$100 has more in circulation than $1s

Discussion in 'Paper Money' started by Clawcoins, Feb 25, 2019.

  1. Clawcoins

    Clawcoins Damaging Coins Daily

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  3. roman99

    roman99 Well-Known Member

    I doubt most of those hundreds are actually in circulation, likely locked away safes and bank vaults.
     
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  4. -jeffB

    -jeffB Greshams LEO Supporter

    And suitcases, and mattresses, and...

    If a $100 lasts 2.5 times as long as a $1 bill, I'd think that says a lot about the degree of "circulation" each sees. But I must be overlooking something, because $10 bills are the shortest-lived of all, and I see them a lot less frequently than twenties and fives (and, of course, singles).

    Meanwhile, I'm still regularly seeing quarters from the 1960s, with the date still fully readable. Just sayin'... :rolleyes:
     
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  5. roman99

    roman99 Well-Known Member

    Well metallic coins lasts way longer than paper money for obvious reasons.
     
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  6. -jeffB

    -jeffB Greshams LEO Supporter

    And dollar coins last longest of all, because they mostly just hang around in bags in vaults...
     
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  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    They keep on printing them, ones are abused and used daily, not
    So much with 100, s
     
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  8. -jeffB

    -jeffB Greshams LEO Supporter

    Around here, I get 5s and 20s all the time -- ATMs only dispense 20s, and if I feed a 100 into a self-checkout it gives back 20s, never 50s. Some self-checkouts dispense 10s, but it's more often pairs of 5s.

    Human cashiers will give me a 10 if they've got one, but they often don't. They'll never give me a 50 unless I ask (although I don't often spend 100s, so the opportunity doesn't come up that often).

    So, my impression is that 10s aren't popular, and 50s are less popular still. Is it different in other parts of the country?
     
  9. Sullysullinburg

    Sullysullinburg Well-Known Member

    10s seem interestingly low. I don’t actively seek them, but I get them all the time if it’s something I could get back in change. I’ve never seen an ATM that gives out anything other then 20s, but it might just be the banks in my area.
     
  10. Evan8

    Evan8 A Little Off Center

    Well, I mean I have seen ATMs that hand out something other than 20s... but those were in places children arent allowed.
     
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  11. Legomaster1

    Legomaster1 Cointalk Patron

    I once had to take out money from the bank and got a crisp 1977 $100. Didn't look like it had seen much circulation. If old 100s are in decent condition, I guess they are re-circulated.
     
  12. Numbers

    Numbers Senior Member

    Your local bank will pay out an old $100 if somebody deposits one, yes. But if it gets to the Federal Reserve, it won't get out again. They only pay out $100's of the newest design, with the holographic stripe.

    Until last year, the Fed was paying out $5 through $50 notes of the past two design generations, both the colorized and the non-color big-head notes. As of sometime this year, the policy has shifted (or will shift?) to only paying out colorized notes in these denominations as well.
     
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  13. Legomaster1

    Legomaster1 Cointalk Patron

    Hmm, I've received old (late 80s and early 90s) hundreds quite a few times- without asking.
    I remember the very first time I saw an old design banknote was around 2003, when I was paid for a job by a friend of the family with a crisp 1985 $5. Since then, I've tried to save any old banknotes I come across (unless they are 50s or 100s).

    It's a shame that old banknotes are finally truly being retracted.

    https://money.cnn.com/1998/09/24/economy/bill/

    In the 1998 article, it said older $20 notes will be recirculated.
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    So lets talk $50,S , personally not a fan :( its very odd ball !!
    Probably the least used bill by far !
     
  15. Legomaster1

    Legomaster1 Cointalk Patron

    It's used the least, but, I disagree with it's redesign. I liked the circular portrait from 1996 better.
     
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  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I really think American Money is boring, atleast the modern stuff
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    This stuff is cool :)

    [​IMG]
     
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  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  20. Legomaster1

    Legomaster1 Cointalk Patron

    Ah, the coveted "Battleship" and "Indian Chief". I've tried to acquire those notes, but was never able to meet their steep price tags. What a cool number, too, for the top note!
     
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  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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