Jamaican $2 Bills: Discontinued 1991, Now Collectors' Items
Jamaica's $2 note was demonetized in 1991 during a currency restructuring. The Bank of Jamaica replaced it with a $2 coin (1990) and higher denominations. The notes are no longer legal tender.
Identifying the Note
- Issued: 1970s–1990 (Series 1970, 1974, 1976, 1981, 1986, 1988)
- Design: Paul Bogle (Morant Bay rebellion leader) on front; Jamaican coat of arms on back.
- Colors: Predominantly purple/violet.
- Security: Watermark (pineapple), security thread, intaglio printing.
- Size: 145 × 68 mm.
Dating Your Bill
Check the series date (front, lower center) and signature combination (Governor/Deputy Governor). Standard catalogs (Pick, Krause) list varieties by series and signature. No "age" per se—just issue series.
Collector Value
- Circulated: $2–5 USD
- Uncirculated: $10–25
- Replacement notes (★ prefix): $50+
- Errors/rarities: Higher
Redemption
Bank of Jamaica no longer redeems demonetized notes. They're purely numismatic now.