I have a bunch of them as 'collectors items', but why aren't they circulated anymore?
2007-11-29 07:34:36 · 9 answers · asked by QueenRulerTiff 4 in Business & Finance ➔ Personal Finance
nobody wanted them and they just sat in the banks...not functional for people. maybe now that inflation is more of a problem they should try again. $2 is the new $1 lol
2007-11-29 07:51:35 · answer #1 · answered by Ernie 5 · 0⤊ 0⤋
They are somewhat rare. Banks have them but don't give them as change unless requested. There is a local recyclying company that only pays in $2 bills. I have a few myself as collector's items. The older ones, particularly 1976 or older, have a little value, like you might be able to sell them on eBay for $3.
2007-11-29 15:56:03 · answer #2 · answered by Frank 5 · 0⤊ 0⤋
People considered them bad luck, among other reasons why no one liked them. Dollar coins have the same fate.
Military bases overseas seem to end up with all the unpopular denominations. I got lots of $2 bills and dollar coins as change in the BX and banks on base.
2007-11-29 15:59:48 · answer #3 · answered by bdancer222 7 · 0⤊ 0⤋
they are circulated they are just more of a novelty item sort of like dollar coins. keep in mind that wheat pennies havent been made for 60 years now and theyve only doubled in price (2cents) so your investment may take a very long time to mature.
2007-11-29 15:43:09 · answer #4 · answered by Libby 3 · 0⤊ 0⤋
1. Cash register's don't have a slot for them.
2. Too easy to mistake for a $1 bill.
2007-11-29 15:40:32 · answer #5 · answered by countryguyhfc 5 · 0⤊ 0⤋
I have a few, they are circulating but you have to find the right bank. I'd hold on to what you got.One day they could be worth more.
2007-11-29 15:40:20 · answer #6 · answered by Anonymous · 0⤊ 0⤋
They are in circulation. Go to your bank and ask for them.
2007-11-29 15:36:52 · answer #7 · answered by morlock825 4 · 1⤊ 0⤋
The only people who use them are people betting at racetracks.
2007-11-29 15:42:33 · answer #8 · answered by Anonymous · 0⤊ 0⤋
No one has ever liked using them but they are legal tender.
2007-11-29 15:36:35 · answer #9 · answered by npk 7 · 1⤊ 0⤋