Pushing 2 Dollar Bills

@JBK said:
If they are trying to get rid of them because they are messing up the teller's drawer then I'd take some in order to do them a favor.

As for why, or what to do with them, use them as tips at restaurants, etc.

Yes, some tellers help me out with coins (without having an account) and I've taken some 2 dollar bills off their hands.

@Nephasth said:
I called the mint a couple months ago to verify a billing address on an order. At the end of the call, the rep asked me if I'd like to buy an uncut sheet of 10 two dollar bills. Thought it was weird.

So the billing office was trying to sell you an uncut sheet of 10 two dollar bills? 😂 🤣 That's funny. Are you sure you were talking to the mint? 😂

I was thinking collectors might be looking for special serial numbers.

@johnny9434 said:
Birthdays, anniversaries and the sorts, holidays

Ever notice that the mint produced "A LOT" of coins and some currency for commerce and general circulation that never (or rarely) get used for commerce and general circulation?

@sellitstore said:
Tellers want to get rid of odd currency because they require extra book keeping entries
(more work) and there often isn't dedicated space for them in cash drawers.

Exactly. Especially with coins. They want to get them out of their inventory. Less to count at he end of the day.

@johnny9434 said:

@USSID18 said:

@johnny9434 said:
Birthdays, anniversaries and the sorts, holidays

Ever notice that the mint produced "A LOT" of coins and some currency for commerce and general circulation that never (or rarely) get used for commerce and general circulation?

I seen alot selling for internet sales/tv. Now its getting released into circulation via the mint. I get making some $$$ but it got ridiculous...

The U.S. Mint has turned into the U.S. Post Office. Selling coins like the Post Office sells stamps!

@Sapyx said:

@USSID18 said:
Ever notice that the mint produced "A LOT" of coins and some currency for commerce and general circulation that never (or rarely) get used for commerce and general circulation?

Let's not forget, we're talking about two separate quasi-government institutions: the Mint for coins, and the Federal Reserve for notes. They each have their own rules for what pieces of money they produce, and when. Much of the "wastefulness" of redundant money comes from bickering between these two organizations.

The Mint would very much like it if the $1 note went away, and everybody used $1 coins instead. Because that would mean more profits on the books for the Mint, since making $1 coins is the most profitable circulation coin the Mint currently makes.

The Federal Reserve makes the paper money, and is also responsible for shipping both coins and notes from where they're made to where they're needed. So the Mint wouldn't have to pay for shipping all those heavy $1 coins across the country - that would be the Federal Reserve's job, and the Federal Reserve's loss of profits - so the Federal Reserve is on the "no $1 coins" side of the debate. But the Federal Reserve's permission to issue $1 notes rests entirely with Congress; Congress can stop $1 in their tracks, simply by amending the Federal Reserve Act to remove $1 notes from the list of denominations they are permitted to issue. Of course, we all know the cotton lobby persuaded Congress to block any plans to nix the $1 note. And so here we are, with the Mint producing giant stockpiles of $1 coins which the Federal Reserve refuses to encourage the usage of.

As for the proliferation of $2 notes, that was at least in part due to the Federal Reserve presuming it would lose the debate concerning introducing a $1 coin. To help maximize their profits and minimize their losses after the successful introduction of $1 coins and withdrawal of $1 notes, they would have greatly ramped up $2 note production, on the theory that most people could easily be persuaded to carry around a $2 note instead of two $1 coins. So in 1999, they made a giant order of $2 notes, in anticipation of a need that never really arrived. And all those $2 notes are still sitting around, very rarely getting issued, very rarely getting withdrawn and destroyed because they very rarely get damaged in circulation so much they can't be re-issued.

The mint would like to see the $1 note go away and the reserve would probably like to see the $1 coin go away........not that anyone uses them.

Successful introduction of $1 coins? Let's face it, a lot of production line from the mint and federal reserve (mostly the mint) are just sitting around. From where I sit, I never see small dollar coins, halves or Ike's in change or circulation.