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American Morning

$2 Greenback Making a Comeback

Aired June 13, 2003 - 09:22   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


BILL HEMMER, CNN ANCHOR: Minding our business right now, Andy's off, Gerri's in.
The $2 greenback making a comeback.

GERRI WILLIS, FINANCIAL CORRESPONDENT: That's right.

HEMMER: Is it worth it?

WILLIS: Well, you know...

HEMMER: Does anyone like this?

WILLIS: You have one, right? You told me you have one.

HEMMER: I have one, yes.

WILLIS: Just the one.

HEMMER: I see it more as a collector's item. I don't want to use it. I don't want to spend it.

WILLIS: Well, OK, you can corner this market. The Treasury is reprinting $2 bills because their own stash of $2 bills is dwindling. They only have 9.5 million $2 bills, so they're going to make some more.

HEMMER: Now, is that because people are holding onto them, much like remember when that $1 coin came out and people are keeping them for...

WILLIS: Yes, people like to collect them. But other people don't care for them at all. For example, I know people who couldn't use them here in New York City. People would say they didn't want to take them in.

HEMMER: Is that right?

WILLIS: Yes.

HEMMER: What...

WILLIS: First issued by the Continental Congress in 1776.

HEMMER: Aha, there you go. That's some nice trivia.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com







Aired June 13, 2003 - 09:22   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
BILL HEMMER, CNN ANCHOR: Minding our business right now, Andy's off, Gerri's in.
The $2 greenback making a comeback.

GERRI WILLIS, FINANCIAL CORRESPONDENT: That's right.

HEMMER: Is it worth it?

WILLIS: Well, you know...

HEMMER: Does anyone like this?

WILLIS: You have one, right? You told me you have one.

HEMMER: I have one, yes.

WILLIS: Just the one.

HEMMER: I see it more as a collector's item. I don't want to use it. I don't want to spend it.

WILLIS: Well, OK, you can corner this market. The Treasury is reprinting $2 bills because their own stash of $2 bills is dwindling. They only have 9.5 million $2 bills, so they're going to make some more.

HEMMER: Now, is that because people are holding onto them, much like remember when that $1 coin came out and people are keeping them for...

WILLIS: Yes, people like to collect them. But other people don't care for them at all. For example, I know people who couldn't use them here in New York City. People would say they didn't want to take them in.

HEMMER: Is that right?

WILLIS: Yes.

HEMMER: What...

WILLIS: First issued by the Continental Congress in 1776.

HEMMER: Aha, there you go. That's some nice trivia.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com