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Burning $1,000,000

Other threads talk about money laundering. Here is one about burning money.

Bernie
Always looking for material from the Niagara river region.

Comments

  • AUandAGAUandAG Posts: 24,515 ✭✭✭✭✭
    That was a sickening read...



    Oh my,



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • ConstantineConstantine Posts: 2,338 ✭✭✭
    Very interesting, thanks for sharing.

  • cool read thanks

    I'm not going to burn any of my #9's today though.
    Collecting Serial Numbers
    9,21,89,99,999,2002
    12345678 or 87654321
  • luckybucksluckybucks Posts: 1,318 ✭✭✭
    Too bad to see such a nice collection go to waste (at least in part).



  • Jim61Jim61 Posts: 986 ✭✭✭
    That must have been one heck-of-a suitcase for that size collection.


    Jim61

    Looking for $1 CU FRN radar 16566561 - NOT ANY MORE, THANK YOU delistamps and TheRock!

    Looking for $1 CU FRN radar 16977961.

    Looking for $1 CU FRN 99999961 - NOT ANY MORE, THANK YOU delistamps!

    Looking for $50 FRN 00000061
  • That's crazy !!
    Come and see a forgotten piece of history.....

    http://www.depressionscrip.com



    Always looking for more depression scrip -- PM me if you have any for sale or trade
  • goldengolden Posts: 9,018 ✭✭✭✭✭
    image
  • TigerTraderTigerTrader Posts: 249 ✭✭✭


    I just threw up a little...



    I doubt that it would inflate the value of the remaining pieces enough to justify turning them in... Perhaps at that time when there were so few collectors but now I don't see how that could ever really be a winning strategy. I would have sold the collection and held back the others for suture sales. It was a private collection so it is not like you would have to disclose the entire composition...
  • I had heard of this destruction before and just read it earlier in the E-Sylum newsletter. Seems like once again the PROFIT motive won the day and the poor collector lost again. image
    Looking for CU $1 FRN 05232016 - any series or block. Please PM
    Looking for CU $1 FRN 20160523 - any series or block. Please PM

    Retired

  • bonkroodbonkrood Posts: 796 ✭✭✭
    image
    image Steam Power
  • the article says, " “Until recently, the derisive term used by coin collectors to characterize those of paper money was ‘ragpickers,’” says Art Friedberg, co-author of Paper Money of the U.S."
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