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EricNau said:
Just called up a former bank employee (no she didn't get fired), and she said atleast 3/4. But I'm not sure, were you talking American or Australian? I'm talking about American.
It looks as though you're both right for the US currency :) The Secret Service say "clearly more than half" so 3/4 would be a good rule of thumb for a bank to make sure it won't get stuck with something it can't get replaced.
 
EricNau said:
Just called up a former bank employee (no she didn't get fired), and she said atleast 3/4. But I'm not sure, were you talking American or Australian? I'm talking about American.

Ah, yes, American, and I should've stated more than that. I believe it's at least half, and one or both of the id's have to be showing (so I can't have the bottom half of a bill). At least iMeowbot set us straight.
-Chase
 
If you cut a $10 bill in half by making left and right sections, you can't easily make both portions "clearly more than half". The same with top and bottom sections. That's why I always slice my $10 bills in half between the front and back sides, so they are both 100% of the bill size, and look perfectly correct, as long as you don't turn them over. I've made millions that way!



OK, yeah, I'm just kidding. But I do have a two-headed quarter I bought from a joke shop, and it's great for fooling people with coin flip tricks.
 
sluthy said:
(Pictures of Australian money)

Well, for completeness' sake :)
 

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Boy the kiwi money's changed since I was last there - looks good Nermal.

I suppose for completeness' sake I should include the NZ 20c and 10c coins in the pictures of the Aussie money, it's amazing how many of them are in circulation here.
 
Chundles said:
I suppose for completeness' sake I should include the NZ 20c and 10c coins in the pictures of the Aussie money, it's amazing how many of them are in circulation here.

Oddly, when I went to Australia a few months back, I tried to use an NZ 20c and the guy wouldn't accept it. Yet we use your coins here too.

Note: Ignore the sizes, I somehow managed to screw these up:
 

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Nermal said:
Oddly, when I went to Australia a few months back, I tried to use an NZ 20c and the guy wouldn't accept it. Yet we use your coins here too.

That's really weird, I use them all the time.
 
iMeowbot said:
It looks as though you're both right for the US currency :) The Secret Service say "clearly more than half" so 3/4 would be a good rule of thumb for a bank to make sure it won't get stuck with something it can't get replaced.

The treasury agrees.
Question I have some currency that was damaged. My bank will not exchange it for undamaged currency. What can I do?

Answer You will be interested to know that the Bureau of Engraving and Printing (BEP), through its Office of Currency Standards, processes all reimbursement for damaged United States currency. They decide the redemption value of torn or otherwise unfit currency by measuring the portions of the notes submitted. Generally, they reimburse the full face value if clearly more than one-half of the original note remains. Currency fragments measuring less than one-half are not redeemable.

If you feel that the currency you have clearly meets these standards, then you should forward it to the Department of the Treasury, Bureau of Engraving and Printing, Office of Currency Standards (OCS), Room 344-PD, Post Office Box 37048, Washington, D.C. 20013. You can now also visit the OCS on-line to get complete information about handling unfit currency notes. Upon receipt, the OCS will examine the currency to decide its authenticity and suitability for redemption. They will notify you directly of their findings. Unfortunately, it is impossible to predict how long this procedure will take, due to varying workloads. However, they make every effort to speed up shipments when possible.

Clearly more than half??? Just like our gov to be vague. It is really simple I think. Each bill has the serial number in 2 spots (One on each Side) . I think that if you can see all of one number and one number of the other than you could trade it in for a new bill.
 
Lord Blackadder said:
But I still think they should ditch the paper dollar in favor of a $1 coin...


I couldn't agree more! Then more people would actually start to use the $2 bill which would be much more useful.
 
I dunno - I guess the new money is nice. And, preventing counterfeiting is a good thing too.

Although, re: the earlier discussion on counterfeiting older bank notes (for example, the series printed in the early 1980s wasn't yet designed to thwart high-end scanners), it is true that if you get a lot of older notes that are all crisp and new you do need to verify them (I used to work at a bank). Sometimes, the bill counters would spit out suspicious bills, depending on the model...

However, a lot of people also have "tin can money" - stuff they stash away and never touch for years. Seems like if I were going to counterfeit older bills, I'd print them and then age them somehow to make it look like they were tucked away in the attic. Then pay off a little old person to bring them to the bank in exchange for a money order.

I also recall, every December at our bank in NH, the same guy would special order newly-minted bundles of $2 bills ($200 each bundle of 100 bills) - they'd come in as a bag of $2000 (ten bundles). He'd then take them to a copy shop where he got one edge of the bundles bound with wax like those small pads of paper. He'd give them to his friends as a "novelty" gift (shows you how rich he was) so they could tear off individual $2 bills and spend them. Kinda neat, though... Sure wish I had a friend like that.

Someone also beat me to posting about money from the Bahamas, which I consider to be some of the most beautiful (and least nationalistic) that I've ever seen. I mean, tropical fish and people lounging on the beach - how cool would that be on the new $10.
 
watcher2001 said:
Clearly more than half??? Just like our gov to be vague. It is really simple I think. Each bill has the serial number in 2 spots (One on each Side) . I think that if you can see all of one number and one number of the other than you could trade it in for a new bill.

nah, the gov in this case has a better solution. in the case below, they would replace the ripped note, but you wouldn't
 

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Here they say that if you manage to rip a note (they're plastic so it's hard to do), you should just tape it back together.
 
I had a coworker who loved to pull out a $1 bill while we were all sitting at lunch and cut it into small pieces, or destroy it some other way, just to see the shocked look on people's faces. No, it wasn't a magic trick. He just liked the reactions he got, and it only cost him a dollar.

He was also known for cutting off the bottom half of men's ties and chewing Brillo to make his mouth foam, but that's another matter altogether!
 
Originally posted by Doctor Q
I had a coworker who loved to pull out a $1 bill while we were all sitting at lunch and cut it into small pieces, or destroy it some other way, just to see the shocked look on people's faces. No, it wasn't a magic trick. He just liked the reactions he got, and it only cost him a dollar.
That's illegal
 
dubbz said:
Won't that be a problem if you're blind? How could you know which bill you're holding?

Edit: Just checked a couple of norwegian ones. They seem to be the same size... weird. I seemed to remember that they differed somewhat.

I don't buy this argument. If you are blind and only have one bill, you would have no idea what the value is.
 
Originally posted by skubish
I don't buy this argument. If you are blind and only have one bill, you would have no idea what the value is.
Maybe not, but maybe...
I know in America at one time we were going to put different textures in money so the blind could "feel the amount." Seemed like a good idea, but I guess we aren't going to do it. Or maybe in some countries braile is printed in one of the corners (I have no idea).
But in America it would be impossible to know if you couldn't see it.
 
The movie Ray had a scene where Ray Charles figured out that he couldn't trust the boss to pay him cash because he couldn't tell which bills he was being handed.
 
Originally posted by Doctor Q
The movie Ray had a scene where Ray Charles figured out that he couldn't trust the boss to pay him cash because he couldn't tell which bills he was being handed.
Never saw that movie, but how would he get paid them? He wouldn't be able to read a check either, so unless he got paid in coins how would it make a difference?
 
EricNau said:
Never saw that movie, but how would he get paid them? He wouldn't be able to read a check either, so unless he got paid in coins how would it make a difference?

I believe he got paid in ones. The boss didn't like this too much and some conflict ensued...
 
Oh its wonderful...

When are they redoing the $1, not that it really matters because who would want to make fake $1 bills.
 
CompUser said:
Oh its wonderful...

When are they redoing the $1, not that it really matters because who would want to make fake $1 bills.

The $1 is not going to be redone, as has been said either in the thread. (OOh, two rhymes). It's most likely because of the cost involved just to print it. Vending machine companies, and other places would hav eto invest a lot of money, even though in my opinion it would be worth it.
 
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