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SpinDistribute.com Article Directory

The following article was published in our article directory on March 1, 2012.
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A History of the 2 Dollar Bill: What You Should Know

Article Category: Education

Author Name: Edna S. Baker

The history of currency, for some, is profoundly tantalizing stuff, for most others, maybe, not so much. There are a few notes of US currency, nevertheless, that have consistently seemed to give rise to a sort of underground interest among folks, most popular among them being the US Two-Dollar Bill. Lots of people seem to share an affection and general fondness toward this US currency note and, quite remarkably, perhaps even more people than that literally do not even know that they exist! Indeed, there are many websites dedicated to the two-dollar bill, and even this new site (link: twodollarbill.net) for efficiently tracking them all over the Us. But how many are genuinely familiarized with the actual history of the US two-dollar bill? Let's take a quick look then, shall we?

The two-dollar bill was first printed in 1862, and initially featured a profile portraiture of Alexander Hamilton on the anterior. In 1869 though, the former US Secretary of the Treasury was replaced by his political arch-nemesis of sorts, 3rd American President, Thomas Jefferson. This was, however, far from the final changes this currency would come by, and that's not just in regards to the portrait on the front. In fact, this is likely the most altered bill throughout the history of US currency. Throughout its over 150 year lifespan, this bill has carried quite a few different "note" references, including; United States Note, Treasury Note, Silver Certificate, and Federal Reserve Bank Note.

For a short time, civil-war General Winfield Scott Hancock took the obverse face of the note. Subsequently, another former US Treasury Secretary's Portraiture bedecked the bill, William Windom, taking the place of Hancock in 1891. Debatably, one of the most remarkable times for this bill was in 1896, when it was reissued again as the Educational Series, featuring symbolic representations of the advancement, through science, of steam and electricity to the fields of manufacturing, and commerce. The other side held portraiture of both Robert Fulton, who brought us the steam engine, and Samuel Morse, for his contributions in the field of electricity. From that point on, the bill's imaging was changed another three times, and the bill was even discontinued in August of 1966, before being reanimated for a number of additional printings, all with assorted refinements being made. That's undoubtedly a vibrant and sorted history by any measure!

The next alteration after the Educational Series of 1896, was in 1891, when President George Washington was featured. This was supplanted by further change in 1918, returning Thomas Jefferson to the face of the note, with a WWI battleship on the back side. Then, in 1929, the bill was re-sized to its present-day measurements and the image on the back was replaced to Thomas Jefferson's renowned home, Monticello. This iteration lasted for several decades until, in 1966, the two-dollar bill met its untimely ruination when it was formally terminated. This bill is hard to kill it seems, as in 1976, it was reinstated for the Bicentennial, accentuating a version of John Turnbull's "The Signing of the Declaration of Independence" on the back side. There were two more series after that, with one in 1995, and the present-day series, which was most recently printed in 2003. The two-dollar bill, in spite of its resolute history, is a low demand bill, as is printed less frequently, and in lower volumes than other bills. The two-dollar bill makes up only about 1 % of all paper bills being made by the US Treasury, which may just add to its mystique. There are some great graphics of the different two-dollar bills uploaded on the Wikipedia site, for visual reference, if needed.

Keywords: two dollar bill, history of the two dollar bill, 2 dollar bill value

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