The curious case of the $2 bill in American history

The video explores the history and cultural significance of the $2 bill, known as a 'Tom.' Initially introduced in 1862 alongside the $1 bill, it was a status symbol due to its high value relative to average monthly earnings. The bill was often used for illicit transactions, leading to its negative reputation. Production ceased in 1966 but resumed in 1976 with a special bicentennial edition. Today, while over a billion are in circulation, they are rarely used, often kept as collectibles. A subculture of enthusiasts actively uses them to keep the tradition alive.

What was the purpose of the special bicentennial bill issued in 1976?

How do people generally treat $2.00 bills in present day?