Were $2 bills ever a commonly used denomination?

Discussion in 'Paper Money' started by KSorbo, Jul 1, 2014.

  1. KSorbo

    KSorbo Well-Known Member

    I just picked up a 1917 $2 bill and am interested in learning more about the history of this denomination. It is my understanding that the small size $2 notes were never very popular, as the print runs were much smaller than for other denominations, even for the first Series 1928 issues. Is the same true for large size $2 notes? The 1917 $2 Legal Tenders seem to be almost as common as the 1917 $1, but is this because people saved them or because they had a large print run?

    Also, were the $2 notes printed all the way up to the changeover in 1928?

    The guide books have lots of information regarding print runs of small size notes but nothing for large size.
     
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  3. rickmp

    rickmp Frequently flatulent.

    There was a time when people thought $2 notes had some bad mojo. They'd tear a corner off of the note to remove that bad mojo.
     
  4. spirityoda

    spirityoda Coin Junky

    when I lived in California they'd give these out in huge numbers when you went to recycle your soda cans for aluminum $$$. not sure they still do that ??? the bills were crisp UNC too. lol i'd go to deposit them at the bank and they'd look at me funny every single time. lol my girlfriend still collects them. she loves to hoard them. she won't sell them for nothing either lol
    :blackalien:
     
  5. medoraman

    medoraman Supporter! Supporter

    Like half dollars, $2 bills used to circulate more widely. It seems our ancestors were much more open to multipl denominations than we are. What do we even use for money anymore, basically $1,5, 10 and 20 bills, and the only coin anyone cares about is the quarter, with other change simply getting tossed into a jar. I cannot even carry $100 bills anymore since most places give you the stink eye if you try to use one.
     
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  6. medoraman

    medoraman Supporter! Supporter

    Like half dollars, $2 bills used to circulate more widely. It seems our ancestors were much more open to multipl denominations than we are. What do we even use for money anymore, basically $1,5, 10 and 20 bills, and the only coin anyone cares about is the quarter, with other change simply getting tossed into a jar. I cannot even carry $100 bills anymore since most places give you the stink eye if you try to use one.
     
  7. scotts1

    scotts1 Well-Known Member

    I picked up a 1917 $2 bill too a while back that had 2 of the corners torn off. I had never heard about that. Could it be why?
     

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  8. rickmp

    rickmp Frequently flatulent.

    Could be.
     
  9. jensenbay

    jensenbay Well-Known Member

    I have received many older red seal $2s from the bank with the corners torn off. Got 4 of them last week.
     
  10. scotts1

    scotts1 Well-Known Member

    Even though it damages the note, I still find things like this interesting. I feel like it adds to the historical aspect of the note (and can make them more affordable) ;)
     
  11. spirityoda

    spirityoda Coin Junky

    I really like the reverse on that 2 dollar bill. cool 2's :blackalien:
     
  12. scotts1

    scotts1 Well-Known Member

    Thanks spirityoda! Even with the torn corners, it's a nice looking note. One of my favorite $2 bills!
     
  13. TheNoost

    TheNoost huldufolk

    $2 is still the minimum bet at horse races. They circulate at the track.

    I have heard that $2 was the common fee for a lady of the night and the corner was ripped off a in order to protect against STD.
     
  14. scotts1

    scotts1 Well-Known Member

    the more you know.jpg
     
  15. mackwork

    mackwork Caretaker of old coins & currency

    2 dollar bills were used a lot at the horse race tracks when I was a kid. For $2 bets I guess.
     
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