I think I am going to start carrying around $40 in $2 Bills and $20 in Halves

Discussion in 'Coin Chat' started by Drago the Wolf, Sep 6, 2012.

  1. usc96

    usc96 Junior Member

    Just curious, but why is it so important to you that others use irregular (not the norm of the day) currency? I can see introducing them to have a little fun, but a lawsuit or a complaint to a worldwide headquarters seems a little excessive. Actually, carrying and distributing $302 in halves could be consideredclose to the line of excessiveness if you ask me. :)
     
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  3. People very often confuse the legal tender law, maybe this will help you. :)

    In some jurisdictions legal tender can be refused as payment if no debt exists prior to the time of payment (where the obligation to pay may arise at the same time as the offer of payment). For example vending machines and transport staff do not have to accept the largest denomination of banknote. Shopkeepers may reject large banknotes: this is covered by the legal concept known as invitation to treat. However, restaurants that do not collect payment until after a meal is served must accept that legal tender for the debt incurred in purchasing the meal.
     
  4. Other issues with non-standard circulating coinage and notes is cash register drawers have set numbers of compartments in the tray and can lead to confusion and inconvenience. Many corporations also have security camera's on their registers, so for security purposes expect certain denominations to be coming from certain locations. Corporations also use drawer counting software for their managers to count the drawers by adding in quantities by denomination. Bank runs must be made for deposits and change, the less things a busy store has to keep track of and account make the transactions simpler and more efficient... i.e. time is money. There are just several concepts that come to mind that I haven't seen mentioned in this thread. Yes I think these odd denominations are cool, yes, as a numismatist I like spending them in small quantities places just for fun, I just wanted to put some of these ideas out there to balance the beliefs of why these changes are not readily accepted.
     
  5. or how bout' you don't want your employees wasting time with every other customer when there is three lines a mile long, why they are needing to take these half dollars/ two dollar notes they think are fake/ or whatever because that is all they have at the moment to make change so please take them and get out... next...
    If you run into this many employees you are confusing with these denominations, imagine the confusion and loss of business you are going to incur trying to push these on your customers daily who are people from the same stock of people as your employees.
     
  6. TheNickelGuy

    TheNickelGuy Well-Known Member

    I wonder how many people handed a cashier a $2.00 bill and got change from a $20.00 ?
    It would be a careless mistake but I think it would easily happen.
    Maybe not so much now since the $20.00 are almost all Large portraits.
     
  7. jlogan

    jlogan Well-Known Member

    one time i paid with a $2 bill and was handed a $23.75 in change(a twenty, 3 ones, two quarters, two dimes and 5 cents). no idea what was going through that cashier's head
     
  8. scottishmoney

    scottishmoney Buh bye

    I haven't gotten change for $20, but have for $5 when paying with a $2.
     
  9. TheNickelGuy

    TheNickelGuy Well-Known Member

    of course I wouldn't take the mistaken change given.
     
  10. chip

    chip Novice collector

    Good post, I can think of other reasons why instead of making it hard for criminals there could be other reasons why some would not want people carrying large amounts of cash.
     
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