Santa Dollars

Have you ever see a U.S. dollar bill with the image of a smiling Santa Claus, instead of the usual George Washington portrait? These banknotes are called ‘Santa Dollars’ or ‘Santa Claus Dollars’, and are regular dollar bills on which a seal (or sticker) with Santa’s image is attached.

The Santa Dollar is legal tender and both bankable and spendable, approved by the Department of the Treasury of the United States Secret Service on February 19, 1986 and January 13, 1994 under Statue 333 USCA and is filed with the United States Patent and Trademark Office No. 1674185. Over the years, the dollars and greeting cards have become popular Christmas Collectibles.

The Santa Dollar program is an interesting way for companies to work with charities of their choice.The business selling the Santa Dollars receives a package from Marketing Productions which includes santa stickers, Santa Dollar cards, and envelope. It is then on the business to retrieve uncirculated dollar bills from the bank and attach the santa sticker on the dollar bill atop Washington. For customers at the business, it cost $2.50 to purchase the Santa Dollar.  The $2.50 breakdowns as follows: $1 is given back to the business who initially supplied the dollar bill made into the Santa Dollar, $1 is given to the charity, and .50 cents goes to Marketing Productions who distributes the package materiels.

Since 1985, Santa Dollars have raised tens of millions of dollars for various charities across the United States. Corporate leaders, as well as small businesses, have worked to raise funds for the needs of their communities. They have joined hands to form a network of hope. The efforts of all these dedicated people have created the “magic” that has fueled the Santa Dollar program. Some of these charities include American Cancer Society, Boys & Girls Club of America, Humane Society, Make-A-Wish Foundation, March of Dimes, St. Jude Hospital, and hundreds more.

The company has since expanded to other holidays with Angelic Notes, Bunny Bucks, Cupids Cash, and Birthday Buck a Roos.

All about the $2 Bill

Each  year, the United States Treasury receives many letters from the public wondering why $2 bills are no longer in circulation.  The answer? They are!  The history of the $2 bill is rather long and inconsistent but interesting nonetheless. Decades have passed without any of these bills being printed, making it easy to see why some people might not even know they still exist in circulation.

In 1862, the first $2 bills began rolling off the presses.  Alexander Hamilton was featured on the front until 1869, when it was redesigned to feature Thomas Jefferson instead.  Soon afterwards people began referring to the $2 bill as a “Tom.”

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As with most paper currency at this time, the $2 bill was a much larger size than we see today, measuring 89× 79 mm.  In 1928  all United States Currency was changed to its current size.

The $2 bills issued in 1928 were called United States Notes, but still featured Thomas Jefferson on the obverse.

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After the 1928 issues, $2 bills were not produced again until 1953.  Because they were not the most popular bill in circulation, they printed fewer of them.  This caused people to begin hoarding them, making them even more scarce!

In 1963, the words “In God We Trust” were added to the reverse, right above the image of Monticello.  They continued to print this version until 1966 when it was discontinued.

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On April 13, 1976, the $2 bill was reintroduced to help commemorate the country’s bicentennial and as a way to cut down on costs.  The theory was that the Treasury could print half as many $1 bills by issuing them as $2 instead.  This could have saved the Treasury $26 million at the time.  In reality, a lot of people really liked the 1976 notes and chose to save them as collectors pieces as opposed to spending them.

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Today, $2 bills are growing in popularity, although many people still see them as simply a collectors piece.  This mindset has led to the $2 bill becoming the rarest current denomination of US Currency.  Only 1% of US currency in circulation is the $2 bill.

Low circulation numbers have given the $2 bill another unique purpose. Bank tellers often place a $2 bill in their till, at the bottom of their stack of $1 bills.  They keep the serial number of the $2 recorded, and should a robbery ever occur, they can use that serial number to track the suspect.

Although not the most popular of bills to spend, the $2 bill has certainly been popular to save and collect and has served several important purposes over the years.  We have a large variety of $2 bills or “Toms” listed in our eBay store for you to peruse. Consider adding some to your collection today!