South Korean man loses half a fortune by trying to wash his money

Discussion in 'Coin Chat' started by Dougmeister, Aug 4, 2020.

  1. Dougmeister

    Dougmeister Well-Known Member

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  3. GH#75

    GH#75 Well-Known Member

    Lol. Are they not allowed to use a credit card or something? I mean... it is south korea.
  4. furryfrog02

    furryfrog02 Well-Known Member

    That's a decent amount of money on that table. But hopefully not half his fortune lol. It's more like about $3k USD if I'm doing my mental math right.
  5. CamaroDMD

    CamaroDMD [Insert Clever Title]

    The article states the person was able to exchange 507 50K notes...which would be valued around $21,000 USD (based on my calculations). Apparently they exchange damage bills at half value. So, based on that the loss would be about $10,000 USD. Hopefully that's not half their fortune...but $10K is a large laundry bill.
  6. furryfrog02

    furryfrog02 Well-Known Member

    I couldn't open the article at work. Was just looking at the table.
    Definitely would not want to lose that much money!
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  7. Sidney Osborne

    Sidney Osborne Active Member

    Fear of CV19....
  8. Mike Thornton

    Mike Thornton Active Member

    I don't think the washer did that damage. Looks like they used a propane torch to dry them. Or the Hot setting on the dryer is very HOT.
  9. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Agreed. They look burned.
  10. LakeEffect

    LakeEffect Average Circulated

    Bills in the photo were in a microwave.

    Two nitwits in the linked story -- one used a washing machine and the other a microwave.
  11. fretboard

    fretboard Defender of Old Coinage!

    Crazy! I bet that guy's gonna be embarrassed for years to come! laughhard.gif
  12. Mike Thornton

    Mike Thornton Active Member

    That makes sense. I used a book to elevate a plate in a microwave oven, many years ago. Never considered the book having enough moisture left in it to reach the combustion temperature 451F. (didn't catch fire but was smoking).
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  13. Mike Thornton

    Mike Thornton Active Member

    I didn't click on the link.
  14. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Do South Korean bills have any polymer in them or any tiny bits of metal in the security devices?
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  15. goossen

    goossen Senior Member

  16. whopper64

    whopper64 Active Member

    Ironically, all either one had to do was put them out in the sun for 1/2 hour, flip them over for another 1/2 hour and the virus would have been killed. Go figure!
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  17. Sidney Osborne

    Sidney Osborne Active Member

    Was probably a hot one from the NYT best seller listings...
  18. Sidney Osborne

    Sidney Osborne Active Member

    He could have added a little gochucaru sauce and made his own kimchi...that kills everything...
  19. Burton Strauss III

    Burton Strauss III Well-Known Member

    I've washed US Currency in the washing machine and then used a cool iron to dry them. Worked quite well since my goal was to clean up a couple of ratty straps so I could Where's George them... and I've gotten hits on those five and six years later.
  20. Corn Man

    Corn Man Well-Known Member

    I was at a chase bank one time and was asking to look at the older or destroyed bills and the lady showed me 1200 dollars in chrispy burned hundreds. Paranty the ladies home flooded so she wanted to dry the bills off by putting them in the microwave and they caught fire. It amazes me some times.
  21. Mike Thornton

    Mike Thornton Active Member

    The last time I was there was in 1990. At that time, I don't recall any polymer notes at that time.
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