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$1000.00

mhammermanmhammerman Posts: 3,769 ✭✭✭
Having recently completed our "How much cash do you have in your pocket right now" investigations. Turns out that our little group has about $150 in their pocket right now, on the average. Turns out that you are as likely to have no money in your pocket right now as you are to have $60. Oddly enough, many people were carrying 50's and there were few $10's relative to the other bills in their pocket right now. Now, we are ready for part II. What's a K? Text Previous study

Over the last 3 months, at the end of the day, I have been pulling my bills out and putting them in an envelope. My goal is to get a sample, over time, of the money in circulation right now and my intital goal was to gather $1000.00 and then look through the bills and just report on my findings. Here you go...

$20.00 25 All bills are from the same series 2004 or 2004A.
Comment: A six year old series, all uniform, striped and watermarked with gold embossing on the obverse. Boring but still $20. All notes issued by the Federal Reserve system.

$10.00 30
Comment: Three separate and distinct series here. The older series, 1993 and 1995 consists of just two bills from the sample. The bills were issued by the Federal Reserve bank of Cleveland and Chicago respectively. The first series is striped but not watermarked. First series in circulation for about 18 years and they are well worn but all the corners are intact and they are not torn.

Second series is issued by the Federal Reserve System and not a FRB. The second series bills in the sample were issued in 2003 and 2001. Bills are watermarked and striped. Bills are more worn than the first series though 10 years younger, maybe a lowering of the cotton content of the paper? The 10's are easy to read though not too attractive and actually rather bland.

The third series is a strong departure from what had come before. Issued as series 2004, 2004A and 2006. Bills are bright though the red tends to read a little orange with the green inking for the bill...wonder if they thought of this? Large iconic national symbolism overprinted on the green note in red. Hamilton is looking like he got a facial and a perm with crisp, detailed tool work, maybe computer etched plates have met a new level of sophistication. All notes issued by the Federal Rreserve System and not a FRB. Paper is not as pliable as say the series '01/'03 $10 notes and seems to be of odd composition to the touch. Bills are watermarked, striped, and over printed...quite a show for $10.00.

$5.00 32
Comments:The 5's were issued in two series, the older being the 2003, 2003A, 2006 series and the newer 2006 series dubbed the "purple 5's". Both series issued by the FRS and not an FRB. The older of the bills seem like work horses. They are torn, nicked, well worn, dog eared and and look every bit their role as the humble servants of cosnumer commerce. Not a remarkable series, with the exception of noting that he newer '06 purple 5's are striped, watermarked and over printed with iconic symbolism to include a huge purple 5 on the reverse where as the older series is just watermarked and striped. Not a bad show for $5.

$1.00 40
Comments: Issues of '95, '03, '03A, '09. None are striped, overprinted, watermarked, or contain any security items. All were issued by FRBs. A rather unremarkable bill in comparison to the honkin' 20's, shopping mall issue 10's and the purpledy 5's. Small change, plentiful and well used. But...George does it for this bill. This is the basic unit of currency inspite of all attempts to have Sacs, pressies, and all the recent incarnations of the $1 coin. No minted coin will every replace George. It is so ingrained in the the international public psyche...even in Zimbabwe they know what a George is, even in North Korea, everywhere, everyone knows George and they want him, they talk about him, they secret away a few when they can, it is the grease that makes the consumer world go around. A simple note intended for simple uses.

There you have it, $1000.00 sampled from circulation.

Comments

  • InYHWHWeTrustInYHWHWeTrust Posts: 1,448 ✭✭✭
    Thanks for the followup, very interesting image
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
  • Interesting experiment, thanks for sharing.
    Currently Working on:
    U.S. Type Set
    Classic Silver Commemoratives
    Modern Commemorative 50c, $1 sivler
    Modern Gold Commemoratives
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