– [Narrator] Open up your
wallet and you’d expect to find ones, 10s, 20s, and maybe even a hundo. The last thing you’d ever expect is a Tom, also known as a $2 bill. Here’s why: ♫ Let me show you the money It was 1862, the federal
government had just started printing its first paper money. The first and only denominations
were the $1 and $2 bills. And keep in mind, at the time, people were making about $15 a month. To pay using a $2 bill was a status symbol on the wealthiest of
Americans could afford, and a lot of the time they used them for under the table transactions
like political bribes, prostitutes, and gambling. The Tom ultimately got a bad
rap and was deemed unnecessary. In 1966, the government
took a 10-year hiatus and stopped printing those bad boys. But in 1976, the government
gave them another try, this time classing them up a bit, issuing a special bicentennial bill. A little too classy, some would argue. People began hiding them
away as collectors items, leading to less bills in circulation, which brings us to present day. Though rare, Toms are still being printed and there are over a
billion in circulation. Most people keep them as keepsakes, though there is a
sub-culture of $2 ambassadors who are set on keeping the
Tom alive by using them every chance they get. So, the next time you’re paying with cash, go ahead, use a Tom.

Author Since: Mar 11, 2019

  1. I read online a kid got in trouble for trying to buy school lunch with a $2 bill

    It's just a little kid why would you try to call the cops on a kid who didn't know anything about $2s

  2. Mom works at ticket booth and if someone gives her $2 bill and she has ones in her purse she will replace it and take the $2 bill.

  3. Before my grandma died, we were going around her room, cleaning up. (We didn’t know she wasn’t going to get better) and I found 2 two dollar bills, I will probably never be able to spend them

  4. in canada we have 5 cents, 10 cents, 25 cents, 1 dollar coin, 2 dollar coin, 5 dollar bill, 10 dollar bill, 20 dollar bill, 50 dollar bill and 100 dollar bill

  5. I'm quite happy that in SG we still have a $2 bill but no longer a $1 note and that we have to use $1 coins

  6. as a "gimmick" in the 70s,, we kept 2s in our restaurant register as we ran a lunch buffet that ended up a little less than 3.00 including drink,, so when people would pay with a 5 they would get a 2 in change

  7. Bro my dad works at a bank and every time they pay him he always say “can you guys pay me in 2 dollar bills” and when my dad comes home he will give me 5 of them 2 dollar bills

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