Many Americans have long derided the $2 note as the unloved stepsibling
of the $1 note. Some people even believe that $2 bills are no longer in use,
are rare, or are no longer printed.However, according to the Federal Reserve,
there were only 1.6 billion crisp $2 notes in circulation in 2023—a negligible
number when compared to 14.5 billion $1 or 11.2 billion $20 notes.The banknote,
which is widely undervalued, has acquired some traction in the last 20 years.
In 2004, there were just 0.07 billion in circulation, which is a tiny portion
of the $24.2 billion in currency that year.The Bureau of Engraving and Printing
(BEP) explains that “for most of their history, $2 notes have been unpopular,
being viewed as unlucky or simply awkward to use in cash exchanges