The United States $2 Bill is one of the smallest denominations of U.S. Paper Money. The obverse has the oldest design of any current U.S. currency and was adopted in 1929. This is a picture of the third U.S. President, Thomas Jefferson. On the reverse of the bill, the second oldest design adopted in 1976, is the painting, The Declaration of Independence by John Trumbull.

The first year that the United States $2 Bill was printed was 1862 as a Large Size Legal Tender Note. It originally had a portrait of Alexander Hamilton and then was later redesigned in 1869 with Thomas Jefferson’s picture. In 1886, the $2 Silver Certificate was issued and it had a portrait of U.S. Civil War General Winfred Scott Hancock. Over the years, the $2 Silver Certificate was redesigned and issued out. One of the most famous was the “Educational Series” Silver Certificate in 1896.

In 1929, all U.S. currency was changed to its smaller, current size and the $2 bill was kept as United States Note also known as a Legal Tender Note. The obverse had Thomas Jefferson on it and on the reverse was his home, the Monticello. On this note, the seal and serial number were both red. The $2 bills were officially discontinued in August 1966 after being changed in 1953 and 1963.

The $2 bill was redesigned and reissued as a Federal Reserve Note for the United States’ Bicentennial in 1976 ($2.00 = 200 cents). This is the same design that the current $2 bills have today.

Today, $2 bills are rarely found in circulation but are considered collectible. Collectible $2 bills include large size notes, red seal small-sized $2 Federal Reserve Notes , $2 Federal Reserve notes not put into circulation, and notes in Series 1976 $2 bills with canceled stamps.

In this day and age, Canada has only five different banknotes ($5, $10, $20, $50, $100) that are currently being printed. This is because large amounts of money can be electronically transferred and small amounts, such as a $1, have been replaced by coins. Due to all of this, the twenty-five-cent bill, the one-dollar bill, the two-dollar bill, the four-dollar bill, the twenty-five-dollar bill, the five-hundred-dollar bill, and the thousand-dollar bill have been withdrawn from circulation.

The twenty-five-cent bill was issued  in 1870 by the Dominion of Canada. It was also known as a shinplaster. This bill was intended to be around for only a short time, but was reissued in 1900 and 1923 then recalled by the Bank of Canada in 1935.

The one-dollar bill stopped being printed in 1989 and was replaced with the loonie.

The two-dollar bill stopped being printed in 1996 and was replaced by the toonie. These are not seen very often in circulation anymore, although there was over 109,000,000 notes that were not returned to the Bank of Canada in 2006.

The four-dollar bill started being issued in 1871 by the Dominion of Canada. It was last issued in 1904 and was withdrawn in 1912 to be replaced with the five-dollar bill.

The twenty-five-dollar bill was issued by the Bank of Canada in 1935 to commemorate the silver jubilee of King George V. It was a limited release not printed in big amounts.

In 1935, the Bank of Canada issued  the five-hundred-dollar bill. It has not been printed again since.

The thousand-dollar bill stopped being printed in 2000. The demand for this bill was low and it was used for money laundering so it was withdrawn.