The $2 Bill: A Brief History of America's Third President

The $2 bill is a piece of United States currency that has been issued since 1862. Featuring a portrait of America's third president, Thomas Jefferson, the bill is not often seen in circulation and is largely considered a collector's item. Though its value has fluctuated over the years, it is still considered legal tender in the United States.

The story of the $2 bill begins with its predecessor, the $2 note. The note was first issued in 1862 and featured a portrait of Alexander Hamilton, the first secretary of the Treasury. This note was printed until 1876, when the U.S. Treasury changed the design of the note to feature the likeness of Thomas Jefferson, the third president of the United States. This new design was printed until 1966, when the U.S. Treasury stopped producing the note.

Though the $2 note has been out of production for over 50 years, the $2 bill continues to be printed. The bill was first issued in 1976 and featured the same portrait of Jefferson that had been used for its predecessor. Since then, the design of the bill has been updated several times, though Jefferson's portrait remains a constant.

The rarity of the $2 bill has made it a popular collectible. It is estimated that fewer than 1 percent of all bills in circulation are $2 bills. As a result, they are highly sought after by collectors and can often fetch higher prices than other bills of the same denomination.

In addition to being a collector's item, the $2 bill is also a reminder of the legacy of Thomas Jefferson. As the third president of the United States, Jefferson is best remembered for his role in drafting the Declaration of Independence. He was also an accomplished statesman, scientist, and philosopher, and his legacy continues to influence the nation today.

Despite its rarity, the $2 bill remains legal tender in the United States. It has a face value of two dollars and is accepted as payment for goods and services just like any other bill in circulation.

Though it may not be as common as other denominations, the $2 bill has a long history in the United States. As a reminder of Thomas Jefferson's legacy and a collector's item, it is sure to remain a part of the nation's currency for years to come.