Hows this for amusing:

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A rare $10,000 bill is getting a new home. The bill — one of 15 large-denomination bills at a Chase Bank branch in Green Bay — was shipped to the bank’s corporate archives in New York for safe keeping.

The $10,000 bill bears the likeness of Salmon P. Chase, for whom the bank was named. Chase was a U.S. senator who served as treasury secretary under President Lincoln.

AP via Yahoo:

"The large bill was discovered in a bank customer’s safety deposit box after the owner died 20 years ago. The woman’s family exchanged the currency at face value, and the bank stored the bill in a plastic sleeve for protection.

But bank officials decided the bills would be safer at the JP Morgan Chase & Co. corporate office in New York. The bank sent the bills there last month by armored truck.

The government stopped printing bills larger than $100 in 1945 and hasn’t issued any since 1969. The Green Bay bills were printed in 1934.

"The bills had been in our vault so long that many of us were sad to see them go, but we’re glad to know that historic bills will be properly preserved," said Green Bay branch manager Carrie Liebhauser."

Half the time, I can’t get NYC cabbies to break a twenty . . .

Source:
$10,000 Bill Sent to N.Y. for Safe Keeping
AP, Thu Mar 9, 7:10 AM ET
http://tinyurl.com/kvwsp

Category: Finance

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “Can you break a large bill for me? ($10,000)”

  1. Mark says:

    Any reason why that wasn’t worth WAY MORE than $10K.?

  2. Charles says:

    You had a normal family, maybe strapped for cash on one side of the trade. And on the other side you had a uh, lets say, “opportunistic”, bank.

  3. Idaho_Spud says:

    Well, now we know what kind of bills were circulating the *last* time we had this much liquidity floating around. I could use a couple of ten thou bills right now to pay some medical expenses. How about it Ben?

  4. Lord says:

    Holding cash over a century can produce returns greater than lending it. Who thought inflation was the only effect on its value? Stuff some of that precolorized currency away for the grandchildren.

  5. Thom H says:

    Went with my 9 year old on a field trip to a bank a few weeks ago and got talking with one of employess. Tellers usually have first dibs on silver and silver certificates when they come in. They all actively look for it. Were talking about large bills and he indicated that the $500 and $1000 bills are worth way more than face value. He has gotten just a few in the past and always purchased them from the bank. Can’t imagine what a 10K or 100K billis worth, but it’s a whole lot more than face. How ripped off will those folks feel when they find this out.

  6. Shirley says:

    I have the following:
    2 $1000. and 2 $500. bills in plastic sleeves.
    1 $5.00 bill National Currency stamped onj front federal reserve Bank of Boston Mass

    47 $1.00 bills-silver certificates

    How do I find the value of these?