They actually just made the opposite move with the euro. The 500 euro note isn't included in the current series and is being withdrawn from circulation. They found it was getting too much use in criminal activities.
Unfortunately, it may be true. There is a backlash against big banknotes especially in the eurozone as Paco said, Singapore, and India. Supposedly because of criminal activities but that sounds like a excuse to only allow small banknotes. At this point, the US government will force us to carry dollar bills as the only denomination :v
With all the inflation going on, we need higher denomination dollar Bill's more than we need $2 bills. Instead of a stack of $100s, I prefer a couple of $1000s.
Considering how much value the dollar has lost if it weren't for cashless transactions that dominate the largest payments the $500 and $1000 would probably actually have some modern day use.
Automated kiosks make $500 bills even more useful this day of age, because technology can confirm if a bill is fake, better than any mortal human could. However, I don't think inflation has gotten bad enough to where society isn't functioning as well due to a lack of $500s. Although 50's and 100's are more common now than ever before, we don't have a lot of ATMs spitting out anything higher than $20s.
About the only time I think I would use them is when I take my whole family of five and the in-laws after dinner at a nice restaurant when we go on vacation Near murals inlet South Carolina Seven dinners, A couple drinks, each a couple appetizers and a tip. It’s usually pushing 500.
One of the guys I used to work for got hassled by a clerk and a manager at some mall sandwich shop when he tried to pay his bill using a 2 dollar bill. Even called a mall security guard over to explain about this "fake" money! Crazy!!
I finally bought a $1,000 bill and they have gotten a lot more expensive since COVID. Back just a few years ago you could get one starting at a $1,200. Now they start at around $3k. I bought an about uncirculated one and those are at least $4k now. As you mentioned, the US govt won't ever print them again so get them while you can.
Over the years, there have been several attempts to switch the US to a $1 coin to save money on printing. Why haven't there been similar efforts with the $2 denomination? Most other countries have a coin for both their 1 and 2 denominations.
They should push it again, but that was the plan in 1976 when the revised $2 first came out. They made over $400 million worth and pushed banks and businesses to hand them out, but it just didn't take. People assumed they were collector's items or something special and stashed them away. That mindset still exists (unless this channel can change something), and so every effort to push the $2 out there again will seemingly have the same result.
A $1 coin to cut on costs is useless. To start off, all of the reckless spending that is going on in the gubmint (misspell intentional) is whats causing a $1 to be worthless. Simple economics, if they can afford reckless spending, they can afford the $1 printing press.
Glad to hear that! But the Analytics on this channel tell me that the majority age is early 20s, with plenty under 20. So you may be closer to the majority than the minority. I appreciate your enthusiasm either way!
I vaguely remember my mother having a $500 dollar bill in the 90's for whatever reason... and ended up breaking the bill at a gas station for fuel LOL!
I almost got the cops called on me at a supermarket because I tried using 2 $2 to purchase groceries. Cashier stopped while taking my payment, called out a secret protocol sentence to secretly summon the manager, and I was told that I was using counterfeit money by both of them. I told them it was legal tender and if I was going to use counterfeit it would be of an discontinued bill of such a low number using this current year. I argued with the manager and he got angrier, probably because he knew if I was right he would be known as a complete idiot. Luckily, a bank teller came in and intervened, wearing a bank of America name tag, and told the manager that it was real. He STILL stammered about an authority of currency being against him. I am glad the cops never came because I have read stories about being actually being booked for using $2 bills because no one during the process, especially cops, knew $2 bills exist.
>I am glad the cops never came because I have read stories about being actually being booked for using $2 bills because no one during the process, especially cops, knew $2 bills exist. That's free money you're turning down dude.
I own a red seal 1953 $2 dollar bill in pretty good condition. I absolutely love the $2 bills personally because I have plenty of stories about them. I'd love to see a comeback of the $2 denominations.
This channel would love to see the same. I believe we've successfully educated a number of people about them, to the point where they started using them. You can do the same! Meanwhile, if you love the stories about the $2 bill, you'll really like our full film. amzn.to/2gpRKum
The Two Dollar Bill Documentary I grew up a fan of the tv show Maverick do when I had enough money I went to the bank got a thousand dollar bill used a safety pin and pined it to my inside jacket Like James garner did on maverick I keep it like that for about 6 months then took it back to the bank I grew up on maverick so I got to live out my dream
As an AUstralian, I find it strange that you do not use the 50 cent or $2 that often. But I understand why those over $100 are not used. Many countries have withdrawn higher denominations, the latest was Singapore with the $10,000.
The 50c used to get a lot of use, but for a long time many vending machines and meters wouldn't take coins that big for whatever reason. Part of it may be because the US, along with Canada, whose 50c also fell into disuse, use a 25c instead of a 20c like Australia, less small change is given making a 50c less necessary. The 50c continued to be a staple in gambling for a long time though, until most slot machines and tables went cashless. The $2 also used to be a lot more popular, but for a time I think they weren't available in some areas and many people preferred silver dollars over low denomination notes. Some also saw the $2 as "unlucky" or linked it with strippers and prostitutes. In Canada, however, the $2 was always in regular use before being discontinued for a $2 coin 1996.
@@Littlegoatpaws .50 coin is used a lot when paying a 3-2 blackjack win on a $5 bet in downtown Las Vegas. So you would win one $5 chip, two $1 chips, and one .50 coin. However in all other casinos outside of Las Vegas I have noticed they have created $2.50 chips instead of using the .50 piece.
@The Two Dollar Bill Documentary Great video! I got $50.00 worth of $2.00's and spent some at the same Burger King in Brownwood, TX Walmart, as the young lady at the register asked if they were legal and real, the manager's popped open, and said.. "OH YES They Are! COOL!!" was his reply.. Positive response!
I was at a Dollar General Store trying to pay with an older $100 bill. The clerk tried to tell me that it was counterfeit and that she had to confiscate it. She even marked it with the special marker, which she obviously didn't know how to properly use. I told her that I didn't think so. I was so angry. I told her that I knew that it was good because I had just received it from my bank. The next time I went to my bank I told them what had happened and they just laughed. My point is that these companies don't properly train their employees or then again perhaps she might have just been trying to scam me. Who knows? I refuse to go back to that particular location though.
Good story, and good point. Banks don't even train employees (and stores don't train their cashiers) about the legitimacy of the $2 bill. I've heard plenty of those stories as well. So seeing this happen with an old $100 is not much of a surprise. Thanks for sharing!
@@TheTwoDollarBillDocumentary bank tellers have incentive to get rid of their fake notes from their "box" as well. If they accidentally accepted a fake $100 in a deposit then if audited and caught with it, they can be written up.
Has the withdrawal of large denomination U.S. currency ($500 or greater) REALLY made a dent in money laundering, drug trafficking, tax evasion, or other illicit activities?
Probably. The criminals will always find a way, but cash meant no paper trail, and without being able to use cash, things were certainly made more difficult for large, illegal monetary transfers
I bought 500's and 1000's in 1968 from the san francisco federal reserve, they let me pick through the ones i liked at face value. 5000 are the rarest, and Binions casino sold 100 10,000 dollar bills, for 95k to 115k each long ago. I would have loved to get one of them. our currency was so beautiful back then.
After receiving a $500 bill or a $1000 bill from the bank or the money show, what happens if someone spends using a $500 bill or a $1000 bill at the store or any other places like that? That will be obviously real or fake?
One will never receive any denomination of Bill higher then $100,they were pulled from circulation in 1969 .So if a bank receives a high denomination note from a private citizen they are required by Federal Law to send it back to the Federal Reserve to be properly destroyed..
I doubt someone would pass a fake, people would look at it closely not the thing a crook wants!! Remember also other countries print our money and we print theirs's! Governments are very good at it too.
There was a $5,000 and a $10,000, yes. There was even a $100,000 bill. When I was a child, I remember my dad paying cash for a new car and he showed me the manila envelope filled with $500s and $1000s. Made quite an impression.
@@TheTwoDollarBillDocumentary wow! I imagine that the $100k bill is super rare. Just read a few moments ago that a $10k bill can command a selling price of over 100k in pristine condition. Interesting history behind these high dollar notes.
My great uncle showed me his pocket money when I was a lil kid. He had several 1000 and even more 500 bills in his roll. I asked where do you work, told him I wanted to work there when I grew up. He laughed... never did tell me where he worked. Found out later he NEVER had a job a day in his life.
There is a $100K bill, buts it’s actually illegal to own one, to this day, there somewhere around 500 of them left, and all of them are in the hands of the government. They were used as like giant paychecks to banks and giant transactions.
No, not at all. That's why I stated something close to that effect in the video. There are no plans to bring them back, and I also see little reason why they ever would because of the reasons listed in the video. I think they're gone for good, unfortunately.
Probably not - the only reason they would redesign it if they wanted to add anti-counterfeiting features, which they don't do on $1s or $2s. If they did though, we made a video where we suggested who could replace Jefferson: th-cam.com/video/v7CV9Zw-mYg/w-d-xo.html
@@TheTwoDollarBillDocumentary I love when spending my $2 bills, some people put them up to the light looking for the anti-counterfeiting band, I guess :-) Always makes me laugh when they do that, or use those worthless checking pens.
If you're talking about wanting to see the red seal bills in this video, the topic really didn't lend itself to that. But red seal bills pre-1976 appear in many videos on this channel, including as the focus of this video in the same playlist: th-cam.com/video/pqwxn-6HTuk/w-d-xo.html
There are 50s, but I think you meant to say 500s and left out a zero. You just saw one of each in this video. I'm sure there are other people who have them. And there are plenty up for auction at ha.com
Ooh plz share your thoughts of the "Woodrow Wilson" better known as the highest to this day denom8nation of usa history of currency in the usa as the 100 thousand dollar gold certificate from 1934 and woodrow wilson onit and its orange coloring or the 10 thousand dollar bill of Salmon P chase note ykwis
I LOVE THE 500 AND 1000 BILLS I REMEMBER RECIEVING A ONE THOUSAND DOLLAR BILL TWICE FROM MY MOTHER AND FATHER FOR MY WEDDING SHOWER AND WEDDING GIFT I LOVED IT I WAS SAD TO FIND OUT THEY STOPPED MAKING THEM DAMMED COUNTERFEITERS THEY RUIN EVERYTHING
Well it's the banks they want to force you to use cards, Which crooks use. They make billions on the money transfer charges. Even on some types of fraud.
I read about a guy that got arrested for counterfeiting $2 bills ,the cashier and cop probably never heard the end of it . But I have a question … Are $500 and $1,000 bills still good? I don't have any but wish I did.Too many numismatics to choose from.
$500s and $1000 are still good, but they're worth more than their face value now, so if you did have one, you'd be better off selling it for more money than spending it as $500 somewhere.
I don't have exact odds, but it's unlikely. If a cashier gets some from someone who spent them soon before you came, there's a chance that cashier would try to unload some on you.
I used to collect every 2 dollar bill when I worked a register and then found it pointless and started spending them. I wonder if they will ever become valuable if they discontinue it with so many out there. Also 400th comment
Well... I think with the way inflation keeps going, they're going to have to bring back the $500 and $1,000 bill, if paper money is still around in 20 years.
Is there any truth to the story that a child was arrested for using a $2 bill to pay for his school lunch and the school accused him of using fake money because they were unaware the $2 bill actually existed?
Yes, it's true - but the kid wasn't arrested. She tried to use an older $2 bill, one with a red seal on it, and it confused the person who took it. It led to a bunch of craziness. There was a man who got arrested for using one at a Best Buy. That story is in my film, but a clip is here: th-cam.com/video/iS3yjfefUD8/w-d-xo.html
I like $2 bills , I mean a $1 is worthless today and wear out too fast .One thing that wasn't mentioned , I have newer ones with regular seals but a couple have red seals …..is there any difference price wise ?
Thanks for the question. In my latest video - which compares $2s to $10 dollar bills, I speak of their similarity in scarcity, and I mention that the $1s and $100s have the most out there, by a lot. Check it out here: th-cam.com/video/raPDL5pxJvI/w-d-xo.html
After watching a lot of pawn stars clips, I'd say 200 and 500 dollar bills would be a blessing for situations when rare things do need to be sold for cash.
those Euros have 500s and those Swiss have 1000 CHFs which are respectively about equal in dollar amount, why can't the USA? is the counterfeiting and crime excuse really valid?
The €500 note is no longer issued due to its use in organised crime. There are many problems with high denominations, as well as a continuing decline in the use of cash in general.
Excuses are just that excuses, if you put ANY stock in an excuse you are a fool. Also if the government says that illegal thing is happening because of X,Y, or Z innocuous thing it isn't, or in the rare occasion it "is" it's the government themselves doing it.
I have a few questions for a future video Why Did they get rid of the 2 dollar bill for 10 Years? Why does the 2 dollar bill have a different back than front instead of having the same design on both sides?
Someone asked the question about the 10 year gap and it's one we're seriously considering, so stay tuned. Your latter question is confusing - no bill has the same design front and back, so there's no reason why the $2 bill is any different from any other bill in history for having different looks on each side.
Oh I’m sorry I must of gotten confused I think I meant to put ( Is the 2 dollar Bill the only bill to have a changed design on the back) My Main question was about the 2 year gap though the other one I just wanted to know the answer to
If you have one, don't deposit it at the bank - you can get more for it by selling it. It would still be accepted at stores since it's still legal tender, but it's more valuable elsewhere.
Anything a person accepts as payment is legal tender. Tender is just an offer of payment. Places are allowed to turn down Federal Reserve Notes for payment. Technically and lawfully they can't "pay" any debt unless it's accepted. Anything not gold or silver is based upon your idea of what it's worth to you.
$500 and $1,000 bills are more useful now then back then. like buying items with large price tags, like tech, cars, and rent. id really love to see these printed again, I just wish they would. print these or make our money colorful I would say, our money in America is boring. I really like euros, my mom is French so i've been introduced to these colorful since I was a little boy. and they even have one $1 coin or 1 euro I should say. this would make sense for the US to make at lest $1 coin since paper bills don't last as long as coin, they could save some money there. also EU makes 2 cent coins which would be very useful here when giving out change.
@@TheTwoDollarBillDocumentary It's not in perfect condition. (Has some dark markings, maybe from the rolls of counting machines.) I think there are still a lot 500€ around. The banks allegedly used them to store money in their vaults while they had to pay negative interest at the central bank. (But these times might be over now.) When I'm at the bank next time I ask if they still have some.
To celebrate the nation's bicentennial, they went with the famous painting "Declaration of Independence" on the back. That's really all there is to it.
I always like watching old game shows like Let's Make A Deal and Treasure Hunt where contestants would be winning or giving up these old $500/$1000 bills. On one occasion a $5000 bill was offered but nobody won it.
Wow... I remember that too! Thanks for the memory bump. Monte Hall definitely had cash that he just handed people who had lipstick in their purse, a calculator, etc. It was always cool to see those large bills - made the contestants winning it more exciting.
Over the course of all of my videos and descriptions, I use both fairly often. It's more accepted to use 'bills' even though you are correct that thay are notes. But in writing, I hate to always use the same word, so I mix it up.
A segment of our full documentary film was shot in Michigan at the time when $2 bills were being used to help create awareness about medicinal marijuana, with the hope of getting it on the next election ballet. So we have some footage of $2s being used at a store that sells some related items. It's a great shot and worked in this piece, despite what you can see underneath. It's a staged shot, to be honest with you.
Yes, it is the "rarest" bill being printed, meaning, it's printed less often, and when it is printed, it's almost always the bill with the lowest amount printed in that run compared to any other bill. On the whole though, the $2 bill is not rare; there are over 1.3 billion of them out there.
Great question, but you're about 5 months late with it. We answered the same question from another viewer back in April: th-cam.com/video/pqwxn-6HTuk/w-d-xo.html
When I turned 13 in 1968 my grandfather gave me a birthday card with a 1000 dollar bill in it . At first glance I thought it was 100 dollars until he made me look at it more closely . That was really cool !!!!
You got 1,000 dollars as a birthday gift at age 13 in 1968?? That's still a lot of money to give as a birthday gift now let alone over 50 years ago! Was your family rich or something?
You can find monopoly money today! it's what we spend daily printed by BEP. I was fortunate enough to live through the 50's to today. I'm not rich, but bought 2's from 1928 to 76 in the packets of 100 new, and some 500 and 1000 notes in 1968. never get rid of em. Our currency and coin look like crap. liked the video...
@@TheTwoDollarBillDocumentary I had no idea that the mint didn't make large bills like the 500's and 1,000's. I assumed they did for weallthy people. LOL That's how much I don't know.
ID LIKE TO SEE A THOUSAND DOLLAR BILL BROUGHT BACK LOOKING ALMOST EXACTLY LIKE THE ORIGINAL EXCEPT HAVE THE BLUE STRIP AND THE GOLD WRITING ON THE BACK WITH THE THOUSAND DOLLARS ON THE END LIKE THE HUNDRED MAYBE THEN THEY COULD BE BACK IN CIRCULATION WITH THE SECURITY FEATURES ON THEM THEY HAVE NOW I LOVE THEM
There's a link to reach me through the "about" page on this channel. You can also reach me through the film's website - 2dollarbillmovie.com. Just need your address where to send the $2!
They are one of them for sure, and we mention them in our upcoming video. But we have already done a piece on these places: th-cam.com/video/ICY4HV80FFY/w-d-xo.html
The only use for a note larger than $100 denomination is the convenience for illegal activity. Honest people use credit cards, or cashier's checks. Much more currency would leave our country if we had larger notes.
Strong possibility that far down the road in time, all the smaller denominations may become obsolete as did the high denomination notes. And all currency becomes digital in the virtual world.
In general, I don't use cash unless I'm forced to. But, of the bills I'd rather carry, these are the $2, $50, $100. I would carry $500, $1000 if they were still in circulation. Why? Because they look nice, and they are unique. The $1, $5, $10, and especially the $20 are boooooooring! In all fairness, the $20 bill is boring because bank ATMs force them on us.
I would agree. The more common denominations are boring because they're more common. A $500 or $1000 would be good to carry around, but it would feel bad to break it, and it'd have to be on something expensive anyway. I doubt they'd take it at Burger King.
Because they mistakenly believe that the bill is rare. That in turn makes them think it’s worth more. It’s really just a lack of education & knowledge about the $2 bill. This channel is all about fixing that
Not to mention they don't print $5000 and $10000 bills anymore either. If you have ever toured the BEP they have a sheet of 10 $100,000 bills on display. Those were only used for International transactions and never placed in circulation.
In Europe, 200 and 500 euro bills circulate. But hear talk of doing away with the 500 euro bill because money laundering and drugs trafficking. Banks in the UK may not accept them.
When I was in Minsk around 2000, inflation was so high there a 100,000 Belorussian Ruble was a common bill. I recall it was worth about $20 USD. With US inflation so high, $2 bills dont help much, but $200 bills would be nice. Why don't they get rid of the $2 bill that isn't used much and start using $200 bills which will. I doubt people will waste a $200 bill just hanging around in their wallets.
I think we need larger banknotes. A $500 bill would be great
It would be cool, but it ain't gonna happen.
They actually just made the opposite move with the euro. The 500 euro note isn't included in the current series and is being withdrawn from circulation. They found it was getting too much use in criminal activities.
Unfortunately, it may be true. There is a backlash against big banknotes especially in the eurozone as Paco said, Singapore, and India. Supposedly because of criminal activities but that sounds like a excuse to only allow small banknotes. At this point, the US government will force us to carry dollar bills as the only denomination :v
I find it hard to spend $50 bills, some places will not take them.
@Серёга Чопстер Switzerland also isn't exactly known as a place where all the financial transactions are on the up and up...
With all the inflation going on, we need higher denomination dollar Bill's more than we need $2 bills. Instead of a stack of $100s, I prefer a couple of $1000s.
Thanks to fucking biden
euro then
Considering how much value the dollar has lost if it weren't for cashless transactions that dominate the largest payments the $500 and $1000 would probably actually have some modern day use.
Automated kiosks make $500 bills even more useful this day of age, because technology can confirm if a bill is fake, better than any mortal human could. However, I don't think inflation has gotten bad enough to where society isn't functioning as well due to a lack of $500s. Although 50's and 100's are more common now than ever before, we don't have a lot of ATMs spitting out anything higher than $20s.
About the only time I think I would use them is when I take my whole family of five and the in-laws after dinner at a nice restaurant when we go on vacation Near murals inlet South Carolina
Seven dinners, A couple drinks, each a couple appetizers and a tip. It’s usually pushing 500.
@@ianandersen265 my bank now defaults to 50s unless you change what you want
So if you put in I want $100 it gives you 2 50s
One of the guys I used to work for got hassled by a clerk and a manager at some mall sandwich shop when he tried to pay his bill using a 2 dollar bill. Even called a mall security guard over to explain about this "fake" money! Crazy!!
Heck, my weekly grocery bill is $250 most times. A 500 dollar bill would be nice.
but you're still paying too much for groceries. I wish had $500 in my bank in the first place.
I finally bought a $1,000 bill and they have gotten a lot more expensive since COVID. Back just a few years ago you could get one starting at a $1,200. Now they start at around $3k. I bought an about uncirculated one and those are at least $4k now. As you mentioned, the US govt won't ever print them again so get them while you can.
Over the years, there have been several attempts to switch the US to a $1 coin to save money on printing. Why haven't there been similar efforts with the $2 denomination? Most other countries have a coin for both their 1 and 2 denominations.
They should push it again, but that was the plan in 1976 when the revised $2 first came out. They made over $400 million worth and pushed banks and businesses to hand them out, but it just didn't take. People assumed they were collector's items or something special and stashed them away. That mindset still exists (unless this channel can change something), and so every effort to push the $2 out there again will seemingly have the same result.
A $1 coin to cut on costs is useless. To start off, all of the reckless spending that is going on in the gubmint (misspell intentional) is whats causing a $1 to be worthless. Simple economics, if they can afford reckless spending, they can afford the $1 printing press.
I think I am the only person under 20 that watches this. I love it!
Glad to hear that! But the Analytics on this channel tell me that the majority age is early 20s, with plenty under 20. So you may be closer to the majority than the minority. I appreciate your enthusiasm either way!
I'm 15! So you are not the only one...
17!
thebeanholio master me too
14
My dad used to say that he would retire if he ever saw a 100 dollar bill. He didn’t really retire because they became so common.😂
One time I saw an old tv show from the 1930's, where they briefly spoke about $100 bills in legendary terms.
@@ianandersen265 do you know the name of the tv show
@@ianandersen265what show was it?
I vaguely remember my mother having a $500 dollar bill in the 90's for whatever reason... and ended up breaking the bill at a gas station for fuel LOL!
that's the money for...
oof
I almost got the cops called on me at a supermarket because I tried using 2 $2 to purchase groceries. Cashier stopped while taking my payment, called out a secret protocol sentence to secretly summon the manager, and I was told that I was using counterfeit money by both of them. I told them it was legal tender and if I was going to use counterfeit it would be of an discontinued bill of such a low number using this current year. I argued with the manager and he got angrier, probably because he knew if I was right he would be known as a complete idiot. Luckily, a bank teller came in and intervened, wearing a bank of America name tag, and told the manager that it was real. He STILL stammered about an authority of currency being against him. I am glad the cops never came because I have read stories about being actually being booked for using $2 bills because no one during the process, especially cops, knew $2 bills exist.
>I am glad the cops never came because I have read stories about being actually being booked for using $2 bills because no one during the process, especially cops, knew $2 bills exist.
That's free money you're turning down dude.
I own a red seal 1953 $2 dollar bill in pretty good condition. I absolutely love the $2 bills personally because I have plenty of stories about them. I'd love to see a comeback of the $2 denominations.
This channel would love to see the same. I believe we've successfully educated a number of people about them, to the point where they started using them. You can do the same! Meanwhile, if you love the stories about the $2 bill, you'll really like our full film. amzn.to/2gpRKum
They’re already still in circulation, you dolt!!!
In 1971 I went to the bank and bought a 1,000 dollar bill
Where is it now?
The Two Dollar Bill Documentary
I grew up a fan of the tv show Maverick do when I had enough money I went to the bank got a thousand dollar bill used a safety pin and pined it to my inside jacket
Like James garner did on maverick
I keep it like that for about 6 months then took it back to the bank I grew up on maverick so I got to live out my dream
In this video.
We have so many at the store I work at. Sometimes people ask if they can exchange some. I can’t imagine dealing with $500 or a $1000 bill though
As an AUstralian, I find it strange that you do not use the 50 cent or $2 that often. But I understand why those over $100 are not used. Many countries have withdrawn higher denominations, the latest was Singapore with the $10,000.
The 50c used to get a lot of use, but for a long time many vending machines and meters wouldn't take coins that big for whatever reason. Part of it may be because the US, along with Canada, whose 50c also fell into disuse, use a 25c instead of a 20c like Australia, less small change is given making a 50c less necessary. The 50c continued to be a staple in gambling for a long time though, until most slot machines and tables went cashless. The $2 also used to be a lot more popular, but for a time I think they weren't available in some areas and many people preferred silver dollars over low denomination notes. Some also saw the $2 as "unlucky" or linked it with strippers and prostitutes. In Canada, however, the $2 was always in regular use before being discontinued for a $2 coin 1996.
@@Littlegoatpaws .50 coin is used a lot when paying a 3-2 blackjack win on a $5 bet in downtown Las Vegas. So you would win one $5 chip, two $1 chips, and one .50 coin. However in all other casinos outside of Las Vegas I have noticed they have created $2.50 chips instead of using the .50 piece.
I was looking around in my late great grandfathers wallet and found these! I thought they were fake until today. Great video!
Glad I could help! Thanks for sharing.
Congratulations
I have a couple dozen $2 dollar bills. Two of them are series 2013 star notes from the same sheet, in perfect conditon.
Me, who plays monopoly:
*you fool, I have many 500 dollar bills!*
Hah
Dammit I already thought of the joke I wanted to make 2 years ago already!
They should bring em back imo.
Great video. I'm a small coin and bill collector. I got a few 2 dollar bills and I love them.
Thanks for the compliment! Did you ever have a $500 or $1000 ?
@@TheTwoDollarBillDocumentary No I just heard about them. This is the first time ever seeing them. Thank You for the video
I love your book!!!! It's great. I already gave it away to my grandson who also loves $2 bills!
@The Two Dollar Bill Documentary Great video! I got $50.00 worth of $2.00's and spent some at the same Burger King in Brownwood, TX Walmart, as the young lady at the register asked if they were legal and real, the manager's popped open, and said.. "OH YES They Are! COOL!!" was his reply.. Positive response!
Awesome! You made someone's day and also had a more enjoyable transaction experience than if you'd used other denominations. Thanks for sharing.
I'll bet nowadays these Bill's would be popular. A lot of people still deal in cash only and it's not just for money laundering.
The crooks have switched to plastic a long time ago. They make copies of the numbers and put them on the dark web. Cash limits your loss.
Which is why they won't be back. The government wants to make it harder to pay with untraceable cash. They treat EVERYONE as guilty now.
Lucky man... He can carry around a $1000 and $500 banknote. Most people cannot afford this considering it's collector value.
Maybe he can't either, but it would be more painful to spend or sell them. He's been holding them for a long time for a reason.
I was at a Dollar General Store trying to pay with an older $100 bill. The clerk tried to tell me that it was counterfeit and that she had to confiscate it. She even marked it with the special marker, which she obviously didn't know how to properly use. I told her that I didn't think so. I was so angry. I told her that I knew that it was good because I had just received it from my bank. The next time I went to my bank I told them what had happened and they just laughed. My point is that these companies don't properly train their employees or then again perhaps she might have just been trying to scam me. Who knows? I refuse to go back to that particular location though.
Good story, and good point. Banks don't even train employees (and stores don't train their cashiers) about the legitimacy of the $2 bill. I've heard plenty of those stories as well. So seeing this happen with an old $100 is not much of a surprise. Thanks for sharing!
Did she give you your money back?
@@TheTwoDollarBillDocumentary bank tellers have incentive to get rid of their fake notes from their "box" as well. If they accidentally accepted a fake $100 in a deposit then if audited and caught with it, they can be written up.
Has the withdrawal of large denomination U.S. currency ($500 or greater) REALLY made a dent in money laundering, drug trafficking, tax evasion, or other illicit activities?
Probably. The criminals will always find a way, but cash meant no paper trail, and without being able to use cash, things were certainly made more difficult for large, illegal monetary transfers
@@TheTwoDollarBillDocumentary Maybe more difficult, but certainly not enough to put them out of business!
yep....500 & 1000 us bills were withdrawn by the FR in 1969 so they are very rare in pawn shops or in bank vaults!!
$500 $1000 $5000 and $10000 bills are so cool wish I could have one LOL
I bought 500's and 1000's in 1968 from the san francisco federal reserve, they let me pick through the ones i liked at face value. 5000 are the rarest, and Binions casino sold 100 10,000 dollar bills, for 95k to 115k each long ago. I would have loved to get one of them. our currency was so beautiful back then.
After receiving a $500 bill or a $1000 bill from the bank or the money show, what happens if someone spends using a $500 bill or a $1000 bill at the store or any other places like that? That will be obviously real or fake?
One will never receive any denomination of Bill higher then $100,they were pulled from circulation in 1969 .So if a bank receives a high denomination note from a private citizen they are required by Federal Law to send it back to the Federal Reserve to be properly destroyed..
I doubt someone would pass a fake, people would look at it closely not the thing a crook wants!! Remember also other countries print our money and we print theirs's! Governments are very good at it too.
@@nesking3115 Yes it's worth more to a collector who can afford them. A smart teller would grab it.
I enjoyed this video. If I am not mistaken, wasn't there also a 10k bill?
There was a $5,000 and a $10,000, yes. There was even a $100,000 bill. When I was a child, I remember my dad paying cash for a new car and he showed me the manila envelope filled with $500s and $1000s. Made quite an impression.
@@TheTwoDollarBillDocumentary wow! I imagine that the $100k bill is super rare. Just read a few moments ago that a $10k bill can command a selling price of over 100k in pristine condition. Interesting history behind these high dollar notes.
My great uncle showed me his pocket money when I was a lil kid. He had several 1000 and even more 500 bills in his roll. I asked where do you work, told him I wanted to work there when I grew up. He laughed... never did tell me where he worked. Found out later he NEVER had a job a day in his life.
006ahenry
OG Uncle!!
There is a $100K bill, buts it’s actually illegal to own one, to this day, there somewhere around 500 of them left, and all of them are in the hands of the government. They were used as like giant paychecks to banks and giant transactions.
Do you reckon that at some point in the future they might brink back the 500 and 1,000 dollar bills and higher denomination bills?
No, not at all. That's why I stated something close to that effect in the video. There are no plans to bring them back, and I also see little reason why they ever would because of the reasons listed in the video. I think they're gone for good, unfortunately.
Should we redesign the two dollar bill?
Probably not - the only reason they would redesign it if they wanted to add anti-counterfeiting features, which they don't do on $1s or $2s. If they did though, we made a video where we suggested who could replace Jefferson: th-cam.com/video/v7CV9Zw-mYg/w-d-xo.html
@@TheTwoDollarBillDocumentary I love when spending my $2 bills, some people put them up to the light looking for the anti-counterfeiting band, I guess :-) Always makes me laugh when they do that, or use those worthless checking pens.
I think they should redesign the reverse ...it's kinda ugly .
I would have liked to see the old $2 bill design in circulation just prior to the 1976 release
If you're talking about wanting to see the red seal bills in this video, the topic really didn't lend itself to that. But red seal bills pre-1976 appear in many videos on this channel, including as the focus of this video in the same playlist: th-cam.com/video/pqwxn-6HTuk/w-d-xo.html
What ever happened to the Gold, Silver, and Platinum stamped bills?
I would like to see the return of the $500 note with President McKinley on the obverse and Mt. McKinley on the reverse.
I'd be happy with any $500 bill, no matter how they designed it.
Just out of curiosity, are there any 50 or 1000 bills out there?
There are 50s, but I think you meant to say 500s and left out a zero. You just saw one of each in this video. I'm sure there are other people who have them. And there are plenty up for auction at ha.com
I have a couple $1000 bills. I have to pay on them every month.
ussling damn why do you owe so much??
@@uchibauki2515 It does not take much nowadays: rent, student debt, or child support will do.
I've never seen a $1,000 bill in person before they must have been pretty neat though.
Ooh plz share your thoughts of the "Woodrow Wilson" better known as the highest to this day denom8nation of usa history of currency in the usa as the 100 thousand dollar gold certificate from 1934 and woodrow wilson onit and its orange coloring or the 10 thousand dollar bill of Salmon P chase note ykwis
They are at coin shops and shows .
500 and 1000 bills aren't used anymore because a lot of people don't have $500 in their bank account!
Yes so they charge things so they can have less money!!
I LOVE THE 500 AND 1000 BILLS I REMEMBER RECIEVING A ONE THOUSAND DOLLAR BILL TWICE FROM MY MOTHER AND FATHER FOR MY WEDDING SHOWER AND WEDDING GIFT I LOVED IT I WAS SAD TO FIND OUT THEY STOPPED MAKING THEM DAMMED COUNTERFEITERS THEY RUIN EVERYTHING
Well it's the banks they want to force you to use cards, Which crooks use. They make billions on the money transfer charges. Even on some types of fraud.
I read about a guy that got arrested for counterfeiting $2 bills ,the cashier and cop probably never heard the end of it . But I have a question … Are $500 and $1,000 bills still good? I don't have any but wish I did.Too many numismatics to choose from.
$500s and $1000 are still good, but they're worth more than their face value now, so if you did have one, you'd be better off selling it for more money than spending it as $500 somewhere.
Any bill issued since 1862 is still legal tender ..
That was before smart phones that video is so out of date!
what is the probability of getting a two dollar bill while shopping?
I don't have exact odds, but it's unlikely. If a cashier gets some from someone who spent them soon before you came, there's a chance that cashier would try to unload some on you.
I used to collect every 2 dollar bill when I worked a register and then found it pointless and started spending them. I wonder if they will ever become valuable if they discontinue it with so many out there. Also 400th comment
Well... I think with the way inflation keeps going, they're going to have to bring back the $500 and $1,000 bill, if paper money is still around in 20 years.
Is there any truth to the story that a child was arrested for using a $2 bill to pay for his school lunch and the school accused him of using fake money because they were unaware the $2 bill actually existed?
Yes, it's true - but the kid wasn't arrested. She tried to use an older $2 bill, one with a red seal on it, and it confused the person who took it. It led to a bunch of craziness. There was a man who got arrested for using one at a Best Buy. That story is in my film, but a clip is here: th-cam.com/video/iS3yjfefUD8/w-d-xo.html
I like $2 bills , I mean a $1 is worthless today and wear out too fast .One thing that wasn't mentioned , I have newer ones with regular seals but a couple have red seals …..is there any difference price wise ?
Why is a picture in the background from a $2 bill
Are $100 bills as rare as $2 bills (question asked by 6-year-old Tazi O who has a great interest in US currency)?
Thanks for the question. In my latest video - which compares $2s to $10 dollar bills, I speak of their similarity in scarcity, and I mention that the $1s and $100s have the most out there, by a lot. Check it out here: th-cam.com/video/raPDL5pxJvI/w-d-xo.html
What was the reason they made
the 1000 and 500 dollar Bill's
After watching a lot of pawn stars clips, I'd say 200 and 500 dollar bills would be a blessing for situations when rare things do need to be sold for cash.
those Euros have 500s and those Swiss have 1000 CHFs which are respectively about equal in dollar amount, why can't the USA? is the counterfeiting and crime excuse really valid?
Yes it is, because it was actually happening. It wasn't a made up excuse at the time.
The €500 note is no longer issued due to its use in organised crime. There are many problems with high denominations, as well as a continuing decline in the use of cash in general.
Excuses are just that excuses, if you put ANY stock in an excuse you are a fool.
Also if the government says that illegal thing is happening because of X,Y, or Z innocuous thing it isn't, or in the rare occasion it "is" it's the government themselves doing it.
I have a few questions for a future video
Why Did they get rid of the 2 dollar bill for 10 Years?
Why does the 2 dollar bill have a different back than front instead of having the same design on both sides?
Someone asked the question about the 10 year gap and it's one we're seriously considering, so stay tuned. Your latter question is confusing - no bill has the same design front and back, so there's no reason why the $2 bill is any different from any other bill in history for having different looks on each side.
Oh I’m sorry I must of gotten confused I think I meant to put ( Is the 2 dollar Bill the only bill to have a changed design on the back) My Main question was about the 2 year gap though the other one I just wanted to know the answer to
When did Monopoly add the $1000 bill to the game? I own a couple of Monopoly sets and the biggest bills are the $500.
That $1,000 bill came out of a Monopoly card game, but I believe some newer editions of the board game also come with them.
Try buying a iPad with 2 dollar bills at best buy
Are the $500 and $1000 still legal tender?
If I take it and made a deposit with it at the Bank?
Thanks.
Yes I think they are
If you have one, don't deposit it at the bank - you can get more for it by selling it. It would still be accepted at stores since it's still legal tender, but it's more valuable elsewhere.
Anything a person accepts as payment is legal tender. Tender is just an offer of payment. Places are allowed to turn down Federal Reserve Notes for payment. Technically and lawfully they can't "pay" any debt unless it's accepted. Anything not gold or silver is based upon your idea of what it's worth to you.
I’m watching this video right now and casualy holding a big stack of two dollar bills 😂
So why did we have 500 and 1000 dollar banknotes?
$500 and $1,000 bills are more useful now then back then. like buying items with large price tags, like tech, cars, and rent. id really love to see these printed again, I just wish they would. print these or make our money colorful I would say, our money in America is boring. I really like euros, my mom is French so i've been introduced to these colorful since I was a little boy. and they even have one $1 coin or 1 euro I should say. this would make sense for the US to make at lest $1 coin since paper bills don't last as long as coin, they could save some money there. also EU makes 2 cent coins which would be very useful here when giving out change.
I feel it. When they announced to discontinue the 500€ note I saved one.
Good job! What condition is it in? It may be worth a bunch more than $500.
@@TheTwoDollarBillDocumentary It's not in perfect condition. (Has some dark markings, maybe from the rolls of counting machines.)
I think there are still a lot 500€ around. The banks allegedly used them to store money in their vaults while they had to pay negative interest at the central bank. (But these times might be over now.)
When I'm at the bank next time I ask if they still have some.
Why does the 2 dollar bill have a portrait on the back compared to other bills where there is famous buildings
To celebrate the nation's bicentennial, they went with the famous painting "Declaration of Independence" on the back. That's really all there is to it.
The version prior to the 1976 reboot did have a famous building - Thomas Jefferson's home Monticello.
I always like watching old game shows like Let's Make A Deal and Treasure Hunt where contestants would be winning or giving up these old $500/$1000 bills.
On one occasion a $5000 bill was offered but nobody won it.
Wow... I remember that too! Thanks for the memory bump. Monte Hall definitely had cash that he just handed people who had lipstick in their purse, a calculator, etc. It was always cool to see those large bills - made the contestants winning it more exciting.
Aren't those silver certificates also ?
I believe there are some old bills in these denominations that are silver certificates.
@@TheTwoDollarBillDocumentary ,would they have to pay you in silver dollars or current value iof silver or maybe not at all ?
Why do we call them "bills" when it says "federal reserve note". I heard other countries call them notes not bills.
Over the course of all of my videos and descriptions, I use both fairly often. It's more accepted to use 'bills' even though you are correct that thay are notes. But in writing, I hate to always use the same word, so I mix it up.
Hey mate, what were you buying with your $2 bill @ 1.39? They look like crack pipes in that display cabinet !
A segment of our full documentary film was shot in Michigan at the time when $2 bills were being used to help create awareness about medicinal marijuana, with the hope of getting it on the next election ballet. So we have some footage of $2s being used at a store that sells some related items. It's a great shot and worked in this piece, despite what you can see underneath. It's a staged shot, to be honest with you.
No??? Really??!!
I thought that lady looked a bit too happy !
Keep up the good work ! This buds for you (Budweiser, of course ;-) )
Is the $2 bill the rarest bill still being printed? My 6-year-old son (Tazi O) is curious about this question as well. :) Thank you!
Yes, it is the "rarest" bill being printed, meaning, it's printed less often, and when it is printed, it's almost always the bill with the lowest amount printed in that run compared to any other bill. On the whole though, the $2 bill is not rare; there are over 1.3 billion of them out there.
This was a great video!
Why did they used to put red seals on two dollar bills?
Great question, but you're about 5 months late with it. We answered the same question from another viewer back in April: th-cam.com/video/pqwxn-6HTuk/w-d-xo.html
When I turned 13 in 1968 my grandfather gave me a birthday card with a 1000 dollar bill in it . At first glance I thought it was 100 dollars until he made me look at it more closely . That was really cool !!!!
Yes, very cool!
You got 1,000 dollars as a birthday gift at age 13 in 1968?? That's still a lot of money to give as a birthday gift now let alone over 50 years ago! Was your family rich or something?
Why are there a lot of $2 bills in circulation even today
You can find monopoly money today! it's what we spend daily printed by BEP. I was fortunate enough to live through the 50's to today. I'm not rich, but bought 2's from 1928 to 76 in the packets of 100 new, and some 500 and 1000 notes in 1968. never get rid of em. Our currency and coin look like crap. liked the video...
Wow...I had no idea. Very interesting video. Thank you for the great info. :)
Thank you! You had no idea about what?... that there were ever $500s or $1,000s?
@@TheTwoDollarBillDocumentary I had no idea that the mint didn't make large bills like the 500's and 1,000's. I assumed they did for weallthy people. LOL That's how much I don't know.
ID LIKE TO SEE A THOUSAND DOLLAR BILL BROUGHT BACK LOOKING ALMOST EXACTLY LIKE THE ORIGINAL EXCEPT HAVE THE BLUE STRIP AND THE GOLD WRITING ON THE BACK WITH THE THOUSAND DOLLARS ON THE END LIKE THE HUNDRED MAYBE THEN THEY COULD BE BACK IN CIRCULATION WITH THE SECURITY FEATURES ON THEM THEY HAVE NOW I LOVE THEM
What is the history of the two dollar bill
I just spent 400 worth of 2$ Bill's
Infact took one in my till as well lol.
Time to bring back the 500 for sure.
I wish! They are very interesting bills. But there's little chance of it ever happening.
How do I contact you about my $2
There's a link to reach me through the "about" page on this channel. You can also reach me through the film's website - 2dollarbillmovie.com. Just need your address where to send the $2!
He could sell that 500$ and 1000$ and get wayyy more than the face value
What special interests groups Want to bring awareness to their cause with $2 bills you ask? Mostly Gentleman clubs would be my guess.
They are one of them for sure, and we mention them in our upcoming video. But we have already done a piece on these places: th-cam.com/video/ICY4HV80FFY/w-d-xo.html
Do old money is worth more than new money
Oh,so there's a 1000 dollar bill in monoply?
Actually there isn't (unless they added one recently). I have a Monopoly card game which includes the $1,000 bill.
Those were printed when money was money. Now it's credit certificates, evidence of a debt.
Poop that. I want the rare Monopoly game with the REAL money. Haven't seen an ad since the 70s.
The only use for a note larger than $100 denomination is the convenience for illegal activity. Honest people use credit cards, or cashier's checks. Much more currency would leave our country if we had larger notes.
Exactly.
Super like 👍👍👍
Do a video about 5000 and 10000 dollar bill
I don't know if there's enough to say about them that would make a video worthwhile.
I didn't know those ever existed.
They have a 100000 Woodrow Wilson
Strong possibility that far down the road in time, all the smaller denominations may become obsolete as did the high denomination notes. And all currency becomes digital in the virtual world.
There's a book called The End of Money by David Wolman you might like to read if you believe in that prophecy.
$1000 and $500 bills are still legal tender. So if you're constantly carrying $1500 around in your wallet, you could be asking for trouble.
In general, I don't use cash unless I'm forced to. But, of the bills I'd rather carry, these are the $2, $50, $100. I would carry $500, $1000 if they were still in circulation. Why? Because they look nice, and they are unique. The $1, $5, $10, and especially the $20 are boooooooring! In all fairness, the $20 bill is boring because bank ATMs force them on us.
I would agree. The more common denominations are boring because they're more common. A $500 or $1000 would be good to carry around, but it would feel bad to break it, and it'd have to be on something expensive anyway. I doubt they'd take it at Burger King.
@@TheTwoDollarBillDocumentary LOL... indeed. 😉
If you use cash you get your
Change back. That change adds up
Over time .
The $100 looks the best.
I thought 2$ bills are no longer made? I have a few though
They are definitely still made. And here's why: th-cam.com/video/_Bzg9pNVePk/w-d-xo.html
Why Do The $2 Bills Don’t Have The Monticello On The Back Anymore?
They should make 500.00 and 1000.oo again .the government is so crazy.
Why do people say that the two dollar bill is worth more than two dollars
Because they mistakenly believe that the bill is rare. That in turn makes them think it’s worth more. It’s really just a lack of education & knowledge about the $2 bill. This channel is all about fixing that
Not to mention they don't print $5000 and $10000 bills anymore either. If you have ever toured the BEP they have a sheet of 10 $100,000 bills on display. Those were only used for International transactions and never placed in circulation.
In Europe, 200 and 500 euro bills circulate. But hear talk of doing away with the 500 euro bill because money laundering and drugs trafficking. Banks in the UK may not accept them.
I have some red seal $2 bills one has a red seal on the left and the other has a red seal on the right my question is why did they move the Red seal.
I wonder if $500.00 or $1000.00 bills were re released would they resemble the new $100.00?
I had no idea 500 or 1000 bills even existed lol
When I was in Minsk around 2000, inflation was so high there a 100,000 Belorussian Ruble was a common bill. I recall it was worth about $20 USD. With US inflation so high, $2 bills dont help much, but $200 bills would be nice. Why don't they get rid of the $2 bill that isn't used much and start using $200 bills which will. I doubt people will waste a $200 bill just hanging around in their wallets.
I thought those where just fake bills or myths :0 You learn something new everyday :D
That's what this channel's for
What to download build you should look out for👍👍👍👍👍👍👍
I do not understand this question at all.
@@TheTwoDollarBillDocumentary I think he wants a 2$ bill...
I like this video
Thanks Noel. I like this comment!
What
happen if there were still making $500 bills thousand dollar bills