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re: Your US Currency history lesson of the day courtesy of my son's 4th grade class
Posted on 2/25/16 at 1:41 pm to toosleaux
Posted on 2/25/16 at 1:41 pm to toosleaux
quote:
That being said, should you come into possession of a $500 bill, you'd be crazy to buy anything with it. Its market value far exceeds its face value, with even worn $500 bills commanding upward of a 40% premium on the open market.
I came into a $500 bill 1934 in pretty good condition 2 years ago. Some chick at the casino. Casino would not take it, I bought it off her. Its in good shape and yes worth about $700. However it was worth $700 20 years ago as well. So I do not see the value increasing much. I might take $750 if I was offered that.
0
Posted on 2/25/16 at 1:43 pm to toosleaux
Posted on 2/25/16 at 1:43 pm to Ace Midnight
quote:
If you wanted to make a mid-major purchase of something one might buy with cash in 2016 - say, a UHD television, you might spend $1500 to $2000 (or more), easily. You would need 75 to 100 bills, plus tax, if the max denomination was $20.
Just to play devils advocate, think about how inconvenienced this would make criminal activity. Additionally, it discourage cash transactions at businesses which are incredibly inefficient and has a measurable cost to GDP. Lastly, the lack of cash transactions in business would decrease the tax cheats that are rampant across this country.
Posted on 2/25/16 at 1:45 pm to slackster
There's a $1000 bill at the Regions branch on College. I seen't it.
Posted on 2/25/16 at 1:45 pm to REB BEER
quote:
Eta: pics of mine
That thing looks incredibly fake on the back. I'm not questioning its authenticity, but rather its original design.
Posted on 2/25/16 at 1:46 pm to slackster
quote:
Just to play devils advocate, think about how inconvenienced this would make criminal activity. Additionally, it discourage cash transactions at businesses which are incredibly inefficient and has a measurable cost to GDP. Lastly, the lack of cash transactions in business would decrease the tax cheats that are rampant across this country.
Oh, I hear you, but it is very Big Brother to be forced into electronic transactions with little recourse. Having a cop follow every person around would knock a huge dent out of crime, but it wouldn't be a pleasant way to operate.
That's why the proposed national sales tax is attractive, too. It would capture a lot of unreported income, as it will get taxed when spent.
This post was edited on 2/25/16 at 1:47 pm
Posted on 2/25/16 at 1:50 pm to SEClint
Posted on 2/25/16 at 1:51 pm to toosleaux
is it legal to post pics of actual bills?
Posted on 2/25/16 at 2:05 pm to Paddyshack
quote:
ETA: Not really. But I do have a collection of $2 bills. Also a $3 bill
I had an older version of $3 bill. Clinton was on the bill.
Posted on 2/25/16 at 2:06 pm to Ace Midnight
quote:
. If you wanted to make a mid-major purchase of something one might buy with cash in 2016 - say, a UHD television, you might spend $1500 to $2000 (or more), easily. You would need 75 to 100 bills, plus tax, if the max denomination was $20.
or you just need your debit card.
It's not 1964 anymore.
Posted on 2/25/16 at 2:07 pm to Paddyshack
quote:
But I do have a collection of $2 bills.
$2 bills are still in circulation and still being printed. Just ask for them at the bank.
Posted on 2/25/16 at 2:12 pm to TeddyPadillac
quote:
or you just need your debit card.
So, my cash is no good, baw? Or I need a huge arse money bag with a big dollar sign ($) on it, right?
Helluva way to run a country.
Posted on 2/25/16 at 2:14 pm to BiggerBear
quote:
$2 bills are still in circulation and still being printed. Just ask for them at the bank
I've noticed a lot of strip clubs only give out $2 bills as change these days
And to the guy who said the back of the $500 looks fake, I totally agree. It looks like monopoly money.
Posted on 2/25/16 at 2:17 pm to toosleaux
When I was growing up in the 1950s I went to the bank where my aunt worked. She let me see and handle a $10,000 bill.
Posted on 2/25/16 at 2:22 pm to Tiger Live2
quote:
I had an older version of $3 bill. Clinton was on the bill.
I have this mug at home...not even faded.
peeps are selling it on ebay for 26-30$
Posted on 2/25/16 at 2:32 pm to toosleaux
2 pages and not one single 10,000 bill has been used to do blow of a hooker's arse. I am disappoint.
Posted on 2/25/16 at 2:36 pm to SEClint
Damn beat me to posting the trillion dollar bill
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