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#1
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$2 Bills (What went wrong?)
One thing I don't understand is, why don't retailers order and use $2 bills?
And why don't banks actively give them out as needed? There is a spot in most cash regesters ($1, $2, $5, $10, $20) larger denominations and checks and other things that end up in the fifth slot should be put under the drawer. I don't see why the government won't push for wider circulation of the $2 bill. It may save money and maybe retailers wouldn't run out of $1 bills as much. I think banks handing out $2 bills would be the key to their circulation. Of course, who knows, with people saving $2 bills. I was thinking of trying to get some stores to use $2 bills if I supply the store with them. Tom |
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#2
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Malanutt 4 Life wrote:
One thing I don't understand is, why don't retailers order and use $2 bills? And why don't banks actively give them out as needed? There is a spot in most cash regesters ($1, $2, $5, $10, $20) larger denominations and checks and other things that end up in the fifth slot should be put under the drawer. I don't see why the government won't push for wider circulation of the $2 bill. It may save money and maybe retailers wouldn't run out of $1 bills as much. I think banks handing out $2 bills would be the key to their circulation. Of course, who knows, with people saving $2 bills. I was thinking of trying to get some stores to use $2 bills if I supply the store with them. Tom $2 was never heavily used in the USA. In fact, recall that many years ago, the common denomination in that range was $2.50 (gold Quarter Eagles). -- ___________________________________________ ____ _______________ Regards, | |\ ____ | | | | |\ Michael G. Koerner May they | | | | | | rise again! Appleton, Wisconsin USA | | | | | | ___________________________________________ | | | | | | _______________ |
#3
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"Malanutt 4 Life" wrote in message ... One thing I don't understand is, why don't retailers order and use $2 bills? And why don't banks actively give them out as needed? There is a spot in most cash regesters ($1, $2, $5, $10, $20) larger denominations and checks and other things that end up in the fifth slot should be put under the drawer. I don't see why the government won't push for wider circulation of the $2 bill. It may save money and maybe retailers wouldn't run out of $1 bills as much. I think banks handing out $2 bills would be the key to their circulation. Of course, who knows, with people saving $2 bills. I was thinking of trying to get some stores to use $2 bills if I supply the store with them. Tom I can tell you that some, especially older people are rather suspicious of them. Back in earlier years they were the amount of a bet at horse races, and that has led to some allegations that is why people don't like them. Frankly whatever happened in the past to tarnish the image of the deuce, it lasted long enough that most people do not like it, and now don't even realise why. Dave --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.530 / Virus Database: 325 - Release Date: 10/22/03 |
#4
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"Scottishmoney" wrote in message ... I can tell you that some, especially older people are rather suspicious of them. Back in earlier years they were the amount of a bet at horse races, and that has led to some allegations that is why people don't like them. Frankly whatever happened in the past to tarnish the image of the deuce, it lasted long enough that most people do not like it, and now don't even realise why. Dave I can second that. I'm just now reading a book on collecting Australian Coins. It was published in 1966, and it mentions as an aside that that the US$2 bill has long been held to be "unlucky". This from nearly 40 years ago, and the "other" side of the world. |
#5
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"A.Gent" wrote in message u... "Scottishmoney" wrote in message ... I can tell you that some, especially older people are rather suspicious of them. Back in earlier years they were the amount of a bet at horse races, and that has led to some allegations that is why people don't like them. Frankly whatever happened in the past to tarnish the image of the deuce, it lasted long enough that most people do not like it, and now don't even realise why. Dave I can second that. I'm just now reading a book on collecting Australian Coins. It was published in 1966, and it mentions as an aside that that the US$2 bill has long been held to be "unlucky". This from nearly 40 years ago, and the "other" side of the world. My grandfather died last year, whilst we were going through some old trunks at my Grandparents home, I found an old envelope in one of the boxes. It contained 4 $2 bills from the 1928 series, all but one which had had small portions of the corners torn off. Apparently that was thought to undo the bad luck. Somewhere else in the accumulation I found some 1935 era silver certificates. Nothing too exciting but neat surprises nonetheless. Dave --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.530 / Virus Database: 325 - Release Date: 10/22/03 |
#6
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That's easy.
The banks. Take Bank of America for example. The merchant change form had lines for dollar coins and twos on the BACK where the incoming money is listed and NO lines for requesting dollar coins or Twos on the front of the form. They did everything possible to "train" the merchant customers to stop asking for those denominations. The new forms now have those denominations listed. I wrote a few letters over the years, but I never saw any action until they merged with Nations Bank. Anyone have stories about their banks? -Fred Shecter -- ""Remove "zorch" from address (2 places) to reply. "Malanutt 4 Life" wrote in message ... One thing I don't understand is, why don't retailers order and use $2 bills? And why don't banks actively give them out as needed? There is a spot in most cash regesters ($1, $2, $5, $10, $20) larger denominations and checks and other things that end up in the fifth slot should be put under the drawer. I don't see why the government won't push for wider circulation of the $2 bill. It may save money and maybe retailers wouldn't run out of $1 bills as much. I think banks handing out $2 bills would be the key to their circulation. Of course, who knows, with people saving $2 bills. I was thinking of trying to get some stores to use $2 bills if I supply the store with them. Tom |
#7
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In article , Fred Shecter
wrote: Take Bank of America for example. The merchant change form had lines for dollar coins and twos on the BACK where the incoming money is listed and NO lines for requesting dollar coins or Twos on the front of the form. They did everything possible to "train" the merchant customers to stop asking for those denominations. The new forms now have those denominations listed. I wrote a few letters over the years, but I never saw any action until they merged with Nations Bank. Now that Fleet is being bought by, oh I'm sorry, MERGING with Bank of America, I wonder if Fleet's policies on halves, dollar coins and twos will become better or worse? (Being from the Northeast, I've never seen a Bank of America branch.) Paul -- Paul Anderson OpenVMS Engineering Hewlett-Packard Company |
#8
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"Paul Anderson" wrote in message news:311020031021242599% Now that Fleet is being bought by, oh I'm sorry, MERGING with Bank of America, I wonder if Fleet's policies on halves, dollar coins and twos will become better or worse? (Being from the Northeast, I've never seen a Bank of America branch.) Paul I would hope it would be better, Bank of America was aaaaawwwwwwwfuuuuulllllll when I had to deal with them for foreign currency exchange. I have never used any but local yokel banks since then. Dave --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.530 / Virus Database: 325 - Release Date: 10/22/03 |
#9
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What I see in those 5 slots in most stores in $1, $5, $10, $20 and
checks with the whatever stuff all in that 5th slot, and coin rolls. I've been getting $2 bills from my bank as they have them and been spending them with no negative looks, unlike the $1 coin, which I aggressively spend tooG. Malanutt 4 Life wrote: One thing I don't understand is, why don't retailers order and use $2 bills? And why don't banks actively give them out as needed? There is a spot in most cash regesters ($1, $2, $5, $10, $20) larger denominations and checks and other things that end up in the fifth slot should be put under the drawer. I don't see why the government won't push for wider circulation of the $2 bill. It may save money and maybe retailers wouldn't run out of $1 bills as much. I think banks handing out $2 bills would be the key to their circulation. Of course, who knows, with people saving $2 bills. I was thinking of trying to get some stores to use $2 bills if I supply the store with them. Tom |
#10
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I can tell you from my personal experiences that Bank of America is a
lousy bank to deal with in the Southwest(NM). They don't give a rats ass with a 4' tail about your money, you or your opinion, but they are big and society has deemed that banks and credit cards etc are the only way to do business. Paul Anderson wrote: Now that Fleet is being bought by, oh I'm sorry, MERGING with Bank of America, I wonder if Fleet's policies on halves, dollar coins and twos will become better or worse? (Being from the Northeast, I've never seen a Bank of America branch.) Paul |
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