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2 Dollars Federal Reserve Note
| Issuer | Federal Reserve System |
|---|---|
| Year | 1976-2017 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1785-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | FEDERAL RESERVE NOTE THE UNITED STATES OF AMERICA THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE THE UNITED STATES OF AMERICA TWO DOLLARS |
| Reverse description | Log in to see details |
| Reverse lettering | THE UNITED STATES OF AMERICA IN GOD WE TRUST DECLARATION OF INDEPENDENCE, 1776 TWO DOLLARS TWO DOLLARS |
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| Comments |
The $2 note has been in continuous production since the 1976 bicentennial series launched it as a redesigned denomination — yet it has never circulated freely, largely because the public treats it as a curiosity rather than spending it. Banks rarely stock them, retailers reject them out of unfamiliarity, and vending machines historically weren't calibrated for them. The result is a note that the BEP prints in far smaller runs than any other denomination; the 2003A series, for instance, had a production run dwarfed by every other current Federal Reserve Note issued that year.
The denomination itself was discontinued in 1966 before being revived a decade later. Collectibility has created a self-defeating cycle: the more people save them, the lower the effective supply in circulation, which reinforces saving behavior.