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Why Aren't There More $2 Bills In Circulation?

Posted on 8/7/12 at 8:39 am
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 8/7/12 at 8:39 am
Damn cool piece of currency if you ask me.

Seems like they should print more of them with inflation and all.

What gives Uncle Sam?
Posted by crosswood
ASCENSION PARISH BOYEEE !!
Member since Apr 2012
82 posts
Posted on 8/7/12 at 9:08 am to
i collect those guys . . . .every month when i cash in my collected change i request hard to find currency. $2bills, fiddy cent pieces, and dollar coins is what i request from the bank teller. they usually look at me surprised as if i handed them a stick up note. 9 / 10 times your bank will have them though.
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 9:10 am to
quote:

every month when i cash in my collected change i request hard to find currency. $2bills, fiddy cent pieces, and dollar coins


Same here. Glad to know I am not the only one. I get the "Da Fuq" look too.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6788 posts
Posted on 8/7/12 at 9:10 am to
I got robbed by the subway cashier last week. She was supposed to give me a $5 and must have given me a $2. I didnt realize it until later that night. Now I havea $2 bill and I dont know what the hell to do with it.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 8/7/12 at 9:18 am to
My grandpa gave my fiancee and I 25 $2 bills at a wedding shower. Also gave a jar of honey because "she won't always be so sweet, your grandmother hasn't been."
Posted by Geaux Smoke
Aspen, California
Member since Aug 2010
1977 posts
Posted on 8/7/12 at 9:29 am to
an interesting side note... Patrick Taylor's wife spoke at graduation and she said her husband bought all the remaining $2 bills when they took them out of circulation (millions worth). she handed out envelopes to everyone graduating with a $2 bill. in one envelope she had $1500 in $2 bills. she said her husband would walk the streets of new orleans handing them out to the homeless.
Posted by joejohnson90
Baton Rouge
Member since Dec 2011
1900 posts
Posted on 8/7/12 at 9:32 am to
dont they still print them?
when i was looking at buying sheets of uncut money from bureau of engraving, i thought they said you could buy $2 bills as well
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 8/7/12 at 9:55 am to
quote:

Patrick Taylor's wife spoke at graduation and she said her husband bought all the remaining $2 bills when they took them out of circulation (millions worth). she handed out envelopes to everyone graduating with a $2 bill. in one envelope she had $1500 in $2 bills. she said her husband would walk the streets of new orleans handing them out to the homeless.


Saw that one. Business college in 2005 or so I think. Oh to have that kind of money....
Posted by El Josey Wales
Greater Geismar
Member since Nov 2007
22710 posts
Posted on 8/7/12 at 11:54 am to
The tooth fairy deals in $2 bills around our house.
Posted by RiverRoadTiger
River Parishes
Member since Aug 2006
663 posts
Posted on 8/7/12 at 12:05 pm to
If you want $2 bills, any bank will order them for you.
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 12:08 pm to
quote:

If you want $2 bills, any bank will order them for you


Is there a charge?
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 8/7/12 at 12:47 pm to
quote:


Is there a charge?

Posted by lighter345
Member since Jan 2009
11893 posts
Posted on 8/7/12 at 1:45 pm to
My mom gives them out as presents it makes giving just cash a little more interesting when they have like 50 $2 bills.

Just go to your bank and ask for them, pretty sure it's free. They will give you crisp ones too.
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 2:10 pm to
quote:

Just go to your bank and ask for them, pretty sure it's free.


Yeah, I do this a couple of times a month. Most of the time I go in looking for fifty cent pieces, and most of the time they do not have any. I have never asked for $2 bills. Someone mentioned you could "order" them from the bank. Just curious if there was a fee associated with "ordering" them.
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 3:29 pm to
quote:

when i was looking at buying sheets of uncut money from bureau of engraving, i thought they said you could buy $2 bills as well


Did some research, is the site below legit? If so, they could have made it a little better looking.

LINK

And to answer the question if they are still printing them, looks like they are, at least as of 2010. Not sure if they are just printing the uncut sheets. Had this note in the description for $2 bills.

quote:

The projected availability of $2 uncut currency sheets for the Public Sales Program is for summer 2012. The time frame is an estimate and is subject to change.


Public Sales Program? Different than normal print?
Posted by joejohnson90
Baton Rouge
Member since Dec 2011
1900 posts
Posted on 8/7/12 at 3:52 pm to
quote:

Did some research, is the site below legit?


yes thats it, its run by the government

i love how for a sheet of 32 $1 bills it costs $61 bucks, talk about a government rip off

that currency should be at a discount since they arent required to cut it

side note: when i'm a true OT baller, i will buy uncut sheets and cut them myself as needed, cant wait to see people's reactions
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 4:05 pm to
Check this link out for a "2012 $2 Single Note" and maybe you can answer a question I have.

LINK

In the description, and I noticed this on other $2 bills, it says:

quote:

The Bureau of Engraving and Printing proudly presents the 2012 $2 Single Note. This product features a Series 2003A $2 note from the Federal Reserve Bank of Kansas City with a serial number beginning with "2012xxxxD.


So, was it printed in 2003? What does the "Series 2003A" mean?
Posted by joejohnson90
Baton Rouge
Member since Dec 2011
1900 posts
Posted on 8/7/12 at 4:11 pm to
really no idea, i dont know that much about money besides i use it to buy things

i tried zooming in to read which treasurer's name is on the bill but couldnt read it, if you can do that, that'll tell you the time frame it was printed

wikipedia talks about it at the bottom of this, apparently that series just indicated the uncut sheets?
LINK
Posted by OnTheBrink
TN
Member since Mar 2012
5419 posts
Posted on 8/7/12 at 4:18 pm to
Thanks for the link... A lot of interesting info for sure... Looks like 2003A represents being printed in Boston...

quote:

Uncut $2 sheets from Series 2003 were printed for the Boston (A), Atlanta (F), Chicago (G), Minneapolis (I), and Dallas (K) Federal Reserve Districts
Posted by joejohnson90
Baton Rouge
Member since Dec 2011
1900 posts
Posted on 8/7/12 at 4:19 pm to
i just find it dumb they printed them in 03 and are holding onto them until now to release them since the serial # matches the year

you'd def be a boss rolling around with uncut bills and using them to pay for stuff though
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