Why did the Treasury Department remove the $2 bill from circulation?
Contrary to the impression of many people, the Treasury Department did not stop circulating the $2 bill. On September 12, 1996, Robert E. Rubin, the 70th Secretary of the Treasury, was presented with a new series $2 bill. The Series 1995 notes were printed at the Bureau of Engraving and Printing’s (BEP) Western Currency Facility and bear the seal of the Federal Reserve Bank of Atlanta. The $2 bill remains one of the American circulating currency denominations. According to BEP statistics, 590,720,000 Series 1976 $2 bills were printed and as of February 28, 1999, there was $1,166,091,458 worth of $2 bills in circulation worldwide. The key for successfully circulating the two-dollar bill is for retailers to use them just like any other denomination in their daily operations. In addition, most commercial banks will readily supply their retail customers with these bills if their customers request them in sufficient volume to justify stocking them in their vaults. However, neither the Treas
AnswerThe $2 bill has not been removed from circulation and is still a circulating denomination of United States paper currency. The Federal Reserve System does not, however, request the printing of that denomination as often as the others. The Series 2003 $2 bill was the last printed and bears the names of former Secretary of the Treasury John W. Snow and Treasurer Rosario Marin. As of April 30, 2007 there were $1,549,052,714 worth of $2 bills in circulation worldwide. Two Dollar Front Two Dollar Back The key for successfully circulating the $2 bill is for retailers to use them just like any other denomination in their daily operations. In addition, most commercial banks will readily supply their retail customers with these bills if their customers request them in sufficient volume to justify stocking them in their vaults.
Contrary to the impression of many people, the Treasury Department did not stop circulating the $2 bill. On September 12, 1996, Robert E. Rubin, the 70th Secretary of the Treasury, was presented with a new series $2 bill. The Series 1995 notes were printed at the Bureau of Engraving and Printing’s (BEP) Western Currency Facility and bear the seal of the Federal Reserve Bank of Atlanta. The $2 bill remains one of our circulating currency denominations. According to BEP statistics, 590,720,000 Series 1976 $2 bills were printed and as of February 28, 1999, there was $1,166,091,458 worth of $2 bills in circulation worldwide. The key for successfully circulating the two-dollar bill is for retailers to use them just like any other denomination in their daily operations. In addition, most commercial banks will readily supply their retail customers with these bills if their customers request them in sufficient volume to justify stocking them in their vaults. However, neither the Treasury Depar
The $2 bill has not been removed from circulation and is still a circulating denomination of United States paper currency. The Federal Reserve System does not, however, request the printing of that denomination as often as the others. The Series 2003 $2 bill was the last printed and bears the names of former Secretary of the Treasury John W. Snow and Treasurer Rosario Marin. As of April 30, 2007 there were $1,549,052,714 worth of $2 bills in circulation worldwide. The key for successfully circulating the $2 bill is for retailers to use them just like any other denomination in their daily operations. In addition, most commercial banks will readily supply their retail customers with these bills if their customers request them in sufficient volume to justify stocking them in their vaults. However, neither the Department of the Treasury nor the Federal Reserve System can force the distribution or use of any denomination of currency on banks, businesses or individuals.
