Look at my find!

Discussion in 'Paper Money' started by byrd740, Mar 20, 2009.

  1. byrd740

    byrd740 Numismatist

    Found this earlier on a sidewalk...

    [​IMG]
     
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  3. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    very nice. its a shame it isnt worth anything:headbang::headbang::headbang:
     
  4. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    he got shot in the head!
     
  5. byrd740

    byrd740 Numismatist

    Haddn't thought of it that way!

    --------
    If it had just a little more to it, I could probably get something out of it.
     
  6. G-man422

    G-man422 Member

    If it has the security strip, can't you turn it in for a new one?
     
  7. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE


    no, even if it had a security thread there isnt enough of the bill. in '81 they didnt have security threads anyways.
     
  8. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    still a nice find.... Can you turn it back into a tree.... hahaha lol
     
  9. andrew289

    andrew289 Senior Analyst

    Don't listen to bad forum advice ...lol

    You can take that to the bank and get a new $100 for it. The rules for replacement money state that bills containing more than 50% of the original bill can be exchanged at your local bank branch. It looks like you have 52% of that bill.

    Congrats.



    According to the Bureau of Engraving and Printing, currency that has not been mutilated can be redeemed at a bank, while truly mutilated bills require special handling.
    Not Mutilated Currency includes any bill that is CLEARLY more than one-half of the original bill, and does not require any special examination or investigation to determine its value.[FONT=verdana, geneva, helvetica]Examples of non-mutilated bills include those that are badly soiled, dirty, defaced, disintegrated, limp, torn or otherwise "worn out." [/FONT]
     
  10. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer


    no way! sweet.... I'm going to go find a torn $1, $5, $100, $100,000 bills! lol
     
  11. byrd740

    byrd740 Numismatist

    I took it to 3 different banks and they said they couldn't take it. I do agree with you and even said it to the employees, "it is clearly more than half". I sent an email to the BEP(with link to picture) and hopefully I will get a diffinative answer by Monday. When I get a response I will post it.
     
  12. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    okay, keep us updated
     
  13. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    i work at a bank and we would never take that bill. our general rule is it has to have at least 3 corners. we would refer them to the closest federal reserve bank. i think they still will not give him the $100, but what the hey give it a try
     
  14. dursin

    dursin Senior Member

  15. mrbrklyn

    mrbrklyn New Member

    delete..

    never mind
     
  16. HOBBY61

    HOBBY61 Senior Member

  17. HOBBY61

    HOBBY61 Senior Member

    Ok, what dursin said.
    Samething.
     
  18. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    regardless of what that link says, 99% of banks will not take that bill. you need to contact your local federal reserve bank/money center. i live in south florida and miami is the closet federal reserve bank/money center. just some words of advice from someone who actually works at a bank. gl:)
     
  19. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    looks like more than 50%, if so the bep should get him a new crispy one.
     
  20. scottishmoney

    scottishmoney Buh bye

    What the bank should do according to the BEP and what actually happens are differing from experience. The BEP has their policy, and the banks have theirs, and the banks may leave some latitude for caution in favour of rejecting such items that may end up costing them that amount of money if the BEP or Fed were to reject the item.

    That doesn't stop banks from handing out counterfeit $100's, I got one last fall from a local branch. The teller had handled the note previously - having bought it from another teller for $20's to have a supply of $100's. So two tellers at least had handled it, and didn't notice the different feel, and Lincoln in the watermark(bleached $5) instead of Franklin. At least I was able to hand it back to the teller on the spot, and since the manager in that branch is a personal friend, reported it to her.
     
  21. HandsomeToad

    HandsomeToad Urinist

    By what I read there, you need to scorch the ripped edge and send it to them to get a new one. :D

    Ribbit :cool:
     
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