I asked the local convince store for some bus fare yesterday, and 11 of the 15 dollar bills I got were all stamped for Where's George Website. Not gonna show the fronts lest I invalidate 11 bills, but the date range was from 1988 to 2006. One has to wonder how these 11 got together. Hoarded by someone for a rainy day?? Think this has to be the most interesting find, aside from the scads of 60's notes from Barr notes to older Twenties, to that $2 Red Seal in the till.
They probably all came from the same person...either from a purchase or from a change order the store got from the bank. I don't think it's that uncommon. I personally don't have a problem with it as long as they stamp common bills.
No, they all had different stamps and markings (one was scribbled on in pen), and a couple have stamps noting Seattle, Wisconsin, and Hawaii.
we get those bills in all the time from stores and vendors. i have seen at least 20 diffrent stamps used for that where george site
Someone probably saved every wheresgeorge bill they came across just because they are different. Then they realized they cannot afford to keep them. So they spent them on gas and you ended up with them in change. Just enter them (if you want) and send them on their way. :smile
I'll give one more very likely scenario. Bank teller pulls the WheresGeorge bills and puts them in their mutilated pile. Bank teller runs low on cash (either due to bank cutting down on Vault Cash levels, Vault is locked, or teller just too lazy to goto the vault), Customers still need cash Bank Teller raids mutilated pile to keep customer happy
I stamp multiple bills all the time but I dont spend them all in one place so that I can spread them out which is the whole point of WG. I know they aren't mine, at least the ones that are stamped on the reverse
This is a good point, they could have been from a mutilated stash. However, in my personal experience, most tellers didn't put WG bills in their mutilated unless they were really marked up. However, other banks might have been a little more strict about it too.
So gentlemen...bring me up to speed with some banking practices, please! Notes that are set aside as "mutilated", whats deems a note to this special drawer other than being torn or burnt? Do the Banks provide training to the tellers on what to watch out for? I was in our bank the other day getting a cashiers check for 25K and the Manager came up and say's hey Rick how are ya? I said fine as he signed off on the check for the new Company Car.... I said hey, it would be nice to order some new straps and he said for the first time..sure whatever you want just let me know.... Progress at the bank that day... RickieB
I was in a local wine store a while back and watched the cashier take one from a customer. I asked her if I could get that one and she told me she collects them. The WG folks would have been bummed to here that someone is collecting their notes...
So, notes that are "mutilated" are typically torn or burnt and such. But, it can also include notes that have been written or drawn on a lot or contain things that are offensive. There isn't much training from my experience as a teller. We were told we needed at least 50% of the bill to exchange it and anything that was really ugly or damaged should be placed in the mutilated. There really wasn't much to it. But, we had days when we (as an entire branch...vault included) were so low on cash sometimes we grabbed the few $20s we had in our mutilated. I remember one time I had to cash a $600 check for someone and I had to give him nearly $500 of it in $10s because we were out. He wasn't happy, but it was that or nothing. So, I can certainly see someone raiding their mutilated money if they had to.
While 5/3 trains their tellers to believe that there is no such thing as a mutilated note, at most of the banks I've worked at, it's up to the teller. As many tellers will delegate any pre-1996 bills to the mutilated pile, I've taken up the practice of buying the entire mutilated pile from various tellers. It wins me brownie points with the teller, I get to go through the entire pile without aggravating the teller, and I have one bank where I bring the mutilated to dump (in full straps of 100 bills of course). Some of my best finds have come out of the mutilated pile (there was a nice 1950E $10 star note that I posted last year) that I otherwise would not have been able to get.