well this is news to me

Discussion in 'Paper Money' started by eric6794, Jul 10, 2018.

  1. eric6794

    eric6794 Well-Known Member

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Clawcoins

    Clawcoins Well-Known Member

    the Mint does it for coins too last time I knew. But I thought they required a bulk shipment.

    I just take really bad coins or ripped, badly worn dollars to the bank and exchange it.
     
  4. SteveInTampa

    SteveInTampa Innocent bystander

    Way back in 2009, I tried to send in a worn out star note hoping and asking if the BEP would exchange it for a new star note. The BEP rejected my request and returned the note to me along with this letter. They spent over $13.00 just mailing it back to me.

    B1025874-C5CA-4595-B33A-35122E95EDB7.jpeg
     
  5. eric6794

    eric6794 Well-Known Member

    Oh wow what a neat story.
     
  6. hotwheelsearl

    hotwheelsearl Cheap B-Tard

    I had a $5 which was torn clean in half but taped together.

    I went to the bank and the teller laughed out loud and said in a pretty derogatory manner that he’d make a special exception and exchange it.

    I was a bit offended seeing as you only need 70% of a bill for it to be accepted at any bank.
     
  7. NOS

    NOS Former Coin Hoarder

    I believe it's technically only 51% but with that margin I suspect most tellers would be apprehensive about wanting to accept such a note. I used to put my most worn and tattered $1 notes at the top of one of the straps that I was depositing and let the tellers know to send them off to be destroyed in their mute pile. More often than not they would not seem to care about the quality of the notes and basically said they would just be handed back out. I found their lack of standards to be abhorrent as a note would have to be pretty bad for me to set it aside like that.

    More recently, the latest thing for tellers at most of the Wells Fargos around here is to refuse to accept anything that is of too poor quality to be handed out to another customer as they supposedly no longer have mute piles (which I truly doubt). I've brought notes that were refused by Wells Fargo tellers over to Chase for exchange and the tellers there have been quite accommodating. So now with this nonsense going on by WF what I do now is just mix the poor quality notes in between the high quality ones. It's a shame it's come to this but as long as they make it through the counting machines the tellers are none the wiser.
     
    Seattlite86 and hotwheelsearl like this.
  8. hotwheelsearl

    hotwheelsearl Cheap B-Tard

    This reminds me of Cambodia. They use almost exclusively USD there, but they almost always only accept completely crisp, press-fresh bills.

    I tried to pay the $60 fee for a 7 day pass into Angkor with some slightly worn 20s.
    The annoying lady simply refused to accept the bills which were probably in very high XF range in terms of grade. I was forced to fish out 6 consecutive 10s which the cashier happily took, instead of three very slightly circulated 20s.

    Ugh.
     
Draft saved Draft deleted

Share This Page