2 Dollar Bill With Monticello On The Back
Most people might not have seen a 2 dollar bill, let alone the one with Monticello on the back. In this article, we will explore the history and significance of the 2 dollar bill with Monticello on the back.
History of the 2 Dollar Bill
The 2 dollar bill was first introduced in 1862, during the Civil War. Its purpose was to make up for the shortage of coins during that time. However, it was not until 1929 that the 2 dollar bill became a regularly issued denomination of US currency.
Design of the 2 Dollar Bill
The front of the 2 dollar bill features a portrait of Thomas Jefferson, the third president of the United States. The back of the bill has different designs depending on the series. One of the most famous designs is the Monticello design.
Monticello Design
The Monticello design on the back of the 2 dollar bill features a detailed illustration of the home of Thomas Jefferson in Charlottesville, Virginia. The design has been used on the back of the bill since 1928.
Significance of Monticello on the 2 Dollar Bill
Monticello represents the home and legacy of Thomas Jefferson, who played a significant role in the formation of the United States. Jefferson was not only a founding father but also the author of the Declaration of Independence. The Monticello design on the 2 dollar bill showcases the important contributions that Jefferson made to the United States.
Is the 2 Dollar Bill Rare?
Although the 2 dollar bill is not as common as other denominations, it is not considered rare. The Federal Reserve estimates that there are over 1.2 billion 2 dollar bills in circulation today. However, due to its unique design, many people collect the 2 dollar bill with Monticello on the back as a novelty item.
Conclusion
The 2 dollar bill with Monticello on the back is a unique and significant piece of US currency. Its design showcases the importance of Thomas Jefferson in the formation of the United States. While it may not be as common as other denominations, it is not considered rare and can still be found in circulation today.