$2 bill decisions: keep or spend?

Discussion in 'Paper Money' started by dave_in_delaware, Dec 10, 2016.

  1. dave_in_delaware

    dave_in_delaware Active Member

    Between the 9 different banks I've been visiting over the last few months, I've accumulated 601 $2 bills.

    Some are in very nice, crisp, "new" condition with no writing, rips, tears, or creases.

    Some are in very horrible condition, extremely worn, hard creases, written on with ink, stamped with tracking info (I especially hate that), or previously ripped and taped back together.

    I have 2 * notes. I have some 1995 and 2003 with the B at the end of the SN. I have a few from different years that have consecutive SN's (keeping those of course).

    I wanted to ask the collective here: do you only keep the nice bills, and spend the crappy looking ones? Or do you keep some of the not-so-nice ones in case they end up helping with consecutive SN's you might have already? Do you keep only the lowest SN's?

    What's your "method to your madness"?

    I want to spend some of these on other numismatic items. I'm just trying to decide how to decide which ones to spend/keep.

    Thanks for your input. It's always appreciated.
     
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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    IMHO
    You have $1202.00 in $2.00 bills
    Spend them. Low SN mean nothing unless they are 999 or less
    Star notes.. Will go up $1.00 in value in about 20 years. Not worth keeping.
     
    dave_in_delaware likes this.
  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

    $2 notes are common but they are fun. If I were you I would spend the bulk of that $1200 and buy a handful of nice pieces.

    Decide how you want to collect and go through them. Perhaps you want to keep your nicest example of each federal reserve bank from each series. Perhaps you want to keep the stars and any fancy serials. Perhaps both. But I would imagine the vast majority are just spenders and imho you could have something much nicer with that money.
     
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  5. Hommer

    Hommer Curator of Semi Precious Coinage

    Not worth the trouble to sell on the internet, but there are places in this country that they are rarely seen. The older consecutive notes may make you a buck or two for the lot, if sold on a non commission venue like Facebook. I save the really nice notes and trade them at shows for something I like better. Cash is still king, even when buying at a coin show, and I kinda feel as if I get just a little more buying power with the older $2s. I know when I pull out a stack, the dealers always smile. Come to think of it, even convenience store clerks smile too.
     
    dave_in_delaware likes this.
  6. scottishmoney

    scottishmoney Buh bye

    Most people like getting them as tips in restaurants etc.
     
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  7. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    I keep all the 1976 Series in AU and better especially if they come in consecutive numbers. I keep some of the stars too.
     
    dave_in_delaware likes this.
  8. dave_in_delaware

    dave_in_delaware Active Member

    Thanks for your replies everyone!

    I've been collecting them mostly because I think they're neat, and not usually seen in daily transactions. I never thought they'd be worth much over face value.

    I've already gone through my list (I've cataloged each one) and picked out the ones that are in very bad shape, high SN's, etc. I'm taking an envelope full of $2 bills to spend at my dealer's store later today.

    I've kept some of the nicer ones. Wasn't looking to sell them quite yet, but it's interesting to think that there are places in the USA where they're rarely seen.

    Yeah, I've spoken with some of the waitresses at a favorite local restaurant (my wife and I are regulars) and they like getting them as tips.

    I'm keeping the stars and anything consecutive and crisp.
     
  9. NOS

    NOS Former Coin Hoarder

    This is not quite accurate. I know of a forum where four digit notes (9999 or less) are desirable and where more than face value will be paid for them. What is seen as a "spender" to one collector may be sought after and desirable by another.
     
    paddyman98 likes this.
  10. Clawcoins

    Clawcoins Damaging Coins Daily

  11. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Ok.. that's cool with me ;)
     
  12. chascat

    chascat Well-Known Member

    I keep the 1953 series RED SEAL U S NOTES if they,re in nice shape.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Recycle back through the system for another group of two,s
     
  14. Clawcoins

    Clawcoins Damaging Coins Daily

    the 2 small $2 bill series that I have each are different. So if you like the images on them, or one or the other, keep a few good samples of them.
    There's also large $2 bills (or more, I'm not a paper note person).
    IMG_8978.JPG IMG_8977.JPG
     
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  15. Clawcoins

    Clawcoins Damaging Coins Daily

    I stopped at my CU today and asked about the $2s
    I can get them still in bundles of 100s ($200).
    They say a lot of people ask for them around the holidays for presents and they are used as tips on cruise ships and in mexico.
     
  16. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    How much wood would a woodchuck chuck if a woodchuck could chuck wood?
     
  17. Clawcoins

    Clawcoins Damaging Coins Daily

    about $2 bucks worth ...
     
  18. chascat

    chascat Well-Known Member

    On Apr. 24, 2016 a school girl was detained by police in Houston, Tx for paying for her lunch with a $2 bill her grandmother gave her. No one had ever seen one! LAME!
     
  19. Hommer

    Hommer Curator of Semi Precious Coinage

    Saw a brand new 2013, $200 bundle of twos, sell at auction Monday for $241 plus 17% buyer's premium and $9 shipping, no special serials in the bunch.
     
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    Seriously? I might just go to my CU and get a new bundle. They have them. This goes along the line of ppl just don't know where to get them for actual value.
     
  21. Hommer

    Hommer Curator of Semi Precious Coinage

    I get them all the time at a bank close to where I work, but that is 75 miles from where I live. If someone had to drive 100 one way to get them, then actually find a bank that would sell them to you without an account, I can see the justification.
     
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