Charmingly, $2 bills made an interesting cameo earlier this year when International Precious Metals, a dealer of U.S. coins and rare gold and silver, published its Coin Experts Survey.
“I thought you would be curious to know that I recently interviewed 30 numismatic experts, and 28% of them believe that the $2 bill will be brought back into mass circulation,” said Susan Schwartz, who dropped me a line after she put together the piece. (It’s pretty interesting; you can see the full infographic here.) That percentage was a response to a question asking “experts” which inconspicuous piece of currency we might see in “mass circulation” someday.
That might sound like a downer, but looking at it another way, the $2 bill received more votes than any other denomination. Yay! (But to look at it the other way again, 44% said that none of the mentioned coins or bills will make a comeback.)
If you’re thinking to yourself as you look at the above infographic: “Wait a minute; there’s something wrong with that”…well, you’re right.
First: In terms of “bringing back” the $2 bill — the $2 bill has been in regular production and circulation since 1976 (after a 10-year window in which it wasn’t produced). In the most recent 10-year period, it was produced at least five times.
Note this additional piece of misinformation further down the page: “The $2 bill was officially discontinued for mass circulation in 1966, though it is still considered legal tender.” Well, that’s just incorrect.
Schwartz asked me whether I think the $2 bill will ever be more prominent in our country’s cashflow. I said I didn’t have a reason for realistically believing it would be, but I sure wished it would.
“If only people used $2 bills like you did, they’d be more commonplace!” she said. Thanks, Susan!