interesting article to read for trivia ... https://www.marketwatch.com/story/t...-to-the-100-bill-2019-02-25?mod=mw_latestnews here are some graphs from it maybe I should start collecting $2 as they are more "rare" lol
I doubt most of those hundreds are actually in circulation, likely locked away safes and bank vaults.
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'...
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?
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.
Well, I mean I have seen ATMs that hand out something other than 20s... but those were in places children arent allowed.
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.
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.
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.
It's used the least, but, I disagree with it's redesign. I liked the circular portrait from 1996 better.
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!