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Ever gotten anything larger than a $100 bill?
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I collect old money (or did. I've not done so recently) and I know that there are 1000 dollar bills floating around. They're rare, but if you find one it has Grover Cleveland on the front. They were last minted in 1934, but most stayed in circulation till 1969. IF you can find one, they're worth about three times face value.
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I didn't know there was anything higher than $100 bill unless it's a poker chip. I've seen 1,000 and 5,000 pokers chips but not paper money. I've cashed out over 10,000 in pink chips--which are $500. I work in a Casino Cage.
I've accidentally accepted a counterfeit $20 before. It's hard to know whats real and what's not. We don't even have pens up there. I only figured it out because of how strange it felt.
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Germany between the world wars is the biggest example. They introduced the Rentenmark temporarily and the reichsmark to replace the Papiermark. The marks were of so low value that it took a full wagon of them just to buy a candy. The replacement rate was one trillion PM to one Rentenmark.Quoth Gurndigarn View PostRevaluing currency has happened in a lot of countries, including (if you want to count midevil times) in the UK. But if you can avoid it (IE, inflation's under 10% regularly), it's usually a good idea, just because it lets everyone who didn't know before that your money's generally worthless.
Even collectors these days only have them for historical purposes more than anything.
In the past 90 years , germany has changed it's currency several times.
1914 - Mark > Papiermark
1924 - Papiermark > Rentenmark > reichsmark
1948 - reichsmark > Deutsche Mark (west) + Mark (east)
1990 - Mark (east) > Deutsche Mark (unified)
1999 - Deutsche Mark > euro
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Revaluing currency has happened in a lot of countries, including (if you want to count midevil times) in the UK. But if you can avoid it (IE, inflation's under 10% regularly), it's usually a good idea, just because it lets everyone who didn't know before that your money's generally worthless.Quoth Crosshair View PostWould it not be easier to simply design new bills and exchange them 100 old baht = 1 new baht. Then after a certian date the old bills loose their value? Just asking.
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Would it not be easier to simply design new bills and exchange them 100 old baht = 1 new baht. Then after a certian date the old bills loose their value? Just asking.Quoth Jpurple View PostThere has actually been discussion about Thailand making a bill larger than 1000 B because of the value of the baht and the prices of things.
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I see bills of 1000 all the time... then again, I carry Thai baht in my wallet and can spend 2-3000 baht on a basic grocery shop! Thai bills are actually very similar in colour to Canadian bills- especially the 20s and 50s. When I went back to Canada for Christmas, I forgot to take all the Thai money out of my purse and really confused a poor cashier with a 20 Baht note instead of a $20 bill!
There has actually been discussion about Thailand making a bill larger than 1000 B because of the value of the baht and the prices of things.
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We had a 20$ bill with a watermark that was off-center. I argued with my manager about it, but he insisted that it was kosher because it passed the pen test. I'm going to have to tell him about the starch thing.
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The key is HARDER. Once it becomes worthwile to counterfit, it will be done. It will actialy be easier since the plastic it is "printed" on is almost the same stuff you use for overhead projectors (Friend brought some of your funny money home.) and of couse you can get printers to make overheads. The good old paper we use in the US is still the hardest thing to make and fake. I'm sure someone who wanted to could make a passable bill.Quoth Gurndigarn View PostIt's really because it lasts longer than paper and harder to counterfeit.
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and it's an aussie invetion to boot.Quoth Gurndigarn View PostIt's really because it lasts longer than paper and harder to counterfeit.
in australia we make money (both notes and coins) for varius south pacific countries who don't have the equipment to do it themselvs
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I've heard the "monopoly money" comment a few times. Never used it myself though. My line, when the new 20s and 10s came out, was "They gave Andrew Jackson/Alexander Hamilton one of them gay makeovers."
I mean, really. Anymore Jackson looks kinda, well, y'know...I didn't know they did highlights or had blowdryers back in the 1820s.
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On the corners scam: you can tear one corner off of each of four large bills. Paper money gets damaged all the time. Just don't spend all the real ones in the same place.
I've never seen one like that either, except one the bank has framed to show people.
I only heard the "Monopoly money" comment with the uncolored "new" designs. The NEW new bills, so far only $10's, $20's, and $50's, no one's said that about. The treasury really missed an opportunity, too: they got the 20's the right color (green), but then the 50's were red instead of blue, and now the tens are orange rather than yellow. If you're *going* to make Monopoly money, at least get it right!
Actually, the tens are the same color as any other money that's been dropped in the mud, then rinsed out. Very attractive
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I like the new multi-colored bills. It makes it easier to tell the denominations apart (very handy for international tourists and recent immigrants), much more difficult to pull the "raised note" trick, and I think they're kind of pretty.
The mint should have done that years ago.
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Thanks to this thread, I had a dream last night that as I was shopping, I walked near the checkouts, and saw a lady get handed a $500 bill as part of her CHANGE. (It looked a lot like a $50, but there were clearly extra 0's. I guess my imagination was feeling lazy at the time.)
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Kind of off topic, but those new bills they put out look kinda like foodstamps, in my opinion...
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However, every time the government releases a new 'counterfeit' bill, you get the influx of people with that other, less-known, equally-as-insipid, joke:Quoth Trayol View PostSlightly
but when I cashier at my job, people would pay with the older versions of now "counterfiet-proof" bills.
"It looks like Monopoly money to me."
M: -No, sir, not unless the US Mint has suddenly started printing Milton Bradley on all the money.
-Nope, not unless it's gotten starched a few hundred times.
-Nope, Monopoly is entirely monochromatic in any denomination.
-Nope, Monopoly has trains in the portrait.
-etc.
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