Thomas Jefferson on the $2 Bill: What You Need to Know

The United States two-dollar bill ($2) is a current denomination of U.S. currency. A portrait of Thomas Jefferson, the third President of the United States, is featured on the front of the bill. Despite its prevalence, many Americans are unaware of the significance of the $2 bill. This article will explore the history, value, and political implications of the $2 bill.

History The two-dollar bill has a long and storied history dating back to the 1800s. It was first issued in 1862 in response to increased demand for paper money. Initially, it was fairly common and was printed until 1966. It was then discontinued due to its unpopularity, with the last of the original two-dollar bills being printed in 1966. After the discontinuation of the bill, it was not printed again until 1976 when it was reintroduced as part of the United States Bicentennial celebration. Since then, the two-dollar bill has been printed intermittently, with the most recent prints being released in 2003.

Value The value of the two-dollar bill varies depending on its age and condition. Any $2 bill dating back to 1976 that has been in circulation—and any uncirculated versions since 2003—are worth only their face value, which is $2. However, older bills in pristine condition can be worth much more. For example, rare bills from the 1800s in uncirculated condition can be worth up to $4,500.

Political Implications The choice of Thomas Jefferson as the face of the two-dollar bill has not been without controversy. In 2016, the Obama Administration announced that it was considering replacing Jefferson with Harriet Tubman, an African-American slave-owning president, with the justification being “pure political correctness.” This proposed change sparked a heated debate, with some arguing that Tubman was a more deserving candidate for the bill, while others argued that Jefferson was an essential part of American history and should remain on the bill. Ultimately, the proposal was dropped, and Jefferson remains on the two-dollar bill.

Conclusion The two-dollar bill is a unique and interesting part of American currency. Its history and value provide a fascinating glimpse into the past. Moreover, the choice of Thomas Jefferson as the face of the bill has raised important questions about the implications of political correctness in American society. As the two-dollar bill continues to be printed, its history and significance will remain a source of intrigue for years to come.