The $2 note has been frequently ridiculed by a significant number of Americans, who have long regarded it as the despised stepsibling of the $1 bill.
Some individuals even believe that $2 notes are either rare, no longer printed, or have been withdrawn from circulation.
However, in 2023, the Federal Reserve reported that there were 1.6 billion pristine $2 bills in circulation, a negligible quantity in comparison to the 14.5 billion $1 bills and 11.2 billion $20 bills.
Credit: Shutterstock Over the past two decades, the banknote has acquired some momentum, despite its widespread underappreciation. In 2004, there were only 0.07 billion in circulation, A mere fraction of the $24.2 billion in currency that year.
The Bureau of Engraving and Printing (BEP) elucidates that “for the majority of their history, $2 notes have been unpopular, being perceived as unlucky or simply awkward to use in cash exchanges.”
According to the BEP, notes were frequently “returned to the Treasury with corners torn off, rendering them mutilated currency and unfit for reissue.