WTB $500 or $1000 Bill

[Ed_Hutchinson]

I dont collect currency at all but this has been a fascinating thread.

I do have a question though. Not that you would, since they command a premium, but are they still legal tender?

Thanks for sharing info guys, I love this site for that!

Ed

[scmavl]

Originally Posted by Ed_Hutchinson

I dont collect currency at all but this has been a fascinating thread.

I do have a question though. Not that you would, since they command a premium, but are they still legal tender?

Thanks for sharing info guys, I love this site for that!

Ed

Yep, they sure are.

[leftygrove10]

Originally Posted by Ed_Hutchinson

I dont collect currency at all but this has been a fascinating thread.

I do have a question though. Not that you would, since they command a premium, but are they still legal tender?

Thanks for sharing info guys, I love this site for that!

Ed

As the poster above me said, they are still legal tender today. The $500 and $1000 bills were taken out of circulation in 1969. If you took them to the bank to deposit them today, my understanding is that they would be taken out of circulation and shredded. I am guessing that the bank doesn't do that, but that they send them to the government to do that.

When I was a kid, we took a tour of the U.S. Treasury in Washington, DC. You could buy a bag of shredded money from a vending machine. I still have that to this day.

[Fuddjcal]

Originally Posted by Ed_Hutchinson

I dont collect currency at all but this has been a fascinating thread.

I do have a question though. Not that you would, since they command a premium, but are they still legal tender?

Thanks for sharing info guys, I love this site for that!

Ed

Me Neither. NOW I GOTSTA HAVE ME A 500 & 1000 Damn you

[scooter729]

Originally Posted by Fuddjcal

Me Neither. NOW I GOTSTA HAVE ME A 500 & 1000 Damn you

That's what happened to me maybe 5-6 years ago, and led me to buy one of each at the time. Love that I did and I know anyone else will as well!

[pokerplyr80]

Originally Posted by Ed_Hutchinson

I dont collect currency at all but this has been a fascinating thread.

I do have a question though. Not that you would, since they command a premium, but are they still legal tender?

Thanks for sharing info guys, I love this site for that!

Ed

I imagine legal tender or not you'd have a hard time getting the kid at best buy to accept one of these for a new computer or TV.

[oldeboo]

Originally Posted by pokerplyr80

I imagine legal tender or not you'd have a hard time getting the kid at best buy to accept one of these for a new computer or TV.

I go to a coin shop and the owner usually gives Kennedy halves and Ike dollars as change. It's fun using them in stores. The employees often have to ask a manager if they can accept them and wonder if they are real money.

[pokerplyr80]

Originally Posted by oldeboo

I go to a coin shop and the owner usually gives Kennedy halves and Ike dollars as change. It's fun using them in stores. The employees often have to ask a manager if they can accept them and wonder if they are real money.

Yea if I ever end up with one of those, or a $2 bill I usually hang on to them. There is a casino around here that pays odd dollar blackjack bets out with a Kennedy half (it's been a while I don't remember which one). Most go back to the dealers in tips I assume but I would usually take one or two home

[ajjohnsonsoxfan]

I love $2 bills. You can go to your bank and request them. During the holidays, I always get a couple hundred bucks worth and use them as tips

[ZiggerZagger]

This is a super cool thread. It got me thinking.

I worked as a Teller as a State Bank in MN during Summers in High School, and every so often in College. As a collector, I always was looking for interesting things to come across the counter. We were allowed to 'buy' out of our own till. So I found these older bills from 1932, a bill with a repeating serial number, and then this low number $5 bill.

But the coolest thing I think is this Kennedy $20 bill. There's a lot of lore out there if I recall correctly, with $1 and maybe $5 bills made in 1963, with the "K" Fed Reserve bank designation ('K' for Kennedy and the Dallas, TX reserve bank), and 4x number 11's on the bill (JFK killed in 11th month, 22nd day (11 x2) and at age 44 (11 x4)). But I was floored to find this example with the Serial Number beginning with 1963! Crazy. Not sure who cares, but it was eye-popping to find. Too bad it's from '93, and not '63...

Anyway, good memories of a great summer job!

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[Bored5000]

Originally Posted by ZiggerZagger

This is a super cool thread. It got me thinking.

I worked as a Teller as a State Bank in MN during Summers in High School, and every so often in College. As a collector, I always was looking for interesting things to come across the counter. We were allowed to 'buy' out of our own till. So I found these older bills from 1932, a bill with a repeating serial number, and then this low number $5 bill.

But the coolest thing I think is this Kennedy $20 bill. There's a lot of lore out there if I recall correctly, with $1 and maybe $5 bills made in 1963, with the "K" Fed Reserve bank designation ('K' for Kennedy and the Dallas, TX reserve bank), and 4x number 11's on the bill (JFK killed in 11th month, 22nd day (11 x2) and at age 44 (11 x4)). But I was floored to find this example with the Serial Number beginning with 1963! Crazy. Not sure who cares, but it was eye-popping to find. Too bad it's from '93, and not '63...

Anyway, good memories of a great summer job!

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JFK was 46 when he was assassinated. As you can see from my avatar right now, the JFK assassination has long been one of my favorite topics to study and collect.