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.

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