I have 1 dollar bill in my wallet and it's a series 2003A that looks like it has been to hell and back. Will met the feds shredder for sure once it finds a way to the bank.
<< <i>if something is only supposed to last for two years, my question is... then why are there so many still around ? i understand that the series date isnt the actual date of printing, but it reasonable to assume that once the series 2003 notes were printed, most of the series 2001 notes were nearly a year old. >>
If they printed 10,000,000 $1 bills on Jan 1st 2001 and 1% (100,000) of them are still in circulation I don't think that's a valid arguement that they've lasted 12 years.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
I discovered an interesting 'rarity'. Recently having to get together a large stack of money, mostly in $20s, I noticed that only ONE of them was of the type that had a round border around Jackson. I have no clue the series...but....its RaRe.
A better comparison would be between the dollar bill and quarter, as they are both heavily used in day to day commerce. How many quarters do you recieve in a week that were minted in the 80's and 90's vs. how many bills that were printed in that same time frame. My guess is there would be no comparison.
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<< <i>A better comparison would be between the dollar bill and quarter... >>
Actually, that is a good comparison since a dollar today has the purchasing power of a quarter 30 years ago. Back then, nobody thought a 25 cent bill was needed, which makes me wonder why (aside from a dislike of new things) the idea of a near-quarter sized dollar coin seems to bother so many people.
Heh! They used to have the Five and Dime store, now it's a dollar store and still going up. And if it wasn't for the prisonlike conditions of the Chinese labor platform, it'd be even higher.
I've got 5 brand new crispy unc. 2006 $20 bills in me that I got out of an ATM machine yesterday & 7 2009 $1 bills that look like they've gone through 2 rinse cycles. Your challenge is totally meaningless. Forgot to mention... 3 x $1 James Garfield coins in my right pocket. The bills are in my left pocket. Credit Cards & Id's in my wallet in my left rear pocket. Comb in my right rear pocket. Cigarretes & pen in my left shirt pocket.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
surviovorship bias, series year does not mean year it was printed and so forth
this is not meaningful
I do get stacks of singles from the bank from time to time and I do note the newly created series on them does take about 12 months to appear heavily in circulation.
<< <i>I don't really care about the paper vs coinage debate, what I do care about ic being forced into a digital monetary system. >>
They won't have to ban currency per se, but at some point ALL businesses will be credit/debit/thumbprint(?) only. You're already a suspect if you carry large amounts of cash and withdrawing/depositing large amounts can have consequences our parents never dreamed of. Many police forces are already confiscating cash first, and asking questions later.
TRANSFER TO THE GENERAL FUND In FY 2011, the Mint made an on-budget transfer of $51.0 million to the Treasury General Fund. This represented earnings from the prior fiscal year for our numismatic and bullion programs. There was not an off-budget transfer to the General Fund this fiscal year. Instead, the Mint held cash in reserve for future potential impacts to our circulating program from continued penny and nickel losses and a decline in demand for the $1 coin.
2 Series 2009 1 Series 1985 (don't see these too often)
Aside from the 1985 just listed above though, most of the dollar bills I get in change these days are either Series 2006 or 2009. The occasional 2003 or 2003A may pop up, but anything older than that is uncommon.
Rather than argue about the accuracy of the proposed method, maybe we should consider that the public has been given the option of using dollar coins or dollar bills, and has overwhelmingly chosen the latter. A major part of the problem may be that the current dollar coins look and feel like junk more so than money.
<< <i>I've got 5 brand new crispy unc. 2006 $20 bills in me that I got out of an ATM machine yesterday & 7 2009 $1 bills that look like they've gone through 2 rinse cycles. Your challenge is totally meaningless. Forgot to mention... 3 x $1 James Garfield coins in my right pocket. The bills are in my left pocket. Credit Cards & Id's in my wallet in my left rear pocket. Comb in my right rear pocket. Cigarretes & pen in my left shirt pocket. >>
No dollar coins in my pocket but you have guess the rest of my stuff in all of my pockets, right. This thread turned out to be funnier then I was expecting.
Plus I have 1 2003 dollar bill, 3 2006 dollars. One Dollar bills are all I can afford. You see I am "Married with children"
But I also have been collecting districts sets from circ, Now I have the 12 districts from the following years, 1995, 1999, 2001, 2003, 2003A, 2006, and the 2009 set is incomplete with only 2, 6, 7, 8, 11, & 12 found. I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation. LOL Bob
I always position the bills in my wallet so the ones in poorest condition get spent first. Right now, all of the bills in my wallet are in mint condition and that's how I like it.
I have zero $1 bills and zero $1 coins in my pocket. In my desk drawer I do have a strap of sequential 2003 series $2's though. Second bunch of 100 I've gotten from the bank in the last 4 months.
Maybe is we found another use for all the paper produced in Massachusetts that will no longer be needed.... Great Scott! I've got it... if they can put it on rolls.
<< <i>I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation. >>
districts often go out to certain areas. then they have to circulate to arrive in the rest of the nation.
Many people treat dollar bills like small change. they sit around for years in a desk drawer, under the couch, etc. At some point they go back into circulation. I think the 18 month lifespan figure means actively circulating. Having once worked in retail (7-11), I can assure you that dollar bills are abused in the way they are handled by people.
<< <i>Rather than argue about the accuracy of the proposed method, maybe we should consider that the public has been given the option of using dollar coins or dollar bills, and has overwhelmingly chosen the latter. >>
As I have not been given more than one or two dollar coins in change in my entire life, I have to say that I have not yet had a chance to choose. I suspect my experience is not at all unusual. So, no- the public hasn't chosen.
<< <i>I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation. >>
districts often go out to certain areas. then they have to circulate to arrive in the rest of the nation.
as far a coin feeling like junk: don't the new colorized notes look like monopoly money? >>
Yes, I agree on how the bills get around, I don't do george but I have seen them go by. I only watch my change I don't go to the bank unless its for the SDB. I guess to travelers are staying home anymore. Thanks, Bob
<< <i>I always position the bills in my wallet so the ones in poorest condition get spent first. Right now, all of the bills in my wallet are in mint condition and that's how I like it. >>
Comments
<< <i>if something is only supposed to last for two years, my question is... then why are there so many still around ? i understand that the series date isnt the actual date of printing, but it reasonable to assume that once the series 2003 notes were printed, most of the series 2001 notes were nearly a year old. >>
If they printed 10,000,000 $1 bills on Jan 1st 2001 and 1% (100,000) of them are still in circulation I don't think that's a valid arguement that they've lasted 12 years.
<< <i>A better comparison would be between the dollar bill and quarter... >>
Actually, that is a good comparison since a dollar today has the purchasing power of a quarter 30 years ago. Back then, nobody thought a 25 cent bill was needed, which makes me wonder why (aside from a dislike of new things) the idea of a near-quarter sized dollar coin seems to bother so many people.
1 2009
And three rolls of Hayes dollars in the side drawer of the desk.
Edit to add that is where the wallet was to.
Forgot to mention... 3 x $1 James Garfield coins in my right pocket. The bills are in my left pocket. Credit Cards & Id's in my wallet in my left rear pocket. Comb in my right rear pocket. Cigarretes & pen in my left shirt pocket.
``https://ebay.us/m/KxolR5
<< <i>Force a dollar coin on me, brother. PM me for my address. >>
He does and I'll report that abusive behavior.
"Inspiration exists, but it has to find you working" Pablo Picasso
series year does not mean year it was printed and so forth
this is not meaningful
I do get stacks of singles from the bank from time to time and I do note the newly created series on them does take about 12 months to appear heavily in circulation.
<< <i>All your dollar coin are belong to us. >>
<< <i>I don't really care about the paper vs coinage debate, what I do care about ic being forced into a digital monetary system.
>>
They won't have to ban currency per se, but at some point ALL businesses will be credit/debit/thumbprint(?) only. You're already a suspect if you carry large amounts of cash and withdrawing/depositing large amounts can have consequences our parents never dreamed of. Many police forces are already confiscating cash first, and asking questions later.
In FY 2011, the Mint made an on-budget transfer of $51.0 million to the Treasury General Fund. This represented earnings from the prior fiscal year for our numismatic and bullion programs. There was not an off-budget transfer to the General Fund this fiscal year. Instead, the Mint held cash in reserve for future potential impacts to our circulating program from continued penny and nickel losses and a decline in demand for the $1 coin.
the lowest of transfers in the last 5 years.
In FY2007 it was $825million
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
I can only conclude that a 2009 has a lifetime of zero.
1 Series 1985 (don't see these too often)
Aside from the 1985 just listed above though, most of the dollar bills I get in change these days are either Series 2006 or 2009. The occasional 2003 or 2003A may pop up, but anything older than that is uncommon.
8 Reales Madness Collection
Only 1 bill that was not 2001 or newer was mentioned. Most were 2006 and newer!
<< <i>Heh! They used to have the Five and Dime store, now it's a dollar store and still going up. >>
Don't forget when it stopped at 7 - 11!
has been given the option of using dollar coins or dollar bills, and has overwhelmingly chosen the latter.
A major part of the problem may be that the current dollar coins look and feel like junk more so than money.
<< <i>I've got 5 brand new crispy unc. 2006 $20 bills in me that I got out of an ATM machine yesterday & 7 2009 $1 bills that look like they've gone through 2 rinse cycles. Your challenge is totally meaningless.
Forgot to mention... 3 x $1 James Garfield coins in my right pocket. The bills are in my left pocket. Credit Cards & Id's in my wallet in my left rear pocket. Comb in my right rear pocket. Cigarretes & pen in my left shirt pocket.
No dollar coins in my pocket but you have guess the rest of my stuff in all of my pockets, right.
This thread turned out to be funnier then I was expecting.
Plus I have 1 2003 dollar bill, 3 2006 dollars. One Dollar bills are all I can afford. You see I am "Married with children"
But I also have been collecting districts sets from circ, Now I have the 12 districts from the following years, 1995, 1999, 2001, 2003, 2003A, 2006, and the 2009 set is incomplete with only 2, 6, 7, 8, 11, & 12 found. I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation.
LOL
Bob
*
1999 = 2
2001 = 1
2003 = 2
2006 = 3
2009 = 4
Cheers, RickO
1-2003
2-2006
1-2009
is this going to be one of them perpetual threads ?
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60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation. >>
districts often go out to certain areas. then they have to circulate to arrive in the rest of the nation.
keep hitting the banks up for stacks of 100 $1s.
do you also where's george?
as far a coin feeling like junk: don't the new colorized notes look like monopoly money?
<< <i>Rather than argue about the accuracy of the proposed method, maybe we should consider that the public
has been given the option of using dollar coins or dollar bills, and has overwhelmingly chosen the latter. >>
As I have not been given more than one or two dollar coins in change in my entire life, I have to say that I have not yet had a chance to choose. I suspect my experience is not at all unusual. So, no- the public hasn't chosen.
<< <i>
<< <i>I just don't know where the other districts are. And in this collection of old worn out bills I have 1019 of them, any bill 2003 or older I will keep. Pulled out a dozen or so star notes, One web note from 1988 and one, twenty dollar star note, that was tough to put away. Been working on it since 2005. And I expect that one day all of them will go back into circulation. >>
districts often go out to certain areas. then they have to circulate to arrive in the rest of the nation.
keep hitting the banks up for stacks of 100 $1s.
do you also where's george?
as far a coin feeling like junk: don't the new colorized notes look like monopoly money? >>
Yes, I agree on how the bills get around, I don't do george but I have seen them go by. I only watch my change I don't go to the bank unless its for the SDB.
I guess to travelers are staying home anymore.
Thanks, Bob
*
<< <i>I always position the bills in my wallet so the ones in poorest condition get spent first. Right now, all of the bills in my wallet are in mint condition and that's how I like it.
Joe.
1 1999 (looks well used too)
1 2003A
1 2006
4 2009