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<p>[QUOTE="Troodon, post: 497388, member: 4626"]Simple answer is, because people rarely get them. Banks don't issue them to people unless they specifically ask... and almost all retailers who get any as payment just immediately deposit them at the bank when they get a chance (unless employees who collect them or want them as novelties buy them out of the drawer).</p><p><br /></p><p>So rarely issued, and not long in circulation when they're actually spent, that's pretty much why you don't see many in circulation. Anybody who goes out of their way to get any though usually use them if they're not going to save them.</p><p><br /></p><p>As to how the $2 bill got that way... well it used to actually be as commonly used as the $1 bill, but as the trasition was made from United States notes to Federal Reserve notes, the $2 bill got left out of the loop for about 10 years when the $2 FRN was finally issued. By that time, people had learned to do without it, and people quit bothering to leave a spot for it in cash register drawers. When it finally returned, in 1976, many saw it as a novelty designed to commemorate the bicentennial (especially since The Declearation of Independence painting replaced Monticello on the reverse). Thus, it was just saved, and not spent, even though the Federal Reserve was hoping that people would use it and thus lower the amount of $1 bills they had to print (never worked out that way!). Eventually, the Series 1976 was exhauseted, and 1995 they issued a new series, but it seemed other than people collecting or saving them as novelties, it wasn't getting used much, so quite a few years pass between issues. THere's been a Series 2003 and 2003A since... they're still printed in the millions... just seldom used in actual circulation. Likely theyre will be a new series once 2003A is exhausted, probably not for about another 3 to 5 years though.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 497388, member: 4626"]Simple answer is, because people rarely get them. Banks don't issue them to people unless they specifically ask... and almost all retailers who get any as payment just immediately deposit them at the bank when they get a chance (unless employees who collect them or want them as novelties buy them out of the drawer). So rarely issued, and not long in circulation when they're actually spent, that's pretty much why you don't see many in circulation. Anybody who goes out of their way to get any though usually use them if they're not going to save them. As to how the $2 bill got that way... well it used to actually be as commonly used as the $1 bill, but as the trasition was made from United States notes to Federal Reserve notes, the $2 bill got left out of the loop for about 10 years when the $2 FRN was finally issued. By that time, people had learned to do without it, and people quit bothering to leave a spot for it in cash register drawers. When it finally returned, in 1976, many saw it as a novelty designed to commemorate the bicentennial (especially since The Declearation of Independence painting replaced Monticello on the reverse). Thus, it was just saved, and not spent, even though the Federal Reserve was hoping that people would use it and thus lower the amount of $1 bills they had to print (never worked out that way!). Eventually, the Series 1976 was exhauseted, and 1995 they issued a new series, but it seemed other than people collecting or saving them as novelties, it wasn't getting used much, so quite a few years pass between issues. THere's been a Series 2003 and 2003A since... they're still printed in the millions... just seldom used in actual circulation. Likely theyre will be a new series once 2003A is exhausted, probably not for about another 3 to 5 years though.[/QUOTE]
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