Do you own a $2 Dollar Bill ?

[Saulbadguy]

Originally posted by: BoomerD

Originally posted by: Saulbadguy

Originally posted by: BoomerD
They USED to be very common...To me, it's just another bill. No different than a $1 or a $10 (except for the value...duh)

They were never very popular. It was sort of "taboo" to have a $2 dollar bill because back in the day that is what prostitutes charged, hence the term "2 dollar whore".

WTF?

They used to be VERY popular...especially in places with horse race tracks...the minimum bet used to be $2. Growing up as a kid in the 50's and 60's, $2 bills were everywhere.

 

[dullard]

No, I don't have a $2 bill. But when I do get one, I always spend them the same way. They are a perfect tip at most restaurants for one diner (or two diners at cheap restaurants).

Originally posted by: geno
Question, can they legally refuse to take such tender? I've seen places refuse large bills, even if they have the correct change. I've always thought they couldn't, but then how do so many places get away with refusing large bills?

That is a common misconception. US currency is legal tender. Meaning that you can legally pay your bills using US currency instead of bartering something of intrinsic value. It does NOT mean that private companies must be forced to accept them. Just imagine how forcing all people and all companies to take anything would completely kill some industries (think gum machines being forced to accept $100 bills and give proper change; even if they could do so, they'd be targets for theifs with so much change inside at all times).

 

[alkemyst]

Poor people throw dollars at strip clubs, stupid throw $100's.

A TRUE BALLAH throws the $2 bill y0!

 

[waggy]

my bank gives them out all time. i will ask for them every now and then. its fun to confuse the idiots at walmart, target, and fast food shops.

 

[drum]

I have 2 of them.

 

[JDub02]

I keep them stashed around as emergency money. I won't spend them like I will 10's and 20's.

 

[Steve]

I have one I keep on my dresser. I used to get dollar coins as change from train station machines that vend transit cards.

 

[TheSlamma]

Originally posted by: pravi333
i have never seen one before

time to crawl out of the basement.

 

[Homerboy]

They are great to give to the kids for tooth fairy and the like. They think they are cool as hell.

 

[jonks]

theres no such thing as a $2 bill

old story

 

[imported_Champ]

$2 bills are for fools

its all about the $2 coins

 

[BoomerD]

http://en.wikipedia.org/wiki/U...States_two-dollar_bill

 

[Eeezee]

Originally posted by: geno

Originally posted by: Marlin1975
I get $2 bills and give them to my nieces and nephews.

Also use a LOT of them if a business gets on my bad side. :evil:
That and dollar coins.

Question, can they legally refuse to take such tender? I've seen places refuse large bills, even if they have the correct change. I've always thought they couldn't, but then how do so many places get away with refusing large bills?

Federal law requires that all federal currency is legal tender in the US.

So you can pay with a $100 bill at 3AM in 7-11 by federal law. Individual states may have laws that allow vendors to accept only smaller bills.

 

[Paperdoc]

In Canada the $2.00 bill was quite common. However, some time ago the $1.00 bill was replaced with a metal coin. $1.00 bills get used so much that they wear out quickly and need replacement. Converting to a durable metal coin saves the national Mint a chunk of change (sorry about that pun!) keeping them in circulation. It also saves money for the vending machine business. Machines selling smaller items can avoid the cost of complex paper bill scanners and use only metal coin systems. The coin design features a picture of a familiar Canadian and American waterfowl, the Common Loon, so the coin quickly became known as the "Loonie".

After that successful conversion the next bill replaced was the $2.00 one. Its coin is an interesting 2-piece design with a brass-look centre and a silver-look outer ring. Following the "Loonie" precedent, this $2.00 coin is called the "Two-nie" or "Toonie". (One fast food chain has a regular promotion for a cheap lunch on "Toonie Tuesdays".) Same reasoning - costs to keep in circulation, and simplifying vending machines. In Canada, vending machines need paper scanners only for bills $5.00 and up.

 

[runzwithsizorz]

They are somewhat a novelty, but not, IMHO worth saving/hording. Also, I think it would be a PITA for a merchants cash drawer. I do however save silver certificates, now theres a bill you don't see floating around too often.

 

[PepePeru]

i have one in my change can (coffee can for spare change)

i just keep it for posterity

hopefully i'll never need to spend it.

 

[dullard]

Originally posted by: Eeezee
Federal law requires that all federal currency is legal tender in the US.

So you can pay with a $100 bill at 3AM in 7-11 by federal law. Individual states may have laws that allow vendors to accept only smaller bills.

FALSE. I posted the US Treasury information above that says you are wrong. Legal tender says that the currency can legally be used. No federal law says that anyone can be forced to take it though. By federal law, anyone can make their own rules about taking certain forms of currency (including 7-11). A local law MIGHT say so, but I've never seen one. You are either completely wrong or you have it mostly wrong and the rest completely backwards.

 

[BrokenVisage]

Not only do I have a $2 bill, I carry around one from 1953 with a different back picture that someone used to pay for crap at my first job as a cashier.

 

[oogabooga]

I don't have one, I think I ran into a tight spot and deposited everything I had coins, change, everything =

I guess it wouldn't be too hard to go grab another, but I don't care.

I know a friend who does work as a speaker hands out two dollar bills during his gig. 1 dollar is too little to get people excited about( and this is partially true with 5 and even 10 bucks), 20 is where people are interested... but that is too much to give out for a speaking gig, so he uses 2 bucks, since the novelty makes them as attractive as a 20 but at 1/10th the price.

 

[thegimp03]

I have one hidden away. It'll be cool to show my kids some day.

 

[ivan2]

counterfeit bills, I tossed them out.

 

[Old Hippie]

I have a sheet of 16 ( eight to a side ) of uncut 1976 2 dollar bills in a frame.

I bought them from the mint in '76 for Bicentennial shits and giggles.

 

[jhu]

europe uses 2 euro coins. it's quite convenient. wish we'd do that too.

 

[SparkyJJO]

I've got several of them stashed somewhere, I forget how many. I could never use them because my parents thought they might become worth more later. I dunno. Now I am not really pressed for money so I figure heck at this point might as well hang on to them for now.

 

[AmdEmAll]

I have a mint 1976 $2 bill. Not sure if its worth anything other than $2 though.