The $2 Dollar bill made its debut in 1862 as a “Legal Tender Note” with Alexander Hamilton.
Seven years later in 1869 Hamilton was replaced by Jefferson.
Hamilton was replaced in 1886 by General Winfield Scott Hancock.
Treasury or Coin notes were introduced in 1890 with the portrait of James. B. McPherson.
1891 William Windom replaced Hancock on “US Treasury Silver Certificates.”
In 1896 Windom was replaced allegorical figures representing Science presenting Steam and Electricity to Commerce- This series was referred to as the Educational Series.
With the new 1899 series George Washington’s portrait was used.
1918 Thomas Jefferson was again used as a portrait with the first Federal Reserve Bank Notes. The back had a battleship at center.
1928 The back was changed from a battleship to Jefferson’s Monticello. Monticello would stay on the back until 1963.
The $2 bill was not favored by the public and poor circulation reduced the need for replacements.
1976 Celebrating the Bicentennial year the $2 bill was redesigned with the signing of the Declaration of Independence.
It is still printed today but only as replacements are needed. The United States would like to see these used more to reduce costs of keeping the $1 bill in circulation as many other countries have completely discontinued single unit notes.
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