New $2.00 Bill ???

[beachsands]

Anyone know if the $2 bills that have been turning up are legitimate? Someone told me they have some sort of laminate on them. My MIL said she has one with Abe Lincoln on it and its marked Chicago on it. I Googled it but didn't find a whole lot on it. One site thought they were going to be like they did with the quarters, a different state each time they are issued.

Interesting, but i was wondering if they are phony or not.

Joel

 

[Rob&Carol Q]

Not a chance in the world that a $2 has a picture of Honest Abe AND is legal tender.

http://www.treasury.gov/services/Pages/coins-currency.aspx

lots of fun info there if you tend towards the geek like I do...

But seriously, the bill is not legal tender. Make no effort to spend it since it is probably someone's idea of a collectors item. A series of Presidential "Gold" dollar coins is presently in circulation and can be picked up at your local bank and they can be spent with no problems...aside from the look you get from the harried cashier...

 

[UWSurfer]

Franky I'd like to see the $1 bill removed from circulation, and issue the $2 bill instead. Roll out the $1 coins back into circulation to make change needed by a $1 device.

That way if you get change you can still make odd amounts, get those $1 coins back in use without people complaining about getting $4 in coin when they buy a small item with a $5.

 

[normab]

I thought there was a 2 dollar bill with Jefferson on it? I remember getting some in the 90s..

And I vote to only have a dollar coin (no bill) and eliminate pennies

Norma

 

[Passepartout]

There are no 'real' State $2 bills. Those are phony as a $3 bill. The genuine article has a picture of Jefferson and is a Federal Reserve Note. Here's a Wiki: http://en.wikipedia.org/wiki/United_States_two-dollar_bill

Jim

 

[beachsands]

I thought they might be bogus. I also thought it was interesting that so many of these phonies have showed up in our area.


Joel

 

[Rob&Carol Q]

Franky I'd like to see the $1 bill removed from circulation, and issue the $2 bill instead. Roll out the $1 coins back into circulation to make change needed by a $1 device.

That way if you get change you can still make odd amounts, get those $1 coins back in use without people complaining about getting $4 in coin when they buy a small item with a $5.

No arguement here...other than the Father of our Great Nation belongs on our currency. From a pure math perspective, and if we are to believe wikiAnswers...

==========
The cost varies a bit depending on the market for its component metals - mostly copper, but with manganese, zinc, and nickel to give it that golden color. In the last couple of years the price has averaged about 14 to 16 cents per coin.

That price is one reason cited in favor of replacing $1 bills entirely. An individual bill costs less to print (around 6 or 7 cents) but $1 bills wear out so quickly compared to coins - < 2 years for a bill vs. 30+ years for a coin - that the life-cycle cost of a bill is far higher.

Read more: http://wiki.answers.com/Q/Cost_to_make_a_dollar_coin#ixzz1fsSXGsrf
==========

So yeah, it makes no sense to keep making one dollar bils...except that people want them. And truthfully, the dollar coins get ugly early. Really quick tarnish with not a whole lot of usage. If you don't mind lugging around a coin that looks like dull bronze...you're good.

 

[fishingguy]

2$ bill are still here

The genuine article has a picture of Jefferson and is a Federal Reserve Note.

I get the Jefferson 2$ notes all the time over the past few years, at a local bank. They are always like they just came out of the press....