I wonder why the US $2 bill has not become more popular due to inflation. Think of the many items that could be purchased with a single bill: convenience store coffee, sodas, candy bars, etc. Hardly anything is less than $1, but many things are between $1 and $2.
There’s an article in the current issue of The New Yorker about Sweden’s move towards a cashless economy:
It doesn’t really matter what would be convenient to consumers. What incentive do retailers have to find a slot for $2 bills in their registers? They decide pretty much everything about what circulates under $20.
Sure, but wouldn’t the manufacturers of machines find it profitable to drop one of those components?
Am I correct that the Jefferson $2 note hasn’t had a do-over like the 5, 10, and 20?
The images I can find on-line seem similar in design to the Washington $1, particularly the borders on the note and the images of Washington and Jefferson being in cartouches, unlike the 5, 10, and 20.
That’s correct. There’s little need to redesign it since it doesn’t really circulate. If it became problematic, I imagine they’d just stop making it.
The $2 bill was redesigned for the bicentennial, but that was 40 years ago. It hasn’t changed since.
True. I am sure that ending the printing of $1 paper would lead to more use of the $2, as well as the dollar coin.
Yes, within the terms of what the government makes available. If we were to end production of both $1 notes, and pennies, the remaining denominations for change would fit perfectly into the most-common five-and-five cash-drawer trays.
That’s precisely the reason to pass responsibility over to an anonymous bureau. Then the voters won’t blame any elected official for decisions that they don’t like.
Even before Canada dropped the use of pennies, the merchants simply used the $1 bill slot for dollar coins. Then the $2 slot also.
I think the $5 coin sb about the size of a 50 cent piece, and discontinue that.
I have. For some odd reason, a tiny fold or tear in a corner will render it unusable.
Which is real bullshit (the device, not Northern Piper’s comment!) because Las Vegas has thousands and thousands of bill readers that get used a lot harder than any vending machine’s and they work just fine, with just about any condition bill. I guess what that means is Steve Wynn wants your money more than PepsiCo does.
Coins are evil and should all be abolished. Dollar coins need to be thrown at people who lobby for them with great force.
Chronos and silenus obviously hang out with a better class of vending machines than I do. 
In what way does a standard, five slot till not have a spot for $2’s? There are exactly five paper bills ranging between $1 and $20, are there not? And most places don’t make change with $50’s and $100’s. Heck, given that ATM’s around here only dispense $20’s, the most commonly used denominations for making change should be $10 and under (even the tellers around here give $20’s unless you specifically ask for larger bills), which means even a four-slot till would have a spot for $2’s.
Given that we are used to paper dollars, and they are still available, I’m not so much surprised that dollar coins haven’t caught on; we are creatures of habit, after all. I used to ask for the coins from the bank, until I got gypped on a couple of rolls (about four of the coins were Canadian dollars :mad:) What seems dumb to me is that the highest value coin in wide circulation is the quarter. Cash drawers do still have a slot for half dollars, and there is certainly no reason not to use them when you need to hand back 50¢ or more in coins.
It’s 1, 5, 10, 20, checks and large.
When I used to work the till in retail, we always put the large bills and cheques under the coin tray.
Checks? It’s 2016. When’s the last time anybody paid for anything in a store by check?
Because they’re going to be handing out checks and $100 bills when making change?
When was the last time you stood in line at the grocery store? Plenty do.
*There were 18.3 billion paper checks paid in 2012, and checks accounted for 15 percent of noncash payments that year, according to the Federal Reserve. Plenty of consumers still rely on checks for day-to-day transactions, and many businesses accept cash or check only.
*
I recently helped out at a friends bookstore, and that’s the way they did it. Do you work retail?