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 Replies: 33 / Views: 6,211 |
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Valued Member
Canada
258 Posts |
Hello all, Being a Canadian I have lived all my life with the $2 denomination, first through bills, then "toonies" (hate the name and coin). I find the $2 denomination very useful because it cuts down on the number of coins/bills you carry around. Say you purchase a candy bar for $0.75 isn't it better to have 2x$2 bills and a quarter than having 4x$1 bills and a quarter? I know there is a $2 bill in the U.S.A. but they don't circulate much. So why to Americans hate $2 bills?  |
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Pillar of the Community
United States
2189 Posts |
That's a very good question.For me it just wasn't a denomination that was used.Seemed like banks never had them merchants never had them,About the only place I remember seeing them used or given as change was at a strip club. That's what I was told,Yeah! That's it. That's what I heard
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Moderator
 United States
14463 Posts |
most US cash drawers don't have a slot for the $2, so many times they are simply stuck under the drawer like bills over $20. They may not be given as change, and just get deposited in the bank.
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Valued Member
United States
212 Posts |
The US will not accept the $2 bill until they stop the $1 bill. It has been that way for decades. The main problem is that all commerce that uses cash registers etc, have to pick a slot for the $1 or the $2 bill. So as long as there are billions of $1 floating around, the $2 bill gets lost and does not have a slot in the cash register. We have tried and failed, and each time we kept the $1 bill while trying to introduce the $2 bill. They can't figure out why. duh! Just MHO of course.
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Valued Member
 Canada
258 Posts |
Thanks for the answers so far, especially yours jasper62. Perhaps people were reluctant to use them cause it advertises the fact you've been to a nudie bar lately. And in Canada, they go "the full monty", or so I've heard.  |
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Pillar of the Community
United States
965 Posts |
I don't think americans hate $2 bills, if anything they like them too much and hoard them because they think they're "valuable" or "rare". Other people haven't even heard of them, so when they do see one... they hoard it because they never see them...
Edited by 1967Canadapenny
06/05/2013 7:37 pm
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Valued Member
Canada
258 Posts |
Yeah, until a few years ago I didn't even know they existed. It would be cool if the US adopted the $1 coin, phased out the $1 bill and used that slot in the cash registers for the $2 bill. I hope I don't get flamed for saying that.
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Moderator
Australia
16834 Posts |
Back when the $2 denomination was more common, a superstition arose that owning or being given a $2 note was unlucky. You could break the bad luck by tearing the corners off before spending it.
Understandably, banknote issuers would get sick and tired of constantly reprinting perfectly good $2 notes just because some superstitious idiots were going around tearing the corners off them. So they chose to print other denominations instead.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
708 Posts |
Sap,
I've only heard of (and seen) $2 bills with only ONE corner ripped off.
Also, EVERYONE who says there is no place in most cash registers for $2 bills is WRONG. Most cash drawers have a place for both $2 bills AND halves. Most drawers have slots for $1, $2, $5, $10, $20, and some $50s could be kept under the $20s to make change for $100s, while $100s could be put in a safe, since they will not be handed back out in change, unless in the future we get $200 and/or $500 bills. And as for coins, the set up would be penny, nickel, dime, quarter, and half. The only denomination that currently has no space in cash drawers is the dollar coin, but that could also be changed, as some drawers have the ability to be converted to six-coin slots. Mostly spare rolls of coins, paper clips and other junk are kept in the places for $20s/$50s and halves. But as long as we have a $1 bill, I think the second bill slot should be used for $2 bills, and the fifth coin slot should be used for halves. However, a guy I talked to said that no one is ever going to stock their drawers with $2s. They would rather go $1, $5, $10, $20, $50, and for coins, penny, nickel, dime, quarter, spare rolls of coins.
Edited by Fox
06/05/2013 10:12 pm
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Pillar of the Community
United States
5855 Posts |
I love them, personally, but I think they never found favor simply because they are unnecessary. $1, $5, $10 and $20 provides enough variety to buy and make change as needed. A $2 bill basically serves the same purpose that, say, a $7 or a $15 bill would serve.
It's the same reason, I would imagine, that the two-cent piece and three-cent piece fell out of favor. We simply don't need that much variation to give and receive change.
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Pillar of the Community
United States
5208 Posts |
If I could get them I would spend them.
I picked up $50 in $2 a few months ago and spent them whenever I could. The last 2 I sold at face the lady behind me in line at the beer store where I was paying with half dollars and she said to her boyfriend she should buy the halve from the clerk to put in her piggy bank or whatever and then mentioned $2 bills and I told her I had 2.
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Pillar of the Community
United States
814 Posts |
Not say they arent out there, but I've never seen a cash drawer with less then 5 slots, which is enough for $1, $2, $5, $10, and $20s. Big bill still go under the drawer. I even seen a few with 6 slots.
As to the op topic. Americans dont like change. To change I should say. The bills dont circulate and as such the view is their not needed. When you think your the best, you dont think your way is wrong. Just my opinion. Sadly.
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Pillar of the Community
708 Posts |
GoldenChest,
At a pet store I used to go to, they had a casg register with only four coin slots and four bill slots, and it didn't look like the drawer had enigh room to add a fifth slot on either the bill or coin section, but I could be wrong, or it could just be an old cash register. But like I said, I had a guy tell me recently that, most cashiers like to set up their bill slots $1, $5, $10, $20, and $50, but still, as for not needed a $2 bill, you could almost make the same argument for not needing a $20 bill (or a $200 bill, if the U.S. ever talked about reissuing larger denominations) If you could live with four $1s, you could probably live with four $10s, one $5, and four $1s (or if it were the case, two $2s)
Edited by Fox
06/06/2013 01:42 am
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Pillar of the Community
United States
814 Posts |
Ah let me clarify, I support the $2 bill and its circulation. I was just trying to help the OP with his question. And I know that there are drawers with only four slots, I've just never seen one since I've started looking at tills when they open. It could just be my part of the country.
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Pillar of the Community
United States
1374 Posts |
I got a $2 bill today in change for the first time in like a decade. I was amazed. We need to start with doing away with the $1 bill, and sticking with the dollar coin.
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Pillar of the Community
Canada
3692 Posts |
A candy bar? ........ Ohhhhh, you mean a chocolate bar. ;) That's the correct Canadian terminology.
My dad used to tell me that Americans think the $2 bill is jinxed (unlucky).
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Replies: 33 / Views: 6,211 |
Posted 06/05/2013 7:26 pm
