Description: (25) $2 Mint RARE Uncirculated TWO Dollar Bill $2 Consecutive Chicago Reserve FRESH FROM BEP PACK Shipped in Protective sleeve inside a bubble envelope inside a Box so to protect and keep your purchase safe.These are some really nice $2 notes that we hand selected from the original BEP brick and we only have a few left in the original straps and can't get any more until late next month. These notes are from the Chicago Reserve Bank which is rare and hard one to find. Don’t miss this great deal on these hard-to-find notes on this great offer and purchase today! You will not be disappointed.We are collectors first and dealers second. With over 30 years in the Hobby and almost 20 of those buying and selling here on eBay we have firsthand experience of both sides of the deal. Your purchase will come promptly professionally packaged to insure safe delivery. We promise you will be pleased with your purchase and for any reason you are not reach out to us and we resolve all issue quickly and fair. You can purchase additional lots and if possible each strap will be sequential in numbering. Check out our Ebay store and other auctions for more deals on new and graded currency. Don't see exactly what you want? You want to purchase 5 or 10 or 25 $2 bills or a combination of $5,s or 10's etc. Just let us know and we can make a special deal that is right for you. Just send us a message. Shipped with Tracking USPS Ground from Wichita Kansas USA! Great for gifts and collectors. $2 bills are known to be good luck! Fresh from MINT BEP pack. Quick shipping!! The United States $2 bill is a current denomination of U.S. currency. Former U.S. President Thomas Jefferson is featured on the obverse of the note. The engraving of the Declaration of Independence by Asher B. Durand (based on the painting by John Trumbull) is featured on the reverse. The design on the obverse (excluding the elements of a Federal Reserve Note) is the oldest design of current U.S. currency, having been adopted in 1929; the reverse is the second oldest design, having been adopted in 1976.In spite of its relatively low value amongst denominations of U.S. currency, the two-dollar bill is one of the most rarely seen in circulation and actual use. They are almost never given as change for commercial transactions, and thus consumers rarely have them on hand. Production of the note is quite low; approximately 1% of all notes currently produced are $2 bills. This comparative scarcity in circulation has led to an overall lack of public knowledge of the $2 bill and has also inspired urban legends and folk beliefs concerning it.Throughout the $2 bill's pre-1928 life as a large-sized note, it was issued as a United States Note, Silver Certificate, Treasury or "Coin" Note, and a Federal Reserve Bank Note.The denomination of two dollars was first used by the United States federal government in July 1862. The denomination was used continuously until 1966 when the only class of U.S. currency it was then assigned to, United States Notes, began to be discontinued; it initially failed to be reassigned to the Federal Reserve Note class of United States currency; the Treasury Department cited the $2 bill's low use and unpopularity as the reason for not continuing use of the denomination. In 1976 use of the two-dollar denomination was resumed as part of the United States Bicentennial ($2.00 being equal to two hundred cents) and the bill was finally assigned as a Federal Reserve Note, with a new design on the back featuring John Trumbull's depiction of the drafting of the United States Declaration of Independence replacing the previous design of Monticello. It has remained a current denomination since then, although the vast majority of $2 bills in circulation today are from the 1976 series, with newer bills having been inserted into the money supply as needed.Today, two-dollar bills are not frequently reissued in a new series like other denominations which are printed according to demand. When the Federal Reserve Banking System runs low on its current supply of $2 bills, it will submit an order to the Bureau of Engraving and Printing, which will then print more. Demand for $2 bills is low enough that one printing can last for many years.Few cash registers accommodate it; if received in a transaction, it is put in the slot otherwise used for checks, or simply under the cash tray. Almost no vending machines accommodate it, but self-checkout lanes have been known to do so, even if unstated. Although they usually are not handed out arbitrarily, two-dollar bills can often be found at banks by request. Two-dollar bills are also appropriately given as change at the gift shop of Monticello, Thomas Jefferson's Virginia estate.Two-dollar bills are delivered by Federal Reserve Banks in green straps of 100 bills ($200). They are often packaged in bundles (10 straps/1000 bills equaling $2000) for large shipments, like all other denominations of U.S. currency.The perceived rarity of a $2 bill can be attributed to its low printing numbers that sharply dropped beginning in the late 1950s when the $2 bill was a United States Note and recently the sporadic printings of still relatively low numbers as a Federal Reserve Note. Lack of public knowledge of the $2 bill further contributes to its perceived rarity. This perceived rarity can lead to a greater tendency to hoard any $2 bills encountered and thus decrease their circulation.After United States currency was changed to its current size, the two-dollar bill, unlike other denominations, was only assigned to one class of currency, the United States Note. United States Notes had a legal statutory limit of $346,861,016. This was not a significant amount of money, even at the time. The bulk of this amount was assigned to the $5 United States Note. From 1929-1957 (from Series of 1928 to Series 1953), the $2 bill on average was printed in quantities of 50 million notes per series with only several variances to this number. From 1957 onwards, $2 bill production figures steadily decreased from 18 million notes in Series 1953A to just 3.2 million notes in its final printing, Series 1963A, which ended in 1966. By contrast, an average of 125 million per series of $5 United States Notes were printed from 1929-1957; the final Series 1963 printing of the $5 United States Note included 67.2 million notes.When the current note was first issued in 1976, it was met with general curiosity seen as a collectible, not as a piece of regularly circulating currency, which the Treasury intended it to be. The main reason it failed to circulate was that businesses never really requested them as part of their normal operations to give back out in change. This failure is linked to the gradual disappearance of the former $2 United States Notes.Supplies of the Series 1976 $2 bill were allowed to dwindle until August 1996 when another series finally began to be printed;[1] this series, however, was only printed for the Federal Reserve Bank of Atlanta. Once again, in October 2003, the $2 bill was printed for only the Federal Reserve Bank of Minneapolis after supplies dwindled. A Series 2003A was also issued starting in 2006, with larger numbers and for multiple Federal Reserve Banks, due to an increase in demand for supplies of the note.Today, there is a common misconception that the $2 bill is no longer in circulation. According to the Treasury, they "receive many letters asking why the $2 bill is no longer in circulation". In response, the Treasury states: "The $2 bill remains one of our circulating currency denominations. According to B.E.P. 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." However, "in circulation" does not necessarily mean that the notes are actively circulated, only that this is the amount that hasn't been redeemed for shredding. The Treasury states that the best way for the $2 bill to circulate would be for businesses use them as they would any other denomination.The most significant evidence of the $2 bill's reawakening would be that, in 2005 alone, 61 million $2 bills were printed by the U.S. Bureau of Engraving and Printing. This is more than twice the number of $2 bills that were printed annually between 1990 and 2001.Many banks stocking $2 bills will not use them except upon specific request by the customer, and even then, may cause a delay with a trip to the vault. Another factor in the bill's rarity is the outright refusal of some commercial banks to reorder them at all.
Price: 77.77 USD
Location: Wichita, Kansas
End Time: 2024-10-19T21:21:04.000Z
Shipping Cost: 10.99 USD
Product Images
Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Denomination: $2
Circulated/Uncirculated: Uncirculated
Type: Banknotes
Year: 2017
Grade: Gem Uncirculated
Grade Designation: MINT
Country/Region of Manufacture: United States
Certification: Uncertified