What is the place value of 2 in the number 123?

In the number 123, the place value of the digit 2 is 20. This is because the 2 is in the tens place, which represents a value of 20 (10 multiplied by the digit 2). The digit 2 in this number does not stand alone, but rather contributes to the overall value of the number based on its position within the number.