Paper money (2)

The first printing of $2 bills was in 1862, just one year after the U.S. Treasury began printing paper money. Initially, the bill featured Alexander Hamilton, but in 1869, the first Secretary of the Treasury was replaced with Thomas Jefferson, whose portrait still graces the tender

 and the back has Declaration of Independence.

The seeming rarity of a $2 bill can be attributed to its low printing numbers as a Federal Reserve Note. Hoarding of the series due to lack of public knowledge of the $2 bill has resulted in very few bills seen in circulation.

Today, there is a common misconception by the general public that the $2 bill is no longer in production. According to the Treasury, it "receives many letters asking why the $2 bill is no longer in circulation". In response, the Treasury stated: "The $2 bill remains one of our circulating currency denominations... As of April 30, 2007 there were $1,549,052,714 worth of $2 bills in circulation worldwide."

Here is a interesting tidbit....Heather McCabe runs a blog, Two Buckaroo, where she documents the reactions of unsuspecting cashiers when she uses $2 bills in everyday transactions. I checked and her blog is still up and running if you are interested.


I believe hubby and I have a few of these put in the safe, how about you?