Comments on: US Banknote Production in June Highest in 8 Months

By: Seth Riesling

Seth Riesling — Fri, 15 Jul 2016 00:12:27 +0000

Munzen –

Interesting! Benjamin Franklin must have had his pockets full of $2 bills at all times, as he was a frequent “guest” at houses of ill repute all over the place (one of his many hobbies! ) & he was a fairly wealthy man.

-NumisDudeTX

By: Munzen

Munzen — Thu, 14 Jul 2016 23:58:04 +0000

Vachon –

Interesting! I guess it’s like the saying “everything old is new again”. Supposedly one of the reasons $2 bills lost favor around the end of the 19th century was that they were used to pay for, uh, “gentlemen’s entertainment” back then as well – but it was, hmmm, a rather more substantial form of pleasure. People stopped spending the denomination due to fear of guilt by association.

By: Seth Riesling

Seth Riesling — Thu, 14 Jul 2016 21:20:12 +0000

Vachon –

Good info! Dancing for $2 bills – a new tv reality show in the making. Lol.

-NumisDudeTX

By: Vachon

Vachon — Thu, 14 Jul 2016 18:21:55 +0000

The rumor I’ve heard about $2 bill circulation is that they’re used in Gentleman’s Clubs so that the dancers will get better tips. Can’t say I blame them. A dollar doesn’t mean much anymore.

But production of the denomination has increased over the years. We’ve had several consecutive series now.

By: Vachon

Vachon — Thu, 14 Jul 2016 18:19:16 +0000

It takes some searching, but there are still a few banks out there interested in providing customer service. As soon as I found a bank that would get me $2 bills and half-dollars on demand, I parked the vast majority my money with them. I’ll admit I have a second account at another bank with a good coin counter to dump the really bad-looking half-dollars in while I spend the rest/give them out in change at work.

You’re reminding me that I need to start asking for $2s again in the hopes I will score a 2013 series 🙂

By: Seth Riesling

Seth Riesling — Thu, 14 Jul 2016 05:11:30 +0000

Munzen –

That is funny. I should ask my bank teller for some silver certificate notes! But it is some of the 12 Federal Reserve Banks that order the $2 notes or the BEP would not be printing them. So they must be circulating somewhere – but where? Lol

-NumisDudeTX

By: Munzen

Munzen — Thu, 14 Jul 2016 03:40:36 +0000

Jim, Seth –
Ditto here. I live just outside a major city (also a Fed district seat if that matters) but even at major banks, asking for twos usually gets the same response as a request for a roll of buffalo nickels.

By: Seth Riesling

Seth Riesling — Wed, 13 Jul 2016 23:00:15 +0000

Boz –

You are so right! Former Treasurer of US Katharine Davalos Ortega is auctioning off her collection of special serial #1 notes she received while in office & the printing plate with her engraved signature used to print notes! They are offered by Heritage Auctions at next months ANA coin show & convention in Anaheim, California. How scandalous is that? She got some of them free as a gift & some she got for face value while in office. Amazing!

-NumisDudeTX

By: Whistler

Whistler — Wed, 13 Jul 2016 20:46:48 +0000

I just ask @ the BANK & get $2 all the time, last visit a fresh pad of 100 w/a BEP strap from “I” although I am in the L district…….great for tips!

By: Boz

Boz — Wed, 13 Jul 2016 20:27:48 +0000

yes i have always wondered the same things about cut and bundled notes
star notes, low serial numbers, repeating digits, poker hands, radar numbers never make it to consumers out of the federal reserve system

evidently they are like concert and show tickets, inside traders have special access through employee contacts. desirable numbers are diverted to currency brokers of various types and to hoarders

they are sometimes sold to collectors at a significant premium, or just never see the light of day anywhere

congress should investigate this and fix the problem
bep is missing the boat, govt should sell and put the premiums against some other debts

what they do sell like lucky notes with three 7’s are not nearly as collectible as stuff they let go at face value, and much of the uncut notes are more novelties than collectible
if it costs 10 cents to produce a note, how much more does it cost to transport and distribute?
this is starting to sound a lot like the penny and nickle…for what a dollar will buy today it is just a scam to cut diwn trees and keep loggers and paper producing banknote supply operators on easy street