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Only in Kentucky (pg. 2)
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| rizen |
| LOL occrider, my mom has tons of $2 bills, im going to ask for one and try this, although I remember using them before (and susan anthony coins too, you always get them as change at the bus tix machines) and never had any problems. maybe its only a problem outside of california :p :D |
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| DaveSaenz |
| quote: | Originally posted by MrSquirrel
I can't see the images either...I think the BBC's image links are broken..hmmm.
Sadly, this is not an "only in Kentucky" sort of thing. The vast majority of people in this country don't even know that the largest bill is a 100 and that Ben Franklin is on it.
Though it is odd that someone will accept a fake $200 bill but not accept a $2 bill which is legal tender :mad:
MrS |
The higher denomination bills were discontinued in the 50s I believe.
I believe they were as follows:
$500
$1000
$5000
$10,000
I'm sure there were at one time $10,000 dollar bills in circulation (mostly between banks though).:crazy: :crazy: :eyes: :eyes:
[Grizled prospector]There's gold in them thar hills!!!1[/grizled prospector] |
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| occrider |
| quote: | Originally posted by DaveSaenz
The higher denomination bills were discontinued in the 50s I believe.
I believe they were as follows:
$500
$1000
$5000
$10,000
I'm sure there were at one time $10,000 dollar bills in circulation (mostly between banks though).:crazy: :crazy: :eyes: :eyes:
[Grizled prospector]There's gold in them thar hills!!!1[/grizled prospector] |
Hehe try $100,000.
| quote: | | The largest denomination of currency ever printed by the Bureau of Engraving and Printing (BEP) was the $100,000 Series 1934 Gold Certificate featuring the portrait of President Wilson. These notes were printed from December 18, 1934 through January 9, 1935 and were issued by the Treasurer of the United States to Federal Reserve Banks only against an equal amount of gold bullion held by the Treasury Department. The notes were used only for official transactions between Federal Reserve Banks and were not circulated among the general public. |
But you are right, there was a $10,000 bill too
| quote: |
On July 14, 1969, David M. Kennedy, the 60th Secretary of the Treasury, and officials at the Federal Reserve Board announced that they would immediately stop distributing currency in denominations of $500, $1,000, $5,000 and $10,000. Production of these denominations stopped during World War II. Their main purpose was for bank transfer payments. With the arrival of more secure transfer technologies, however, they were no longer needed for that purpose. While these notes are legal tender and may still be found in circulation today, the Federal Reserve Banks remove them from circulation and destroy them as they are received.
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http://www.ustreas.gov/education/fa...nations.html#q4 |
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| surferfb |
| Man occrider, you're lucky that the security guard knew what a $2 bill was, or you would have never gotten your taco.:eyes: |
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| occrider |
| quote: | Originally posted by surferfb
Man occrider, you're lucky that the security guard knew what a $2 bill was, or you would have never gotten your taco.:eyes: |
Haha no that wasn't me. It was a popular story being passed around the internet that I pulled from www.snopes.com |
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| DrUg_Tit0 |
| Lol, occrider, that was a good story. But now that I think of it, I'm not sure I've ever seen a 2$ bill, although I did live in the states for 2 years. The front side looks a bit familiar, but the back side is totally different from any bill I can remember. I'll make sure though that if I ever go back to the US to supply myself with a large quantity of 2$ bills. :) |
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| PhloTron |
You should definately get your hands on some...they aren't made, but they are still in circulation and almost any big bank will have them. I think I have a about 100 of them. I used to get them from relatives as birthday gifts every year. Mostly 1976's, but I do have a "more rare" 1977 and a couple 96's. when they did a reprint.
I personally think they are the best looking bill we've printed.
| quote: | Thursday, June 12, 2003
WASHINGTON — Like 200 bad pennies, it keeps turning up. The $2 bill, shunned by the American public for decades, could be making a comeback. After seven years, the government is thinking of printing the forgotten greenback once again.
"We do contemplate ordering more $2 notes," said Federal Reserve (search) spokesman David Skidmore. The Fed has been talking to the makers U.S. paper money, the Bureau of Engraving and Printing, about the matter.
The Federal Reserve, the supplier of cash to the nation's banks, had a huge pile of the $2 bills stashed away in its vaults back in 1996, when the last batch of the notes were printed.
Although the Fed still has a supply of the $2 notes, it's a much smaller one. No one knows exactly why, but some blame the human tendency to make a keepsake of an oddity.
"They are collected mostly," said Lyn Knight, president of Lyn Knight Currency Auctions (search). "People like to save $2 bills — kind of like half dollars."
Roughly 9.5 million of the notes are currently held at the Fed's vaults, down from around 160 million in 1996, Skidmore said. (The Fed's inventory of $1 bills, by comparison, stands at 2.37 billion.)
The Bureau of Engraving and Printing (search) may print 121.6 million new $2 bills in fiscal year 2004, which starts Oct. 1, said BEP spokeswoman Claudia Dickens.
"Around July or August we will be able to confirm that number positively," she said.
When new $2 bills were last printed in 1996, some 163.6 million of the notes were made. The government stopped making the bills because there wasn't much demand for them from banks and their customers. Cash registers typically don't have bins for the $2 note.
"I think people are just saving them. The general population, when something is unusual in terms of money, they pull it and set it aside — 'Gee, I haven't seen one of those,'" said David Sundman, a paper money expert and president of Littleton Coin Co. "It is just human nature."
Some people like to give them as gifts or use them at $2 betting windows at horse racetracks, a few money mavens suggested.
The $2 note can be traced back to the days of the American Revolution, when the Continental Congress (search) issued $2 denominations in "bills of credit for the defense of America," the bureau says. Some experts say there were cases of $2 notes even earlier.
The current $2 bill, features the visage of Thomas Jefferson, the nation's third president and author of the Declaration of Independence on the front. On the back of the bill, the signing of the Declaration of Independence is featured. This version of the note came about in 1976 to celebrate the U.S. Bicentennial.
Around 655 million $2 notes are currently in circulation worldwide.
Even so, "people don't see many of them and aren't used to seeing them," said Doug Tillett, a spokesman at the Federal Reserve Bank of Chicago. "You have to think back to seventh-grade civics and think, 'Is this legal tender? Is there a $2 bill?'"
The bureau doesn't have plans to make over the $2 bill as part of its broader, redesign effort. A new, more colorful $20 bill aimed at thwarting high-tech counterfeiters is first in line for the new look and will be put into circulation later this year. The $20 bill is the most knocked-off note in the United States.
The $2 bill could became a staple in cash registers and wallets, if the government ever were to decide to give the $1 bill — the most commonly used bill in the United States — the boot, experts said. But barring that unlikely event, the $2 bill — just like the penny — is probably going to stick around for a while, experts said.
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| fuct4less |
| quote: | | But a cashier at a Dairy Queen fast food restaurant in Danville, Kentucky did not notice anything unusual when a woman used the note to pay for a $2 ice-cream and gave her $198 in change. |
really, rednecks have reached a new low. |
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| daffodil |
| quote: | Originally posted by occrider
Hehe are you referencing this story:
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haven't read this forum in a bit, so i'm catching up...
occrider, that's the funniest thing i've heard in a while! people like to give me $2 bills as part of my tip when i'm waitressing, and they always assure me it's real money. i had $2 bills when i was 6, i didn't realize so many people had never heard of them.
was this landmark mall or somewhere equally ghetto? |
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| MrSquirrel |
| quote: | Originally posted by daffodil
was this landmark mall or somewhere equally ghetto? |
You can honestly call Landmark a mall? :p
I think he found the story somewhere and pasted it though.
MrS |
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| mndeg |
| quote: | | But a cashier at a Dairy Queen fast food restaurant in Danville, Kentucky did not notice anything unusual when a woman used the note to pay for a $2 ice-cream and gave her $198 in change. |
haha |
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