The $2 Bill WILL be redesigned according to the BEP media contact!

i would venture a guess that jcakcoin was referring to the amount of sense involved in redesigning a note that has lost a significant portion of its relevance in the modern cash wallet.

 

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Just out of curiousity, how much profit do you think counterfeiters make, by bleaching a $1 bill, and printing a $2 bill on the same paper, which of both denominations, os devoid of security features? I wonder if they would make fifty cents? A quarter, perhaps? Whatever it is, it can't be much, because You would probably hear about it happening more. I just seems like a really good idea for criminals, if there is even a small payoff, because people rarely check $1 and $2 bills, and even if they do, WHAT are they checking for? I think that, if the $2 bill is redesigned, as the BEP lady said it would be, of all security features that should be added, I would say, at least a watermark or two, if not also a security thread. I once read, about 20 years ago or so that they were considering putting a security thread in the $1 bill. Not sure about the $2 bill, but it would seem logical.

 

Perhaps, it's open for interpretation the way jak stated his comment and maybe he will circle back to clarify for us later.

As it were, we see a comment that the increase in denomination is equal to a decrease of sense when it comes to redesigning notes. Jak's sentence is not even final, because he did not use a period to end of the sentence after the $2 note was mentioned. By extension, taking this across each of the circulating denominations of US currency, jak's example (as it stands) only shows that we can expect sense to diminish as denomination rises. This is not a phenomena that can go on infinitely so I'm not trying to sound absurd, there are only so many denominations, a finite number of denominations in which the sense can diminish, thankfully. LOL!

 

Say, do any of you guys think that these new $2 bills will be popular, and circulate for a few months, before fading away, back into oblivian? It was before my time, but, when the $2 bill was first reissued with the redesigned reverse, for the Bicentennial, I believe that I read that the $2 bill DID circulate fairly well, for a while, then it's usage just died down again. But I do know that the $2 bill was reissued to try to cut back on printing so many $1 bills, if people had embraced the $2 bill.

There was a guy I used to talk to, who said that, redesigning the $2 bill would only make its not circulating problem worse, because people would think even more, that $2 bills are "rare collectibles", while I believe the opposite. I believe that, if people see a NEW design $2 bill, they are going to know and figure that $2 bills ARE still being printed, and are not "rare collectibles" , and thus, would be more likely to quit hoarding them. I don't see how coming out with a new design is going to make them look "rare" and more "valuable". If anything, people should start thinking that other than the $2 face value, most of those $2 bills are worthless.

 

Drago, I applaud your enthusiasm immensely but as you can see how hard it is to convince a small group of collectors about such a note to get excited about this, think how enormous the task of changing public perception. Compare the campaigns of literature the Treasury department has to prepare for the design changes to inform the public, merchants and institutions of what new designs of the more commonly used denominations are, and further to inspire trust in using them. It is a mightly boulder you are pushing up the steepest of hills my friend. Good luck on your mightly efforts!

 

How dare you disparage an entire population. Your words are beyond offensive and your "facts" are beyond reality. There is nothing unreasonable about designing a note so that the visually impaired can determine its denomination.

 

I have disparaged no one. As I have explained, the technology exists to help this very small portion of society. To top it off I cited this technology in the post you quoted to begin with. Banks, the government, businesses, stores with self-checkout machines etc. are going to have to spend millions and millions due to these changes. I can't even fathom what will happen if the notes are made in different sizes. Everything will have to be retrofitted, vending machines that accept more than the $1 bill, currency counters, etc. All because of some activists Rest edited as rant of a political nature.


All because of some activists Rest edited as rant of a political nature.

Well we'll see when I contact the site admin about this tonight. The mods are on an absolute rampage on this forum with editing posts and restricting free and open communication (especially on this thread). It is maddening. I can assure everyone on here that I was not ranting at all, let alone about politics.

 

i have not seen yet???

i have not seen these yet, are they out yet???

 

You mean the new design $2 bills? No, they are not out yet. They are coming out some time after the current new colorized $100 bill comes out. That is when the next redesign will start, but how soon after the new $100 bill, I'm not sure, and I am also not sure which denominations will be redesigned before or after the $2 bill.

Remember, for this fiscal year, the BEP is printing a batch of current style $2 bills that will last until 2014, so I am guessing that 2014 will be when the next currency redesign starts.

 

thanks, i think this would be nice for new one

 

It was a little chilly this morning, saw this thread and decided to come on in. And I'm glad I did, the heat was just radiating off this place!

 

Wow, surprised to see anyone cares one way or the other about the future of the $2 bill. It's not like they're used in daily business at least I don't see them and most people younger than 30 don't even know what they are. What is the importance of a $2 bill? I save them but I don't really collect them. What gives? Nevermind, I guess I should have read the rambling.

"Say, do any of you guys think that these new $2 bills will be popular, and circulate for a few months, before fading away, back into oblivian?" No I don't think the $2 bill will ever be popular.

​

 

This forum does have FREE and OPEN communication until it violates the posted rules. And it is maddening to the mods also as we have to correct it. I am sure the administrator will be glad to talk to you, and if I was in the wrong, he will correct me. Most assume the rules for this forum is like an EULA or other Permission, except one can post here without even reading the rules, but that does not release them from the responsibility. Read them, esp. #8.
http://www.cointalk.com/t34131/


This is not a "regular" internet forum, where anything goes.

Have a nice day,
Jim

 

Desertgem makes some good points but politics is very much intertwined with our coins and currency. This needs to be fully understood by the mods on here. Examples: Mining interests want dollar coins minted while the paper making company in Massachusetts wants paper notes to be printed. Both entities have no doubt been involved in the lobbying of Congress and Congressional decisions which may be made as a result may well impact consumers or collectors on this very forum. Thomas Jefferson will always be on the nickel as Senators/Repesentatives from the Commonwealth of Virginia would Congressionally fight any attempt to remove him, same thing with Lincoln on the penny and the state of Illinois. The examples of politics being intertwined with currency can go on and on. In conclusion, bringing up politics on this forum from time to time is unavoidable as coins and currency are so heavily intertwined with politics, both in the present-day and historically.

BTW: I found this post of a fairly political nature and it has nothing to do with coins or currency... http://www.cointalk.com/t160346/#post1120015 Strangely this post from last March was never edited and it seems far more political than anything I posted on this thread.

 

Yes, we realize that sometimes politics and numismatics are associated. This is mentioned in Doug's rule #8, but what one person thinks should be OK, can offend another. Peter created a TOTALLY SEPARATE forum for Politics, Religion, and World Events ( 2nd subforum in the Cointalk Members category ) for those who wish to state their opinions with more leeway in these areas. I think every member is smart enough to be able to find words to discuss what is needed for the numismatic side without going too far.

As far as finding posts in the past that seem to violate the rules, it is possible, as there are a limited number of Moderators and we are unpaid volunteers, who want to make the forum appropriate for all ages and individuals. So we may miss one sometimes, or our individual estimates allow it by rules. Luckily we have many who agree with the rules, and use the "report post" feature. ( the triangle with an ! in it at the bottom of each post), and this notifies the Mods to take a look.) We can't and don't want to read every thread, we have individual interests also.

I am not writing this to admonish anyone, just to answer the points brought up.

Jim

 

Wow just found this thread I think it is cool that they are going to redesign the $2 bill

 

Every drive up ATM I've seen has had Braille on it.

It wasn't before my time and I saw no increased usage of the two dollar notes after the back was redesigned for the 1976 issue.

You have a "chicken and the egg" problem here though. Unless you get people to circulate them and not hoard them they will never see the new design. They had the same problem with the President dollars. The government thought that haveing new frequently changing designs would encourage people to use the new dollar coins because it had increased the demand for the quarters. What they forgot was that people noticed the new designs on the quarters because people USE quarters. Changing the design on something no one ever sees or uses does not make them want to use it more.

Unless they discontinue the dollar note, then the two will become much more popular.

 

Just wanted to let you all know that I have a 1918 2 dollar (Boston) note up for auction.

 

i know that this is an old thread, but i just heard that the BEP is printing series 2013 $2 bills with Lew's signature, and they are NOT redesigned