The Tom got kind of a dirty rep, and over the years as inflation brought the value of the single and the two closer and closer together it became even less necessary. This artist cuts up cash and uses it for collage That creepy eye on the back of the dollar bill, explained $2 is the standard bet at a race track, so if you were betting $2 and you won, you might get a bunch of $2 bills back and that would show that you were gambling.” Related Why do we no longer use $1,000 bills “Prostitution back in the day was $2 for a trick, so if you were spending $2 bills it might get you into trouble with your wife. “Politicians used to be known for bribing people for votes, and they would give them a $2 bill, so if you had one it meant that perhaps you’d been bribed by a politician,” Bennardo says. It became the the perfect note for some rather nefarious purposes.
The economy recovered, but the $2 bill eventually found itself in a strange price point. “So the $2 bill really didn’t have much of a practical use.” “This was a time when our country did not have much wealth, and a lot of things cost less than a dollar,” Bennardo says. Inflation slowly brought the value of paper money down, but then the Great Depression hit. That’s because a lot of folks made less than $15 a month before the turn of the century. The $2 bill was in that first printing, along with the $1 bill, but it took a while for paper money to catch on. The story of the $2 bill starts in 1862, when the federal government printed its first nationalized paper bills, Bennardo says.
We took the question to John Bennardo, producer and director of an upcoming film called “ The $2 Bill Documentary.” It wasn’t too hard to find the definitive expert on Toms - that’s the nickname of the $2 bill thanks to the portrait of Thomas Jefferson that adorns them. Patricia Anita Young of Minneapolis asked, in essence, “What’s the deal with $2 bills?” She wanted to know why they’re so rare, if they are worth more than $2 and if the government will ever stop printing them.
#Why is my at and t bill over 100 dollars series#
Ever wondered if recycling is worth it? Or how store brands stack up against name brands? Check out more from the series here. This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small.
0 kommentar(er)
