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1. A question on $2 notes

   

   Discussion by jtryka · September 16, 2002 5:09PM · Home› U.S. Coin Forum

   I am watching the HSN coin show, and man these guys are bad! Right now they are talking about a 2002 $50 Gold eagle in MS-70 (ICG), and how it's such a bargain for $699. Then they start babbling about how the coin would be worth it even without the gold content, and then they bring up the 09-S VDB cent, and somehow that…

2. Re: A question on $2 notes

   

   Comment by cointagious · September 17, 2002 5:24AM · Home› U.S. Coin Forum

   1. perhaps they were refering to $2 us notes(red seals) nevering being produced again. this would be a true statement as the congress voted a couple of years ago to let the fed be responsible for currency circulation. the fed has a mandate to keep a supply of $2 notes for future demand but in the form of federal reserve…

3. Re: A question on $2 notes

   

   Comment by Conder101 · September 17, 2002 12:33PM · Home› U.S. Coin Forum

   I'm sure they meant that the $2 United States notes would never be issued again. On the retiring of the $2 US notes and replacing them with $100 US notes this used to be true. The law used to require that a specific amount of currency in the form of United States Notes be maintained in circulation. but the Fed was taking…

4. Re: A question on $2 notes

   

   

   Comment by richbeat · September 16, 2002 6:10PM · Home› U.S. Coin Forum

   As far as I know $2 notes have not been discontinued. The BEP is just not printing any right now because there is a sufficient supply to meet what demand there is.

5. Re: A question on $2 notes

   

   Comment by Steve27 · September 16, 2002 9:09PM · Home› U.S. Coin Forum

   I doubt that the Bureau of Engraving and Printing has said that they will never print 2-dollar bills again (of course GM said in 1976 that they were never going to build convertibles again). As for the rarity of star notes, just look at the price guides, this quality usually results in a doubling of the value.

6. Re: A question on $2 notes

   

   

   Comment by construct · September 16, 2002 6:36PM · Home› U.S. Coin Forum

   Richbeat is right. No new $2 bills this year. That puts them in the same category with the $50 bills. You don't hear anybody saying there will never be any more $50 bills made, do you? Could it be that he meant that there would be no more red sealed twos. That would be true, and yes the bank is supposed to withdraw them…

7. Re: A question on $2 notes

   

   Comment by jtryka · September 17, 2002 5:08AM · Home› U.S. Coin Forum

   Thanks for the replies. The way they were talking, they meant that all $2s were going away, never to be produced again, and the reason I belive this is they made the comments on a set of three bills that included 1 red seal, as well as an uncut sheet of 1995s. As far as the red seals, I knew they were supposed to be…

8. Re: A question on $2 notes

   

   Comment by Placid · September 16, 2002 5:13PM · Home› U.S. Coin Forum

   No clue about the $2.00 but thanks for the laugh.

9. Re: A question on $2 notes

   

   Comment by jtryka · September 17, 2002 5:25AM · Home› U.S. Coin Forum

   I believe these were all from the Atlanta Fed (as all circulating 1995s are), and they were printed in Fort Worth.

10. Re: A question on $2 notes

    

    Comment by Keyrock · September 17, 2002 5:21AM · Home› U.S. Coin Forum

    Depending on the district for where the note is printed can effect the value of a star note dramatically. Additionally, if a collector is looking for a certian front plate/back plate combination there may only be a few thousand available and they will obviously pay more. I was just at a currency show this weekend and some…