Order Currency from Banks

I've ordered $200 in $2 bills from my local Chase bank for several months and they have to order them from the company that supplies them with currency (I know that sounds confusing but it's true).

Twice they've surprised me and given me nice uncirculated straps!

They claim they cannot specify 'new' or circulated bills, they pretty much get whatever they get for the order.

 

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Just like spending star notes coinmaster1! It hurts!

 

I know! Of all of the star notes that I have ever found, I have only spent one, and it was on accident!

 

thats illegal..lol

 

'illegal' roflmao

 

My sister worked as a teller for a bit and she did the same thing for me. I also have a good repoire with my one teller at one bank and she is more than willing to search all of her notes for stars and older bills. She used to do the same for silver Kennedy's and I once got a hoard of 1964 quarters in AU condition, but now that silver is up, I think she is keeping them. That's fine with me though since she has helped me so much. Anyway, it's always a good idea to get to know your teller. We talked about $500's and $1,000's and they know that I want them if they ever get one in!

 

good luck getting them to part with the higher denoms, they must have an idea they are worth so much more than face!!!

 

Yeah, I think they do, but they said since they never have that kind of cash to dispose of anyway and they know that the FED will just shred them that they would be willing to give it to me for face value. Of course, I haven't seen any yet though...

 

Last I heard the Federal Reserve has demanded all $500 and $1000 notes, so banks are not supposed to be allowed to resell them. If they do, good for you, but The Fed will not be happy if they hear about it, and you know the bank cares more about keeping them happy than you.

 

But do people care about keeping them happy?

 

I wonder if there is any truth to that statement!! As far as i know, all currency ever issued by the US govt is still legal tender. I think there is an exception for certain woodrow wilson notes, but thats an exception, not a rule. I would be interested to know if in fact the feds are 'demanding' the return of those notes, and why.

 

Sent a bank manager brownies to present to the teller that always helps me caller her the best teller in town. That teller now saves all stars for me. I get about 3-5 a week. I've had to sell some because it was effecting my budget....

 

The bank has to accept them but once they get them the return them to the Feds to be destroyed.

 

Notes above $100, and "small head" notes $5 and above, are "actively withdrawn". That means a bank is supposed to separate all such notes and return them to the FED for destruction. There is a caveat that allows the bank to recirculate them if "required in the ordinary course of business". That's a broad enough exemption to allow just about anything to be passed to a customer.

 

my bank wont keep anything for me (canada) i break the rules, why cant they?
oh and someone mentioned chase, brought up a sore spot for me as my bro had money invested in wamu and i have a grand into it. were really looking for jpm to die so we can get rich.