Golden Mean
Full time employment: Posting here.
- Joined
- Feb 20, 2009
- Messages
- 513
$6250 in 1999 when I sold my 91' MR2 Turbo. 
Actually, there was a $100,000 bill with Woodrow Wilson on it.Here’s information on the $1,000 bill:
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United States one-thousand-dollar bill - Wikipedia
en.m.wikipedia.org
The largest bill minted I think was $10,000 with Salmon P Chase on it.
With the way inflation is and how thick 50 $100s are or 100 $50s are, and that’s just $5000, it’s nothing short of ABSURD that you cannot go to the bank and obtain, in this day and age, a bill that is printed that is at least $100,000, perhaps even a million dollar bill is warranted. Supposedly, it’s to make it difficult for drug dealers to interact and my guess is the lack of a bill greater that $100 being readily available has curtailed a sum total of ZERO drug deals over the years.
Yes, but that was between banks and not available for general circulation.Actually, there was a $100,000 bill with Woodrow Wilson on it.
And completely impractical. There’s no reason in this day and age there aren’t bills up to at least a million available in circulation. Open up your wallet, a nice thin bill, could be a dollar, or $1 million.Interesting question... I am thinking about $4 to $5K...
Not in your question was other peoples cash... I have held $1 million in cash before... it is a lot larger and heavier than you might think...
My understanding is that bills of $1000 and over were slowly phased out, starting in the 80s, to combat elicit activities (drug dealing, etc).And completely impractical. There’s no reason in this day and age there aren’t bills up to at least a million available in circulation. Open up your wallet, a nice thin bill, could be a dollar, or $1 million.
Plus, how exciting would it be to walk into the local WaWa to pay for gas and find a $1 million bill laying on the ground? I can’t even relate to that sort of coolness factor!
And how did that work? We didn’t exactly turn into a drug free state.My understanding is that bills of $1000 and over were slowly phased out, starting in the 80s, to combat elicit activities (drug dealing, etc).
And how did that work? We didn’t exactly turn into a drug free state.
I would bet these were phased out much earlier than the 1980s.
Rent these days is easily over $1,000 a month, probably closer to $2k. Easier just to slip the landlord two slender $1000 bills.
Okay, they’ve been pulling them from circulation since 1969. With 56 years of inflation since then, it’s time to bring it back. How do there feel about this?![]()
United States one-thousand-dollar bill - Wikipedia
en.wikipedia.org
It would greatly lessen the size of the stack of my cash stashOkay, they’ve been pulling them from circulation since 1969. With 56 years of inflation since then, it’s time to bring it back. How do there feel about this?
Why is it "the proper thing" to report cash where a report is not required?Travelled international with $9k cash last winter. Did the proper thing and reported it on the customs forms even though it was under the $10k limit. Opened a local bank account a few days later with that cash and it funded a couple months of fun in Central America.
Which is really funny, as counterfeit bills new made are crisp and clean since they are brand new.When we travel internationally we often work with small in-country travel companies. Normally we wire a deposit but I will ask if there is a discount for paying the balance in cash. Usually that is welcomed.
I don't remember specifics but I think I've carried up to about $20K in cash, paying the company as quickly as possible after arrival.
One thing I have found multiple places is a requirement for $100 bills in perfect condition. Usually I have to help the bank teller go through his/her stack to pick out the perfect ones. One time I had a bill with a 1/4" fold on one corner and it was refused.
Respectfully, I think you are on the cusp of "old man shouts clouds".Okay, they’ve been pulling them from circulation since 1969. With 56 years of inflation since then, it’s time to bring it back. How do there feel about this?