CPM Forum

Foreign => US Currency => Topic started by: Squad-G on April 17, 2013, 10:48:37 am

Title: Value of a 2$ note
Post by: Squad-G on April 17, 2013, 10:48:37 am
Hi,

Today I got a gift from my boss at the job. He gave me a UNC 2$ bill in a frame. Serial number L 04356550 A, 1976 Series ... I am not sure of the name for the signature but I can read "Francine Irving Neff" and "William E. Simon".

Anyone know the value of it? Thank.
Title: Re: Value of a 2$ note
Post by: Seth on April 17, 2013, 04:09:27 pm
There's nothing special about US $2s. They are just ordinary money. They are still produced and are available from just about any bank in the US.

Millions of UNC 1976 $2s are still sitting in bank vaults and regularly make their way into circulation, along with newer 1995, 2003, and 2003A series $2s.

I regularly try to obtain $2s when I visit the US. I spend them all. People's often surprised reactions make spending them fun.
Title: Re: Value of a 2$ note
Post by: Squad-G on April 17, 2013, 04:39:53 pm
Thank you for your information.

I have no book for US currency. I didn't know that they were so easy to find. I'll keep it anyway, it's a nice gift ! Thank you.
Title: Re: Value of a 2$ note
Post by: JB-2007 on April 17, 2013, 11:04:07 pm
Hi,

Today I got a gift from my boss at the job. He gave me a UNC 2$ bill in a frame. Serial number L 04356550 A, 1976 Series ... I am not sure of the name for the signature but I can read "Francine Irving Neff" and "William E. Simon".

Anyone know the value of it? Thank.
It's worth about the same as a common Canadian $2 note in UNC that is around $4. This particular issue (L-A) they printed 82,560,000. I was very surprised to see just how many $2 bills are actually printed, but not used. It makes me wonder why they issued such a denomination in the first place when no one really uses it.
Title: Re: Value of a 2$ note
Post by: Bruxi on April 18, 2013, 08:17:46 pm
Not sure why they are so slow to move to $1 and $2 coins in the US given the cost savings.  Maybe just a little stubborn. ;D
Title: Re: Value of a 2$ note
Post by: Seth on April 21, 2013, 11:02:52 am
The US doesn't have $2 coins. The $1 coin hasn't caught on because there are no plans to retire the $1 bill. The $1 bill is what people are used to and that's what they keep on using. 

Also, I understand that the Crane company that manufactures the cotton banknote paper has a very large team of powerful lobbyists.