Might be true, but they also are one of the easiest and most often one to copy (counterfeit that is). Because of that it's sometimes very difficult (and in some cases quite impossible) to spend in shops, restaurants and such. In fact some places will not accept them at all, and usually have a sign at the till stating that fact! While travelling my wife and I usually carry a number of these bills and have found that it's usually better and quicker to use a bank to "break" them into smaller ones. The 50 is now following along the same line.
LittleRed (Ron)
Read somewhere recently that more than half of the hundred dollar bills in existence are held outside the US. It is a widely recognized store of value. If they still made 500 and 1000 denominations, THOSE might be the most popular, for that very reason.
alby
Loc: very eastern pa.
years ago, in the 60's, we knew a very rich foreigner staying with us for a while who wanted to trade 20s 50s and $100 bills for $1000 bills. he was only allowed $200 out of his country and wanted to keep them folded in his pocket so he could throw them away if he was caught and searched.... he traveled all over the US with a "people to people tour". and bought a brand new red mustang convertible, had someone drive it across country and ship it to him. and he paid this man in cash. ... we almost didn't believe him until we got pictures of his wife driving it. then my parents visited him at his home in his country.. and it was sitting in his large garage.... i swear it is a true story.
Ah, it's all about the Benjamins baby!
Had no idea... have not felt the need to carry cash with me for years.... Bank card works almost everywhere I go. Only ran into one place that accepts only cash, so I don't go there!
Always carry a little cash when on trips, basically to handle tolls, but then the cash is singles.
DirtFarmer
Loc: Escaped from the NYC area, back to MA
Dngallagher wrote:
...Always carry a little cash when on trips, basically to handle tolls, but then the cash is singles.
Even the tolls are becoming cashless. The highway transponder has been around for quite a while now. Massachusetts (and probably other states) have removed the toll booths from their turnpike. If you have a transponder they will charge your account for the toll. If you don't have a transponder they will mail a bill to the owner of your license plate (including a fee for data retrieval and mailing). Really reduces congestion at the exits during high volume travel times.
Last time I was on the Garden State Parkway (NJ) they still had the toll booths every few miles. Wonder how long they will be there.
Unfortunately that system works along the east coast and toward the midwest a ways but it's not applicable to the whole country. I would expect that the west coast also has such a system but I haven't driven there in a long time.
DirtFarmer wrote:
Even the tolls are becoming cashless. The highway transponder has been around for quite a while now. Massachusetts (and probably other states) have removed the toll booths from their turnpike. If you have a transponder they will charge your account for the toll. If you don't have a transponder they will mail a bill to the owner of your license plate (including a fee for data retrieval and mailing). Really reduces congestion at the exits during high volume travel times.
Last time I was on the Garden State Parkway (NJ) they still had the toll booths every few miles. Wonder how long they will be there.
Unfortunately that system works along the east coast and toward the midwest a ways but it's not applicable to the whole country. I would expect that the west coast also has such a system but I haven't driven there in a long time.
Even the tolls are becoming cashless. The highway ... (
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Yes, fully aware of the transponder system at the toll booths - but we travel the toll roads so infrequently that we don't worry about the transponder, just carry a a few singles for the trip.
DirtFarmer
Loc: Escaped from the NYC area, back to MA
Dngallagher wrote:
Yes, fully aware of the transponder system at the toll booths - but we travel the toll roads so infrequently that we don't worry about the transponder, just carry a a few singles for the trip.
In Massachusetts you don't have that option. It's pay by transponder or pay by plate. No cash.
And with pay by plate you pay extra.
sumo
Loc: Houston suburb
Always pay cash especially in restaurants
Had my CC compromised three different times. I have always thought it was from restaurants. When they take your card away to a back room somewhere to ring up your charges. I NEVER use a CC in a restaurant. For the past 8 years never had my CC compromised again
LittleRed wrote:
Might be true, but they also are one of the easiest and most often one to copy (counterfeit that is). Because of that it's sometimes very difficult (and in some cases quite impossible) to spend in shops, restaurants and such. In fact some places will not accept them at all, and usually have a sign at the till stating that fact! While travelling my wife and I usually carry a number of these bills and have found that it's usually better and quicker to use a bank to "break" them into smaller ones. The 50 is now following along the same line.
LittleRed (Ron)
Might be true, but they also are one of the easies... (
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The places that won't take them have nothing to do with whether they might be counterfeit - they simply don't carry enough change. There are simple tests to find out if a bill is counterfeit or not.
Dalek
Loc: Detroit, Miami, Goffstown
At this time of year it is your tax bill!
rplain1 wrote:
The places that won't take them have nothing to do with whether they might be counterfeit - they simply don't carry enough change. There are simple tests to find out if a bill is counterfeit or not.
Yes, I realize that. Have seen it countless times either at the till or they take it into the back to do their test. But many times especially if the person is a hired young server (a teenager for example) lt appears that management makes it easier for them by refusing to accept the large billls. This is especially true in the summer months when there are many of these young people being employed. We as Canadian tourists travelling and birding in your country usually carry mostly large bills when we head south and have many times had difficulty using both your 100 and your 50's. In a lot of cases even if the charge owing covers most of the 100 it is still refused. This has been true last 47 years that my wife and I having been "going" south. But I realize why this is and have accepted it as a fact. I don't blame them for being careful, especially in this dog eat dog world.
LittleRed (Ron)
Most popular bill? Bill Melater!
I know that the $20 is the most counterfeited and $1 and $20 are the most used. I'm not sure if the $500 is still made, but the $1000 is no more. Collectors will pay lots for a $1000 note. There are a lot of coin and currency dealers on the web. Just search currency/coin dealers.
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