when did they start making 2 dollar bills
United States two-dollar bill The denomination of two dollars was authorized under a congressional act, and first used in March 1862.[1] The denomination was continuously used until the 1960s; by this time the United States Note was the only remaining class of U.S. currency the two dollar bill was assigned to. In 1966 it was decided to discontinue all two dollar United States Notes from production.[2] The $2 bill initially was not reassigned to the Federal Reserve Note class of United States currency and was thus fully discontinued; the Treasury Department cited the $2 bill's low use and unpopularity as the reason for not immediately resuming use of the denomination. In 1976 production of the two-dollar denomination was resumed and the two-dollar bill was finally assigned as a Federal Reserve Note, with a new reverse design featuring John Trumbull's depiction of the drafting of the United States Declaration of Independence replacing the previous design of Monticello. It has remained a current denomination since then.[3] It was estimated that if the two-dollar bill replaced approximately half of the one-dollar bills in circulation, the federal government would be able to save about $26 million in 1976 dollars ($109Â million adjusted for inflation)[4] over the period from 1976 to 1981, due to reduced production, storage, and shipping costs.[5]
Large denominations of United States currency Although they are still technically legal tender in the United States, high-denomination bills were last printed on December 27, 1945, and officially discontinued on July 14, 1969, by the Federal Reserve System,[9] due to 'lack of use'. The $5,000 and $10,000 effectively disappeared well before then.[nb 1]