The Bank of Canada stopped producing them in 1996 (the $1 bill was discontinued in 1989). As of January 1, 2021, the $1 bill and $2 bill are no longer legal tender. This means that you cannot use them in a cash transaction (stores do not have to accept them), but you can turn them in at a bank for their face value.
A $2 bill printed in 1986 with the AUH-prefix within the seven digit serial code in really good condition could be worth up to $5,000 today.
That link takes only to a general Sun page, but I was able to track down the story. Apparently, it was $114 in $2, all sequential, and some with smeared ink. So it wasn’t merely $2 bills.
But yeah, arrested and rather quickly released as soon as the Secret Service got there. I will bet he sued.
They, along with other uncommon or new notes and coins, are also dispersed as change at US Post Offices. I guess distributing through Federal entities is the best way to convince the public they are legit.
This is why Canada did not ask the opinion of Joe Public in 1989 when they got rid of the dollar bill and went to coins. It was the logical, reasonable thing to do, and has saved millions of dollars. If the US had made the switch at the same time, they would have saved over 4 billion dollars by now.
Best not to let emotions take over from logic and money savings. Sometimes the government gets it right.
This is a hijack so I’ll keep this brief. Bull crap.
This isn’t a court of law. Hell, it’s not even GQ/FQ/GD.
His statement was an off-hand anecdote. Not the premise of some argument. Read the context.
If I say “the Queen died this week” in some casual discussion about celebrities, I’m not required to provide a cite. That’s not conducive to a friendly, lively discussion.
Responding with a “Cite?” comment is essentially telling the poster that he’s a liar and he’d better put up or shut up. It’s combative and rude.
So yeah, if there’s a random factoid mentioned in passing that was not familiar to you…maybe try and educate yourself before challenging the poster. It makes you look petty, like you’re trying to win a game of “gotcha”.
@ekedolphin doesn’t need me defending him/her, so I’ll leave it there…but that junk doesn’t make this a very welcoming place.
Disagree. We here are fighting ignorance. How much ignorance is spread because we “know” something happened because we heard from a friend-of-a-friend? I remember hearing a long, long time ago (30+ years) of a guy successfully suing a chainsaw manufacturer because he propped a ladder on a branch, then cut the branch off and (unsurprisingly to anyone with two brain cells to rub together) fell and injured himself. I have NEVER seen that story reported by a reputable source. Were I to claim it true, I would hope someone would call me on it.
I used to take kaylasmom to a low-priced steakhouse in Newport Beach, where the owner insisted that all checks be rounded down to the nearest fifty cents. You could pay with dollar bills, I imagine, but you’d never get them in your change. It would always be in $2 bills. If your change came out to an odd number of dollars, you’d get a SBA coin and/or a half dollar.
Just one of the ways Sid Soffer differentiated himself from the pack.
Ha! When I lived in Ontario, I’d hoard all the $2 bills I got in change during the week, from buying coffee, lunch, and so on. Why? Because they were so useful at the racetrack on the weekend.
The mutuel tellers could make change, of course, but the transaction went so much more quickly if you could just slap down a $2 bill and say, “Woodbine, in the fifth, two bucks to win on number five.”
I remember only one case where I’m positive I had a $2 bill in my wallet, and that was in Arizona in 2000. I don’t remember where I got it, but since I was a nerdy teenage kid at the time it must have been something mundane. I also remember that my main fear was that I wouldn’t be able to get rid of it, since someone told me that those bills were unusual and that some people might therefore believe them to be genuine.
Perhaps I was simply lucky, and I suppose the move towards cashless payments would make it even less likely today.
Oh, and I remember getting a handful of dolllar coins as change on a bus in NYC in 2013, but I suppose it makes sense for a transit authority to give lots of them to its drivers for change. Easier handling with a coin dispenser than bills.
I can overlook the many spelling errors in the OP, but not this factual error. The US two dollar bill was first put into circulation in 1862, not 1976. Production was suspended in 1966, being resumed in 1976, not “created” in 1976. In my line of work I do, occasionally, see a 1966 or earlier $2 and have to reassure the younger cashiers that yes, it is actually legal US currency. The backs of the pre-1976 $2 have Monticello on the reverse rather than the signing of the Declaration of Independence.
Again, incorrect. 1928 is the second-most-recent design, and it’s unlikely you’ll see any older ones in circulation but the really do date back into the 1860’s.
I get as many $2 bills as I can every time I’m at the bank and use them for tips in Vegas. Doesn’t matter how many advantages coins have over bills - bills are lighter, quieter, don’t wear out your pants pockets and can be stuffed into g-strings.
35 years of experience with dollar coins have shown me that they do not wear out my pockets, I don’t really stress over how noisy my money is, and my need to stuff g-strings is not that frequent. (And tipping a stripper a measly dollar? Come on man!)
