Order Currency from Banks

I know there are lots of threads on here about roll searching and ordering coins from banks. I can't find one on banks ordering specific denominations of currency. I am thinking about searching straps of $2 bills. I am looking for the old Red Seal United States Notes. I am assuming everyone is familiar with those. If I ask my bank to order $2 bills for me will I get circulated bills or new ones? Also I have heard that the Federal Reserve Banks remove/destroy from circulation any bill that is not a Federal Reserve Note (silver certificates, national currency, ect) any truth to that? A bank teller told me that if someone were to turn in a $500 bill or higher they are not legally allowed to sell it to me.

 

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Shouldn't need to order unless you want perfect new crisp notes to search and cherry pick SNs from. Just ask your Teller for straps of whatever denomination you like... or ask your Teller if they have anything interesting (old Series, red seals, etc) in their damaged/return pile that you might be interested in seeing.

 

Bank are alowed to 'sell' you any denomination they recieve. If they were to take in a $500 note, they could sell it to you for the same in trade. Its not illegal to do that as any note ever issued by the US govt is STILL legal tender.

As mentioned, searching a tellers mutilated money paile could yield some nice finds... why? becuase as you mentioned, the feds wil pull and destroy any note older then 1995. The banks might not pull the older ones unless worn, dirty, written on, torn ect and those notes end up in their mutilated money pille. tellers usually love to get rids of those notes, as it frees up useable currency in their tills.

it never hurts to ask your teller for whatever denomination you want. Most tellers i work with love to get rid of any odd ball notes - like the $2. some of the banks i work with wont order them, but they wont deny the customer who wants to cash them in. All you have to do is ask.

 

That is where I get most of my older notes. My teller will keep anything old or unique for me and then let me be the first to see it and/or purchase it. Here is an example of what I picked up today and it came from my teller's damaged/return pile:

 

You want top quality notes with great serial numbers become a armored car driver
Talk about cherry picking....LOL

 

So true mpc! And nice find Dr. Kegg!

 

Haha, good one Rusty!
Thanks vnickels. In another post we were discussing the back plate number of the bill and I was deciding whether or not to keep it. I decided yesterday that I would.

 

ok, this is a coincidence. i was just at the bank yesterday asking these questions (canada)
she told me that they were not allowed to give me $1000 bills if they ever got one and that it is illegal to give customers bills/coins that are no longer considered legal tender. they have to send them to be destroyed. she kind of confused me a bit, because if i walked in with $1000's they would take them. so to me that means they are still legal tender. then she really confused me. i asked if they ever get US $2 bills she told me the same thing. i repeated US two more times i think (i thought maybe she was thinking canadian $2) ill ask a different teller next time???

 

My bank in England saves me all the old notes in good condition. Just give them the face value for them and it saves them the trouble of sending them to be changed by the Bank of England. As in America all notes are always worth their face value. Except the 10 shilling note of course, but you can still change for 50p.

 

My father in law said one of his church members works at a bank where an old guy has brought in $1000 bills 3X already!

Wish I could get my hands on one!

 

Got me one of those:

 

Money is money. If you have a good relation with the tellers then you will be in the right shape to get some nice notes. Over time I have gotten 1928 $100.00 Gold cert, 1934A FR $500.00 note, many SC of all demonations, many starr notes, web notes, and miss-cut notes and miss printed notes. Most of the tellers will work with you. I even ask what they have in the return box the send back to the FEDS. What have you got to loose. Enjoy. -O) All currency, coins are still good, no matter how old.

 

Nice find Dr. Kegg......I love the series 1934 notes! I picked up a $10 1934 from the bank, but had to buy the $20 note.

bob

 

Decades ago a Texas BANKER wrote me in Massachusetts and requested 100 CU series 1963 $2 bills. I found the banks loaded with with CU $2 bills but no 1963. I sent him 100 series 1953C in CU and he was delighted.

It doesn't sound like you could order $2 from the Dallas bank Fed in those days. I have a theory that most or all of the red seal USN's ended up in the Boston Federal Reserve District in those days.

 

as others mentioned if you order currency it will more than likely new notes. getting older notes would have to come from the tellers drawer directly. older notes are destroyed once the feds gets them. as far as 500's and 1000's the bank will take them and they are to be sent to the feds as well to be destroyed. that is why they wouldn't have any to give out. they are still legal tender but most people who see them wouldn't think they are even real. i worked at a bank for almost 4 years and never myself had a customer bring me 1000's or 500's but i do have fellow tellers that had gotten them. you should get to know your tellers and tell them what you are looking for. if they dont mind they would normally put stuff to the side. as a collector it was great for me because i would just put the notes i wanted in my mutilated pule and get them out when i could afford them

 

I went to my local bank yesterday and made a little chat with the teller he was telling me how he got an old $20 bill aswell with a $5 i told him i would buy off him but he said he sold it to some guy for 80 bucks :\ not sure what date was it don't remember. I can't wait to be 17 to apply at a bank ! he also showed me a jar he had full of silver quarters dimes and some half dollars he got from customers i got jealous.

i was also suprise as how all the banks i usually go and chat with the tellers they tell me how they actually keep the silver ones even though they don't collect :\ sucks i can't ask for them to save it for me.

 

<<I can't wait to be 17 to apply at a bank>>

My daughter was a bank teller at 15. She never found me anything. But her friend of like age got me a $100 USN (and that one didn';t normally circulate in Mass). The 100's were first released in Porto Rico, a few in New York and then a bunch in Washington D.C.

​

 

Hmmm now that i am actually searching i think well's fargo accepts 16yo i will call them first thing tomorrow besides that all my other local banks require 17. ( 5 more months either way ) i also hope being friendly and knowing most of the bank tellers will help in getting me in for the job or they will think i will be distracted with the coins ha.

 

lol maybe you could pick one up for a buck like its the same as those novelty 1 million notes. unfortunately youd be ripping off a young person who is in the same category as "what the heck is a tape recorder? you mean like a cd r with tape on it?"

 

I sold a 1913 $5 gold Indian to a dealer 3 weeks ago and he was about to pay me in Series '34 $20s. There was a lot of stuff I wanted to purchase that day, and I didn't want to take those then have to spend them; it would have been to hard for me