$2 bill Straps

Discussion in 'Paper Money' started by jwa_jwa_jwa, Jan 20, 2010.

  1. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    Does anyone know in what quantities the $2 BEP straps come in?
    I've seen $50, $100 and $200.

    Also, has anyone specifically requested 'fresh' straps from the bank teller? Last time I requested $2 bills, the teller handed me a strap with used bills and another one that was fresh from the BEP. I wanted to ask for both fresh straps but didn't want to start off on the wrong foot with my bank teller.
     
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  3. panther

    panther Junior Member

    $200.00. All currency straps contain 100 bills. I go to two different banks and they will order BEP with uncirculated, sequential serial #'s at face value. I have lucky enough to recieve 3 straps of all $2.00 FRB star notes and 3 straps that contain star notes.
     
  4. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    That is awesome. Though I could have sworn that I've seen $50 and $100 $2 bill straps on ebay and around the web.

    The circulated strap I received did in fact contain one star note. It is hanging proudly on my office wall right now.

    I must admit I am having fun spending the remainder of the circulated strap. People are so freaked out by the $2's.
     
  5. panther

    panther Junior Member

    I think the reverse 1976 to date is the what makes this note so pleasing to own.
     
  6. Numbers

    Numbers Senior Member

    The BEP and the FRBs strap all their currency in units of 100 notes. Some banks have different standards that they use internally.

    A friend of mine used to be the vault teller at a branch of Wells Fargo...she said they strapped their $1's and $2's in units of $50, their $5's in units of $100, and everything else in units of $500. (So a strap of $100's was five notes!) Whenever the week's currency order came in from the FRB, it was her job to break up all the 100-note straps into straps of the sizes the bank wanted, before putting them into the vault.

    So I could never get notes in original BEP straps from her bank, except that she'd sometimes save me a BEP strap of $2's if she knew I was coming to get them that week.... If someone just walked in and asked for $100 in $2's, they'd get two straps of $50 each.
     
  7. johncn54

    johncn54 New Member

    hey where can you get the straps? can you get it at any bank?
     
  8. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE


    yes you should be able to go to your local bank to get full straps. they might need to order them as $2's arent normally carried by most banks. all straps come with 100 bills. its up to each bank or bank teller on how they strap them down. working at a bank i have first hand knowledge of this;)
     
  9. jwa_jwa_jwa

    jwa_jwa_jwa Senior Member

    This was certainly the case for me. I went to the bank in early December and they told me they didn't have any $2 bills. They placed an order for me and they received it about 3 weeks later.

    I love those little suckers.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    My father in-law used to be a big time $2 Strapper, After he passed on we
    Found several of strapped $2 bills under dresser drawers hidden in book cases
    Found about $2,000 dollars so far and i anticipate much more!
     
  11. panther

    panther Junior Member

    What series are they? Pre or post 1976?
     
  12. anchor1112

    anchor1112 Senior Member

    What is the value of an all new uncirculated straps of two dollars bill (100pc). All contained with star note. Example B23234001* to B23234100* anyone?.
     
  13. panther

    panther Junior Member

    Series?
     
    NOS likes this.
  14. anchor1112

    anchor1112 Senior Member

    Each star note is suppose to replace damage, misprint, and or error note. But why is it the whole straps of 100 star notes released to the public?. Anyone.
     
    NOS likes this.
  15. Numbers

    Numbers Senior Member

    If an error note is discovered in the final inspection, after the regular notes have already been cut and strapped, then the BEP just replaces the entire strap of regular notes by a strap of star notes. It's more efficient than taking the time to undo the strap, replace one note, and reassemble the strap.
     
    NOS likes this.
  16. anchor1112

    anchor1112 Senior Member

    So are these whole straps of star notes considered rarer than individual star note?. And if so. How much will it worth on a series 2013?.
     
  17. Small Size

    Small Size Active Member

    The BEP prints star notes in such quantities that they are always available to replace defective regular notes. In the past when a series ended, its remaining star notes were destroyed. At a point in the past, probably in the 1980's, the BEP began to issue surplus star notes in packs when a series ended, rather than waste them.
    After that, one would occasionally find a pack with all or mostly all star notes. Still later, the BEP started using star notes as a sort of ready reserve. If an order was coming up short or another issue was making it complicated to fill an order, it would dip into this reserve to solve the problem. Then you started to see entire bricks of star notes.
     
  18. anchor1112

    anchor1112 Senior Member

    Thanks. That's ended my day dream.

    $2 bill production since 1976
    1976 - 590.7 million pc.
    1995 - 154.9
    2003 - 125.4
    2003A-231.1
    2009 - 135.2
    2013 - 246.3
     
    Last edited: Jan 16, 2017
  19. SteveInTampa

    SteveInTampa Always Learning

    I'm pretty sure it should read million, and not billion @anchor1112
     
  20. anchor1112

    anchor1112 Senior Member

    Ok. sorry. I have changed it. Cause I am copying the $100, $20 and $1 bill production. Those are billions.

    Thanks
     
  21. Clawcoins

    Clawcoins Damaging Coins Daily

    banks get the bills as 100 quantity bundles.
    For tellers, banks may break them down into smaller quantities, dependent upon the bank. And of course make bundles of used bills they've received.

    I can ask my CU for brand new 100qty bundles of any denomination and they'll give them to me at face value. They usually have to go to the vault for an unused bundle.
     
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