Fayetteville note from N.C. that sold for $718.75.The previous owner of this note searched for several decades to find a better example and never did.Note the many pinholes and the repairs to this note.

 

[hollowpointred]

very cool!

 

[dugupfinds]

Ripped.......it looks like a rat had its lunch

 

[Wetgreenie]

Very cool, I bet you didn't do too bad...