Turbox Posted November 14, 2012 Share Posted November 14, 2012 Simply put, why dont people in the USA use the $2 bill? Inquiring minds would like to know...thanks guys. Quote Link to comment Share on other sites More sharing options...
Knorbu Posted November 14, 2012 Share Posted November 14, 2012 Because if retailers started seeing them used they would raise the price of a 99 cent item to a buck ninety nine. Quote Link to comment Share on other sites More sharing options...
Edgar Posted November 14, 2012 Share Posted November 14, 2012 I read that it was because it was too often confused for $20 bill, $5 bill, or $1 bill when paying or making change in a hurry. Also cash register tills and vending machines are not set up for them. YMMV Quote Link to comment Share on other sites More sharing options...
odysseyrevolver Posted November 14, 2012 Share Posted November 14, 2012 There is a misconception that the $2 bill is rare and therefore perhaps worth more than its face value, so people tuck them away. Quote Link to comment Share on other sites More sharing options...
Turbox Posted November 14, 2012 Author Share Posted November 14, 2012 The stragne part is that the federal reserve/mint continues to print them...but dont put them in circulation... Quote Link to comment Share on other sites More sharing options...
Malcolm Posted November 14, 2012 Share Posted November 14, 2012 Simply put, why dont people in the USA use the $2 bill? Inquiring minds would like to know...thanks guys. That is a funny question from a guy in a country that doesn't even produce a $1 bill any longer. Quote Link to comment Share on other sites More sharing options...
Turbox Posted November 14, 2012 Author Share Posted November 14, 2012 yeah we got a $1 coin and a $2 coin. Quote Link to comment Share on other sites More sharing options...
LarryC Posted November 14, 2012 Share Posted November 14, 2012 Also cash register tills and vending machines are not set up for them. YMMVIt must also be what we are accustomed to. At first I thought there isn't functional room for 2's vs 1's vs 5's, but then we have pennies, nickels, dimes, quarters, etc. However, all US bills are the same size and mostly the same color, while each coin has its own size and knurling or not, so those can be separated easily. Basically, though, I don't think the $2 has a strongly rational niche -- $1's and $5's fill all the needs I have for small bills. The same for $20's and $5's for larger bills -- there are many fewer $10's, it seems to me, and I don't feel the need for a $10 if I have $20's and $5's. Quote Link to comment Share on other sites More sharing options...
Islander Posted November 14, 2012 Share Posted November 14, 2012 The only place I've seen US $2 bills in common use is in Port Angeles, Washington, just south of Victoria across the Juan de Fuca Strait. I usually try to get a few crisp ones when I pass through there, so I can show them to anyone who doesn't believe they exist. I don't know why they're so rarely seen. Years ago, they were thought to be an urban myth by many people. Quote Link to comment Share on other sites More sharing options...
oldtimer Posted November 15, 2012 Share Posted November 15, 2012 It has Jefferson on it. People (americans) love TJ. He must be the favorite founder. He's mine anyway. So it's harder to spend a TJ. Quote Link to comment Share on other sites More sharing options...
Rich_Guy Posted November 15, 2012 Share Posted November 15, 2012 There is a misconception that the $2 bill is rare and therefore perhaps worth more than its face value, so people tuck them away. I think this and also that people just find them as a rare novelty and tend to save them which keeps them out of circulation. I know I have a stash of odd coins and bills I have saved away since they are a bit of a rarity. Quote Link to comment Share on other sites More sharing options...
Turbox Posted November 15, 2012 Author Share Posted November 15, 2012 This is the last year for the penny here in Canada, It will be removeded from production after this year. ie, there wont be a 2013 penny in canada. It should fizzle out of circulation after that. We have also moved to Polymer bills(hate em). I dont particularly like them but apparently it will save money, as they will last longer, with several security features. i did like the cotton/paper bills. Islander, take a new 50 and put the clear maple leaf right up to your eye...look very closely... Anyway, i just wondered what the deal was with $2 bill, i also noticed that the US money has a little color to it now. Quote Link to comment Share on other sites More sharing options...
Don Richard Posted November 15, 2012 Share Posted November 15, 2012 They are bad luck, or so they say. Some people won't take them. Quote Link to comment Share on other sites More sharing options...
WS65711 Posted November 15, 2012 Share Posted November 15, 2012 They are bad luck, or so they say. Some people won't take them. "If it wasn't for bad luck, I wouldn't have no luck at all..." Please send me all your $2 bills [] Quote Link to comment Share on other sites More sharing options...
Daddy Dee Posted November 15, 2012 Share Posted November 15, 2012 Haven't seen a $2 bill in years. $1 coins were a complete fiasco. I wonder why we are still fooling around with pennies. Quote Link to comment Share on other sites More sharing options...
Turbox Posted November 16, 2012 Author Share Posted November 16, 2012 I heard you tried to move to the us $1 coin? Quote Link to comment Share on other sites More sharing options...
mustang guy Posted November 16, 2012 Share Posted November 16, 2012 Haven't seen a $2 bill in years. $1 coins were a complete fiasco. I wonder why we are still fooling around with pennies. Here's what some are doing with pennies: It's cheaper than tile, and can look pretty good. Quote Link to comment Share on other sites More sharing options...
skonopa Posted November 18, 2012 Share Posted November 18, 2012 Haven't seen a $2 bill in years. $1 coins were a complete fiasco. I wonder why we are still fooling around with pennies. Here's what some are doing with pennies: It's cheaper than tile, and can look pretty good. Check this link out: http://www.moneybagsfull.com/2010/08/getting-creative-with-pennies.html Here is one that keeps it audio related: Wonder how that would help/hinder the sound if I take a pair of Klipsch speakers and cover it in pennies. Maybe see if I could get that beat-up pair of RF-7s that I saw in that one thread. [] Also to add, if you are bored and have a pile of coins laying around, you could use them to build some pretty cool structures. Quote Link to comment Share on other sites More sharing options...
Daddy Dee Posted November 18, 2012 Share Posted November 18, 2012 Thanks Mustang Guy and Steve. wow. who knew? Very cool. Quote Link to comment Share on other sites More sharing options...
boom3 Posted November 23, 2012 Share Posted November 23, 2012 IIRC, using U.S. coins other than as a medium of exchange is illegal, but I doubt the Secret Service is going to swoop down on folks using it as floor covering, especially now that cents are just copper-plated zinc.[] Come to think of it, I've also seen coins made into jewlery, money clips and belt buckles, so... I was at the old U.S. Mint in New Orleans last week, and the exhibits reminded me of the coins we used to use, like the 3 cent, and of course all the denominations of gold coins. If the U.S. penny went away, I'd not be sad, but we would see a "rounding up" (never down, of course) of prices that might spur some inflation. OTOH, if the states mandated that the rounding up occured in the sales tax calculations, there might be a welcome uptick in funds for hard-pressed states and cities. Quote Link to comment Share on other sites More sharing options...
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