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Why they still print $2 bills

Finn Sawyer (strangeradiocentral.com), 03/11/2019

Contrary to popular belief, 2 dollar bills are still being made. But why? There are several reasons...  

While most people believe that $2 bills are rare or out of print, they are alive and well.

The United States two-dollar bill ($2) is a current denomination of U.S. currency. The portrait of Thomas Jefferson, the third President of the United States (1801–09), is featured on the obverse of the note. The reverse features an engraving of the painting Declaration of Independence by John Trumbull.

Throughout the $2 bill's pre-1929 life as a large-sized note, it was issued as a United States Note, National Bank Note, silver certificate, Treasury or "Coin" Note and Federal Reserve Bank Note. When U.S. currency was changed to its current size, the $2 bill was issued only as a United States Note. Production went on until 1966, when the series was discontinued. Ten years passed before the $2 bill was reissued as a Federal Reserve Note with a new reverse design that commemorated with the United States Declaration of Independence in celebration of the United States Bicentennial.

As a result of banking policies with businesses which have resulted in low production numbers due to lack of demand, two-dollar bills do not circulate as well as other denominations of U.S. currency. This comparative scarcity in circulation, coupled with a lack of public knowledge that the bill is still in production and circulation, has also inspired urban legends about its authenticity and value and has occasionally created problems for those trying to use the bill to make purchases.

Why they still print $2 bills

 
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