United States two-dollar bill
Current denomination of United States currency / From Wikipedia, the free encyclopedia
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The United States two-dollar bill (US$2) is a current denomination of United States currency. A portrait of Thomas Jefferson, the third president of the United States (1801–1809), is featured on the obverse of the note. The reverse features an engraving of John Trumbull's painting Declaration of Independence (c. 1818).[3]
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(United States) | |
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Value | $2.00 |
Width | 6.14 in [before 1929: 7.375 inches (187.3 mm)] ≈ 155.95 mm |
Height | 2.61 in [before 1929: 3.125 inches (79.4 mm)] ≈ 66.29 mm |
Weight | Approx. 1[1] g |
Security features | Security fibers, raised printing[2] |
Material used | 75% cotton 25% linen |
Years of printing | 1862–1966, 1976–present (Federal Reserve Note, current form) |
Obverse | |
Design | Thomas Jefferson |
Design date | 1928 |
Reverse | |
Design | Trumbull's Declaration of Independence |
Design date | 1976 |
Throughout the $2 bill's pre-1929 life as a large-sized note, it was issued as a United States Note, a National Bank Note, a Silver Certificate, a Treasury or "Coin" Note, and a Federal Reserve Bank Note. When U.S. currency was changed to its current size, in 1928, the $2 bill was redesigned and issued only as a United States Note. Production continued until 1966 (1967), when United States Notes were phased out; the $2 denomination was discontinued until 1976, when it was reissued as a Federal Reserve Note, with a new reverse.
Because of businesses' banking policies that do not rely on $2 bills, few are produced and therefore they circulate much less than other denominations of U.S. currency. This scarcity in circulation has contributed to low public awareness that the bill is still being printed and has inspired several urban legends about the authenticity, rarity, and value of $2 bills. The lack of public awareness has sometimes made problems for persons trying to spend $2 bills, when they encounter merchants who question the bills' validity. In spite of its production figures, the apparent scarcity of the $2 bill also indicates that significant numbers of the notes are removed from circulation and collected by people who believe them to be scarcer and more valuable than they are.[4]