Since they now have all these anti-counterfeiting features, maybe it's time to bring back the $500 bill and possibily the $1000 bill.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Don't care for the "Bell in the Inkwell" but the blue security strip is a turnoff in the design sense. Obviously the BEP needs to do what it can do to deter counterfeits though, so can't complain about that. But the colorful redesign of the $50 is so much prettier than this redesign of the $100 though.
I don't think eye appeal was the primary driving force in the change.
Thanks for posting.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
<< <i>The new $100 is the old $20, spending-wise. >>
So, a new $500 would be equal to the old $100?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Did they announce a release date for the new notes?
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<< <i>Did they announce a release date for the new notes? >>
Feb 10, 2011 according to the BEP link in the first post.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I believe that it might be the fear of transporting ill gotten cash that is keeping the big bills ($500 and $1000) in the currency collections. But if it allows Longacre to take a briefcase to the Quicky-Mart instead of a duffel bag, I'm all for it.
I used to regularly handle 50 Euro notes living in Belgium. We had to convert dollars to local currency for significant expenses like rent, utilities, food, etc. We would get the euros handed to us in cash, and scamper down the hall to deposit them into our local accounts. It was not uncommon to have 5-7 500 euro notes.
This was up to $800 US Equiv at the time. Now it is back to $650 or so.
Comments
<< <i>(sorry, wrong forum) >>
I'm sure enough of us pick up a stack before a coin show that this isn't OT
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I don't like that big blue streak on the front. otherwise, cool.
Too many positive BST transactions with too many members to list.
Thank you
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I don't like that big blue streak on the front. otherwise, cool. >>
I'm not much of a fan of the blue streak either - but if it does a good job at preventing the counterfeits I'm all for it.
Thanks for posting.
<< <i>Maybe we will be able to purchase uncut sheets of these. We can purchase the $50 denoms but why not the $100? >>
They probably think the cost would deter sales.
<< <i>Since they now have all these anti-counterfeiting features, maybe it's time to bring back the $500 bill and possibily the $1000 bill. >>
Since $1000 doesn't buy much these days I think that this would be a useable option for a larger population than in the 1930's.
<< <i>The new $100 is the old $20, spending-wise. >>
So, a new $500 would be equal to the old $100?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Did they announce a release date for the new notes? >>
Feb 10, 2011 according to the BEP link in the first post.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Despite all the advanced security features, you just know most store clerks are going to use their swipe pens on most of these.
Certainly makes things look pretty hi-tech.
This was up to $800 US Equiv at the time. Now it is back to $650 or so.