Wednesday, 01 July 2009

  • the dumb $2 bill featured post

     

     

    original post found here - http://www.dollarish.com/705979847/the-rare-2-bill/

     

    my commentary is in bold.

     

    Being one of the oldest currency note

    oldest currency note? perhaps in the US. and actually its the oldest DESIGN for american bills.

    the two dollar bill seems to be one of those myths people talk about.

    myths? its no myth. the bill exists.

    I have never even seen one myself, which isn't strange since under 1% of the bills are actually out in circulation.

    misleading comment. its not that less than 1% of all $2 bills are in circulation. less than 1% of all circulated forms of american paper currency that are printed are $2 bills

     I found an interesting website to track these unique bills. Wheres George not only tracks regular bills, but the two dollar bill as well. By entering the serial number, you're letting the world know the two dollar bill is alive!

    oddly enough, most people knew about this site for years. further, the $2 bill has been alive since the 1800s. but where can you get them? *GASP!* you can simply ask for them at the bank!

    Since it is rarely used and hardly seen,

    that is if you dont do your research and know you can ask for them at the bank

     is there any point in even making the two dollar bill? Its interesting to know how special this bill is, but besides that, it serves no purpose when often stores refuse to accept these bills.

    Seignorage! Seignorage is the profit that the Mint makes on the difference between how much the currency costs to produce (in the case of bills, a few cents) and its face value if the currency is taken out of circulation. The Treasury makes comparatively little in seignorage on $1 bills, because they’re so incredibly common that hardly anyone intentionally takes them out of circulation by saving them. But $2 bills go out of circulation very frequently due to to people saving them and then never spending them, so the Treasury makes a pretty penny.

    Should the U.S. stop making two dollar bills? Have you ever seen a two dollar bill?

    no they shouldnt stop making it, but perhaps xanga (or rather dollarish) should stop featuring idiotic posts from people who are ill informed. have i seen $2 bills? yeah. a lot in fact. because i actually prefer using them over $1 bills. funny how that works.

     

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