2 Dollar Bills (American)

[Twilight_guy]

I've seen a couple but never owned owned one. There are really quiet rare. Makes me wonder why they decided to not keep making them.

 

[ElephantGuts]

I have a $2 bill. I got it when I went to Monticello (Jefferson's house) that one time we went to Virginia. Damn that was a long time ago.

 

[TxMxRonin]

I have a $2 bill. It's in a frame on my wall cause my mom put it there.

 

[DerpyDerpyDerp]

I have like 20 of them or so. My grandpa had a whole bunch for some reason and gave them to me.

 

[UltimatheChosen]

I've collected two dollar bills for over five years. I now have seven or so (I very rarely come across them).

Makes me wonder why they decided to not keep making them.

I've always wondered that, as well. Instead of one and five dollar bills, we should have one, two, three, and five dollar bills. Using those, you can create any whole number value of currency up to eight using only two bills.

 

[PersianLlama]

Yup, I have five.

 

[Gruthar]

I've collected two dollar bills for over five years. I now have seven or so (I very rarely come across them).

Makes me wonder why they decided to not keep making them.

I've always wondered that, as well.

They do still make them (dammit)! Just not in large volumes.

 

[Melancholy_Ocelot]

I believe strip clubs make frequent use of them, and so do some casinos. Kind of made me inwardly chuckle whenever disheveled guests would use them to pay for stuff in the morning (usually before a meeting.)

They do indeed. My grandma gave me tons as a kid and I kept them for years. Then I blew them all at a boobie bar in college. Good times were had by all.

 

[laikenf]

Don't spend them, for they are considered to be good luck charms.

 

[PirateKing]

I have one. I keep it in a racecar tin in my bedroom. I don't think I'll ever spend it either.

 

[UltimatheChosen]

I've collected two dollar bills for over five years. I now have seven or so (I very rarely come across them).

Makes me wonder why they decided to not keep making them.

I've always wondered that, as well.

They do still make them (dammit)! Just not in large volumes.

As I understand it, they only replace bills that are damaged and removed from circulation. The amount of $2 bills remains roughly constant, rather than increasing as new money is printed.

 

[Irridium]

I have a few, I also have a few 50 cent pieces, you know the coins with JFK on them, not the rapper

 

[GRoXERs]

I have several, one of which I keep in my wallet as emergency money. They really aren't rare. It's hilarious trying to spend them sometimes, because a lot of people apparently don't beleive they're legal tender - I had a cashier at a gas station try to tell me I couldn't pay for my soda with a $2 bill - then she tore the corners off of it, even though it was the only cash I had on me, and she threatened to call the cops when I walked out of the store.

It stopped being funny at that point.

 

[Trivun]

My brother has one.

Oddly enough my parents have 3 dollar bills.

They can't have. I just looked them up, $2 bills are in circulation but there is definitely no such thing as a $3 bill, check with the Federal Reserve. I spent time in America last year and didn't see any $2 bills, but according to the Federal Reserve they do exist and I did see pictures. But $3 bills don't exist, so your parents must have forged bills.

Now, I'm not accusing anyone of anything, before anyone starts. I'm simply stating that counterfeit bills are likely to be in circulation, which of course they always are, I read somewhere a while ago that in either the US or the UK (can't remember which), about 30% or something of notes in circulation are fake. It seems crime really does pay...

 

[Sacell]

I never knew there was a 2 dollar bill until I was tip with it.

 

[Istickell]

All this thread is doing is making nostalgia about 50 cent pieces.

 

[Gruthar]

I've collected two dollar bills for over five years. I now have seven or so (I very rarely come across them).

Makes me wonder why they decided to not keep making them.

I've always wondered that, as well.

They do still make them (dammit)! Just not in large volumes.

As I understand it, they only replace bills that are damaged and removed from circulation. The amount of $2 bills remains roughly constant, rather than increasing as new money is printed.

Sort of. Sure, they do shred and replace $2 bills, but it's impossible to determine (and maintain) what number is actually in circulation; all bills are printed largely according to demand - the number of bills in circulation isn't constant. I usually cringe when citing Wikipedia as a source, but they have good info:

Supplies of the Series 1976 $2 bill were allowed to dwindle until August 1995 when another series finally began to be printed; this series, however, was only printed for the Federal Reserve Bank of Atlanta. Once again, in October 2003, the $2 bill was printed for only the Federal Reserve Bank of Minneapolis after supplies dwindled . A Series 2003A was also issued starting in 2006, in larger quantity and for multiple Federal Reserve Banks, because of an increase in demand for supplies of the note.

Today, there is a common misconception that the $2 bill is no longer in circulation. According to the Treasury, they "receive many letters asking why the $2 bill is no longer in circulation". In response, the Treasury states: "The $2 bill remains one of our circulating currency denominations. According to B.E.P. statistics, 590,720,000 Series 1976 $2 bills were printed and as of February 28, 1999, there was $1,166,091,458 worth of $2 bills in circulation worldwide." However, "in circulation" does not necessarily mean that the notes are actively circulated, only that this is the amount that hasn't been redeemed for shredding. The Treasury states that the best way for the $2 bill to circulate is if businesses use them as they would any other denomination.

The most significant evidence of the $2 bill's reawakening would be that, in 2005 alone, 61 million $2 bills were printed by the U.S. Bureau of Engraving and Printing. This is more than twice the number of $2 bills that were printed annually between 1990 and 2001.

From http://en.wikipedia.org/wiki/United_States_two-dollar_bill

 

[GodsOneMistake]

my neighbors got one

 

[UltimatheChosen]

Sort of. Sure, they do shred and replace $2 bills, but it's impossible to determine (and maintain) what number is actually in circulation; all bills are printed largely according to demand - the number of bills in circulation isn't constant. I usually cringe when citing Wikipedia as a source, but they have good info:

Supplies of the Series 1976 $2 bill were allowed to dwindle until August 1995 when another series finally began to be printed; this series, however, was only printed for the Federal Reserve Bank of Atlanta. Once again, in October 2003, the $2 bill was printed for only the Federal Reserve Bank of Minneapolis after supplies dwindled . A Series 2003A was also issued starting in 2006, in larger quantity and for multiple Federal Reserve Banks, because of an increase in demand for supplies of the note.

Today, there is a common misconception that the $2 bill is no longer in circulation. According to the Treasury, they "receive many letters asking why the $2 bill is no longer in circulation". In response, the Treasury states: "The $2 bill remains one of our circulating currency denominations. According to B.E.P. statistics, 590,720,000 Series 1976 $2 bills were printed and as of February 28, 1999, there was $1,166,091,458 worth of $2 bills in circulation worldwide." However, "in circulation" does not necessarily mean that the notes are actively circulated, only that this is the amount that hasn't been redeemed for shredding. The Treasury states that the best way for the $2 bill to circulate is if businesses use them as they would any other denomination.

The most significant evidence of the $2 bill's reawakening would be that, in 2005 alone, 61 million $2 bills were printed by the U.S. Bureau of Engraving and Printing. This is more than twice the number of $2 bills that were printed annually between 1990 and 2001.

From http://en.wikipedia.org/wiki/United_States_two-dollar_bill

I did not know that. Hmm... They really are useful.

That's it. I'm gonna start trying to promote usage of the two dollar bill. I'll go to the bank, "get SHIT TONS of them", as Darth Mobius eloquently put it, and go buy things with them.