5 ms·

kinda off topic but since you're an expert here: what do people do with these uncut sheets? Is it mainly for collectors? also, my favorite form of getting curr

kinda off topic but since you're an expert here: what do people do with these uncut sheets? Is it mainly for collectors? also, my favorite form of getting currency is $2 bills in a 100 stack (so $200) from the bank. I used to use these for gift money on holidays :) but unfortunately my credit union doesn't order new stacks anymore, just jumbled up old $2 bills now.

nlh 2y ago
A great question - it's something the BEP offers to collectors basically for the cool factor. People frame them, give them as gifts, etc. It's just kind of fun to see real money as it comes off the press (and, thankfully, it inspires lots of collectors!) $2 bills are SUPER fun. 99.9% are not worth more than $2, but they still bring a smile to peoples' faces when you leave them as tips, etc. I always keep a stack in my cash box at coin shows to give out as change to kids, tips to the pages, etc.
- j7ake 2y ago
  Is there a market to buy 2 dollar bills for less than two? You say they’re worth less so maybe it’s an arbitrage opportunity
  - furyofantares 2y ago
    > You say they’re worth less They said they're (mostly) not worth more than $2. They aren't worth less than $2 either. They are worth $2.
    - TrainedMonkey 2y ago
      $2 bills are somewhat rare and are considered lucky. We could use math to prove that on average $2 dollar bill is worth more than $2. 1 - There exist collectable $2 dollar bills which are worth significantly more than $2. 2 - there are no $2 dollar bills which are worth less than $2 due to being legal tender. From 1 and 2 - average value of all $2 bills is above $2.
      - sangnoir 2y ago
        Counterpoint: there are places in the world where people will not accept a $2 bill due to unfamiliarity - it may as well be a $7 bill. Therefore, there exists a $2 that's worth nothing as legal tender.
      - toast0 2y ago
        All it takes is a cooperating bank teller, $200, and some patience and you can order a strap of $2's. Chances are large that 100 uncirculated $2 bills in sequential order will be ready for you to pick up in a few days. I don't expect there's much more value than $200 in there, but if you disagree, you're welcome to figure out what your local bank's limit on currency ordering is :P
        bombcar 2y ago
        The San Diego zoo used to make a point of stocking all their cashiers with $2 bills, as a subtle "this is how much we bring to the local economy" indicator. It's not a bad idea for a small business, either, until everyone starts doing it.
        noduerme 2y ago
        There's a strip club in Portland that only gives out $2 bills in change, as the minimum you should toss on stage at any one time. What's really funny is, if you walk into any other bar in Portland and tip with them, there's a good chance the bartender will ask if you've just been to that stripclub.
- kibibyte 2y ago
  I’m visiting Vietnam for Tet, and one cultural quirk of theirs that I’ve learned is that $2 bills are considered lucky money. So much so that kids there will hold onto those $2 bills as keepsakes (though they could spend them). And thus I made my first ever trip to the bank to special order a bunch of $2s. Something I wonder is if an uncut sheet of $2 bills would be considered extraordinarily lucky, because it’s a bunch of $2s in nearly mint condition. Or if it would be considered incredibly unlucky because those kids would have no easy way of cutting them perfectly.
- carstenhag 2y ago
  Why do people smile about $2 notes? (In Europe no one would bat an eye about any € coin. Only the now-discontinued but still legal 500€ notes have this effect)
  - bragr 2y ago
    They are fairly rare. They are the least printed bill [1] and aren't included in a typical cash register, so just randomly stumbling upon one in the wild is a pretty rare. Sometimes people think they are fake because they've never seen one before. The only reliable way to get them is to specially request them from a bank or order them from the government. Also, because of the novelty, people tend to collect them, at least informally, so they don't tend to circulate much either. [1] https://www.bep.gov/currency/production-figures/annual-production-reports https://www.bep.gov/currency/production-figures/annual-produ...
    - NegativeK 2y ago
      When I worked fast food, a customer paid with a few $2 bills. It wasn't strange to me. But when I tried to hand them as change to another customer, they looked at me like I was an idiot and demanded that I pay them in real money. Before then, I was cashing my paycheck at a bank. I'd occasionally ask them for $50 of it in $2 bills. The bank had them approximately half the time, and it was fun to pay for things with them.
      - throwup238 2y ago
        They’re popular at strip clubs because it means a bigger tip rate for the dancers.
    - Kiro 2y ago
      How do people know that they are rare? I don't even know what bills exist in my country but I know they keep changing them now and then. I wouldn't be able to tell whether it was rare or just a new bill I haven't seen before.
      - 2y ago
cabirum 2y ago
Wallpaper?
qingcharles 2y ago
I bought a sheet of $2 bills and tried to cut them myself with scissors first. My wife took one look at my handiwork and said "Well, you're going to jail."
type_enthusiast 2y ago
Steve Wozniak famously would get a bunch of $2 uncut sheets, and have them perforated and bound into a tear-off book. Then, he would dramatically produce the book and tear out a sheet of them to pay for things, as a sort of gag. I think it got him investigated by the Secret Service at one point.
- bossyTeacher 2y ago
  > I think it got him investigated by the Secret Service at one point. Is it illegal?
  - tedunangst 2y ago
    It is discouraged to well actually I didn't technically say that they were counterfeit although someone who is not as very smart as me may have incorrectly concluded that from my ambiguous statements.
  - throwup238 2y ago
    No but the Secret Service is basically required to investigate if someone sends them a tip that they suspect they’ve seen more than four (five?) counterfeit notes at a time.
unregistereddev 2y ago
Woz pays a print shop to perforate them so that he can troll people by tearing perforated bills off a sheet and handing them out. If anyone asks where he got them, he says "Oh I have some friends at a print shop that do these up for me" and leaves out the part where they started as uncut sheets of legal currency. https://www.coinbooks.org/esylum_v18n36a40.html https://www.coinbooks.org/esylum_v18n36a40.html I wouldn't advise doing this. Story goes he's been pulled into a room by the secret service for questioning.
- thebruce87m 2y ago
  Shame the link in the article to read the rest of the story doesn’t work Edit: full story: https://web.archive.org/web/20180311084811/http://archive.woz.org/letters/general/78.html https://web.archive.org/web/20180311084811/http://archive.wo...
  - jabroni_salad 2y ago
    Could just watch Mr woz explain it directly: https://youtu.be/LJ1TIYxm1vM?si=o2GHQaFirc9_alwe https://youtu.be/LJ1TIYxm1vM?si=o2GHQaFirc9_alwe I will point out since this site is full of professional pedants, Woz plainly enjoys the art and craft of exaggerating stories and not correcting interviewers :)
charleslmunger 2y ago
https://www.washingtonpost.com/wp-dyn/content/article/2008/09/17/AR2008091703941.html https://www.washingtonpost.com/wp-dyn/content/article/2008/0...
glzone1 2y ago
* With $1 bills wrap a gift with them as "wrapping paper" you bought at the mall. Generates lots of confusion because it's freaky how real they look (because they are in fact real dollars). Recipient can keep as a novelty or cut up and use. * If you are giving a gift to someone you know is into crafting and has a precision paper trimmer you can wrap a gift with some higher value items ($100 or $200 total) so the wrapping paper is the gift. Or crumple and use as padding inside the box. I find this annoying personally. * Talk about money and how they make money with your kids - the novelty is a plus here.

nlh 2y ago

A great question - it's something the BEP offers to collectors basically for the cool factor. People frame them, give them as gifts, etc. It's just kind of fun to see real money as it comes off the press (and, thankfully, it inspires lots of collectors!) $2 bills are SUPER fun. 99.9% are not worth more than $2, but they still bring a smile to peoples' faces when you leave them as tips, etc. I always keep a stack in my cash box at coin shows to give out as change to kids, tips to the pages, etc.

j7ake 2y ago
Is there a market to buy 2 dollar bills for less than two? You say they’re worth less so maybe it’s an arbitrage opportunity
- furyofantares 2y ago
  > You say they’re worth less They said they're (mostly) not worth more than $2. They aren't worth less than $2 either. They are worth $2.
  - TrainedMonkey 2y ago
    $2 bills are somewhat rare and are considered lucky. We could use math to prove that on average $2 dollar bill is worth more than $2. 1 - There exist collectable $2 dollar bills which are worth significantly more than $2. 2 - there are no $2 dollar bills which are worth less than $2 due to being legal tender. From 1 and 2 - average value of all $2 bills is above $2.
    - sangnoir 2y ago
      Counterpoint: there are places in the world where people will not accept a $2 bill due to unfamiliarity - it may as well be a $7 bill. Therefore, there exists a $2 that's worth nothing as legal tender.
    - toast0 2y ago
      All it takes is a cooperating bank teller, $200, and some patience and you can order a strap of $2's. Chances are large that 100 uncirculated $2 bills in sequential order will be ready for you to pick up in a few days. I don't expect there's much more value than $200 in there, but if you disagree, you're welcome to figure out what your local bank's limit on currency ordering is :P
      - bombcar 2y ago
        The San Diego zoo used to make a point of stocking all their cashiers with $2 bills, as a subtle "this is how much we bring to the local economy" indicator. It's not a bad idea for a small business, either, until everyone starts doing it.
        noduerme 2y ago
        There's a strip club in Portland that only gives out $2 bills in change, as the minimum you should toss on stage at any one time. What's really funny is, if you walk into any other bar in Portland and tip with them, there's a good chance the bartender will ask if you've just been to that stripclub.
kibibyte 2y ago
I’m visiting Vietnam for Tet, and one cultural quirk of theirs that I’ve learned is that $2 bills are considered lucky money. So much so that kids there will hold onto those $2 bills as keepsakes (though they could spend them). And thus I made my first ever trip to the bank to special order a bunch of $2s. Something I wonder is if an uncut sheet of $2 bills would be considered extraordinarily lucky, because it’s a bunch of $2s in nearly mint condition. Or if it would be considered incredibly unlucky because those kids would have no easy way of cutting them perfectly.
carstenhag 2y ago
Why do people smile about $2 notes? (In Europe no one would bat an eye about any € coin. Only the now-discontinued but still legal 500€ notes have this effect)
- bragr 2y ago
  They are fairly rare. They are the least printed bill [1] and aren't included in a typical cash register, so just randomly stumbling upon one in the wild is a pretty rare. Sometimes people think they are fake because they've never seen one before. The only reliable way to get them is to specially request them from a bank or order them from the government. Also, because of the novelty, people tend to collect them, at least informally, so they don't tend to circulate much either. [1] https://www.bep.gov/currency/production-figures/annual-production-reports https://www.bep.gov/currency/production-figures/annual-produ...
  - NegativeK 2y ago
    When I worked fast food, a customer paid with a few $2 bills. It wasn't strange to me. But when I tried to hand them as change to another customer, they looked at me like I was an idiot and demanded that I pay them in real money. Before then, I was cashing my paycheck at a bank. I'd occasionally ask them for $50 of it in $2 bills. The bank had them approximately half the time, and it was fun to pay for things with them.
    - throwup238 2y ago
      They’re popular at strip clubs because it means a bigger tip rate for the dancers.
  - Kiro 2y ago
    How do people know that they are rare? I don't even know what bills exist in my country but I know they keep changing them now and then. I wouldn't be able to tell whether it was rare or just a new bill I haven't seen before.
    - 2y ago

cabirum 2y ago

Wallpaper?

qingcharles 2y ago

I bought a sheet of $2 bills and tried to cut them myself with scissors first. My wife took one look at my handiwork and said "Well, you're going to jail."

type_enthusiast 2y ago

Steve Wozniak famously would get a bunch of $2 uncut sheets, and have them perforated and bound into a tear-off book. Then, he would dramatically produce the book and tear out a sheet of them to pay for things, as a sort of gag. I think it got him investigated by the Secret Service at one point.

bossyTeacher 2y ago
> I think it got him investigated by the Secret Service at one point. Is it illegal?
- tedunangst 2y ago
  It is discouraged to well actually I didn't technically say that they were counterfeit although someone who is not as very smart as me may have incorrectly concluded that from my ambiguous statements.
- throwup238 2y ago
  No but the Secret Service is basically required to investigate if someone sends them a tip that they suspect they’ve seen more than four (five?) counterfeit notes at a time.

unregistereddev 2y ago

Woz pays a print shop to perforate them so that he can troll people by tearing perforated bills off a sheet and handing them out. If anyone asks where he got them, he says "Oh I have some friends at a print shop that do these up for me" and leaves out the part where they started as uncut sheets of legal currency. https://www.coinbooks.org/esylum_v18n36a40.html https://www.coinbooks.org/esylum_v18n36a40.html I wouldn't advise doing this. Story goes he's been pulled into a room by the secret service for questioning.

thebruce87m 2y ago
Shame the link in the article to read the rest of the story doesn’t work Edit: full story: https://web.archive.org/web/20180311084811/http://archive.woz.org/letters/general/78.html https://web.archive.org/web/20180311084811/http://archive.wo...
- jabroni_salad 2y ago
  Could just watch Mr woz explain it directly: https://youtu.be/LJ1TIYxm1vM?si=o2GHQaFirc9_alwe https://youtu.be/LJ1TIYxm1vM?si=o2GHQaFirc9_alwe I will point out since this site is full of professional pedants, Woz plainly enjoys the art and craft of exaggerating stories and not correcting interviewers :)

charleslmunger 2y ago

https://www.washingtonpost.com/wp-dyn/content/article/2008/09/17/AR2008091703941.html https://www.washingtonpost.com/wp-dyn/content/article/2008/0...

glzone1 2y ago

* With $1 bills wrap a gift with them as "wrapping paper" you bought at the mall. Generates lots of confusion because it's freaky how real they look (because they are in fact real dollars). Recipient can keep as a novelty or cut up and use. * If you are giving a gift to someone you know is into crafting and has a precision paper trimmer you can wrap a gift with some higher value items ($100 or $200 total) so the wrapping paper is the gift. Or crumple and use as padding inside the box. I find this annoying personally. * Talk about money and how they make money with your kids - the novelty is a plus here.