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View Poll Results: Should we have a $200 or $500 bill?
Yes, both a $200 bill and a $500 bill 16 19.05%
Yes, but only a $500 bill 15 17.86%
Yes, but only a $200 bill 3 3.57%
No, things are fine as they are. 50 59.52%
Voters: 84. You may not vote on this poll

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Old 01-26-2016, 11:02 AM
 
Location: Pennsylvania & New Jersey
1,476 posts, read 3,351,046 times
Reputation: 1564

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Quote:
Originally Posted by BostonMike7 View Post
I try and spend $2 bills, 50 cent pieces and the $1 coins when I can.
$2 bills are usually a hit, especially with the younger kids at coffee shops. They all think they are super rare and have never seen it.
...There was one guy who thought it was a fake bill though.
Quote:
Originally Posted by CoastalMaineiac View Post
I'm known at a local store as the guy with all the "funny" money. Yes, I like spending the $2's, the halves, and the $1 coins as well.
That makes three of us. Have some fun using two-dollar bills!

Riddle me this: I got a large cup of coffee at the convenience store, trading in my crinkled Jefferson, receiving a hard Jefferson and the cup-o'joe in return. How much was the coffee?

But be careful how/where you use our beloved misfits! It's one thing when kids think they're fake. It's another thing when cops do! Don't let this happen to you: Mike Bolesta Baltimore Sun | A tale of customer service, justice and currency as funny as a $2 bill - tribunedigital-baltimoresun The Sun has an interesting concept of "funny".

Quote:
Originally Posted by 7 Wishes View Post
But $2 bills are relatively rare. They made them in 1976 to celebrate the Bicentennial and again in 1995 because the Federal Reserve wanted some (though a bit before my time (I'm 48), I know they made a lot more of them before the 70s)....
Since then Series 2003, Series 2009, and Series 2013. USPaperMoney.Info: Series 2003 $2
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Old 01-26-2016, 11:10 AM
 
17,627 posts, read 12,218,187 times
Reputation: 12864
Quote:
Originally Posted by oceangaia View Post
That's dumb, the $20 bill is the most commonly counterfeited denomination in the U.S. If you were a counterfeiter, why would you ever counterfeit a $100 bill? Everyone looks close at a $100, nobody looks twice at a $20. The cost of ink and paper is insignificant.

The 100.00 is the most counterfeited outside the US the 20.00 inside the US however I don't know if an accurate total dollar figure can be attached to either
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Old 01-26-2016, 11:37 AM
 
Location: Maine
1,105 posts, read 1,433,067 times
Reputation: 1733
Quote:
Originally Posted by MaverickDD View Post
That makes three of us. Have some fun using two-dollar bills!

Riddle me this: I got a large cup of coffee at the convenience store, trading in my crinkled Jefferson, receiving a hard Jefferson and the cup-o'joe in return. How much was the coffee?
$1. You paid with a $2 bill, and got a presidential $1 coin with Jefferson's mug on it as your change.

Quote:
But be careful how/where you use our beloved misfits! It's one thing when kids think they're fake. It's another thing when cops do! Don't let this happen to you: Mike Bolesta Baltimore Sun | A tale of customer service, justice and currency as funny as a $2 bill - tribunedigital-baltimoresun The Sun has an interesting concept of "funny".



Since then Series 2003, Series 2009, and Series 2013. USPaperMoney.Info: Series 2003 $2
I hope the guy sued the pants off of them. Ignorance abounds in some places, I guess. I've had no problems spending them here.
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Old 01-26-2016, 12:54 PM
 
Location: Living on the Coast in Oxnard CA
15,372 posts, read 25,586,306 times
Reputation: 19646
Quote:
Originally Posted by CoastalMaineiac View Post
I don't think I've ever run into a store that would refuse a $100 bill for a purchase in that ballpark. The corner gas station isn't going to break a hundred for a 50 stick of gum, but they'd be silly to refuse it in the case of, say, a trucker filling up with diesel fuel.
Most of the Professional drivers that I know have fuel cards. Why would they need cash? Many can also sign for fuel depending where they are at. No cash needed.
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Old 01-26-2016, 01:00 PM
 
Location: Living on the Coast in Oxnard CA
15,372 posts, read 25,586,306 times
Reputation: 19646
My pay check hits my account electronically. I never see a paper check. I can look it up online though.

Pay my mortgage, car payment, electric, gas, water trash, cable, any other bills from my phone electronically.

Never use cash at a store, always use the debit card.

When I shop online I have several electronic options to pay.

About the only people that get cash out of me is my kids, and the person I buy my wifes flowers from.
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Old 01-26-2016, 01:39 PM
 
Location: Kansas/China
4,536 posts, read 2,305,787 times
Reputation: 3189
I haven't ever carried cash on a regular basis. I grew up with debit/credit cards and see no need for it. Regular payments are automatic withdrawals and everywhere else uses cards. I do own a business that accepts cash, but it all gets deposited into bank accounts each day.

I voted no, how it is, is fine. The only change I would make is the removal of pennies, certainly no new bills.
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Old 01-26-2016, 03:14 PM
 
Location: Mt Shasta , Ca.
1,806 posts, read 1,244,667 times
Reputation: 3805
I still wished ATM's dispensed $5's.
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Old 01-26-2016, 03:39 PM
 
Location: Ohio
18,024 posts, read 13,247,591 times
Reputation: 13833
Quote:
Originally Posted by CoastalMaineiac View Post
What do you all think?
Seeing how you're on the verge of a cashless society, it would be irresponsible to waste tax-payer money and resources to design and print a $200 Bill.

Even when you enter a period of double-digit hyper-inflation in mid-2025, it will still be a waste.
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Old 01-26-2016, 04:06 PM
 
Location: Prosper
6,268 posts, read 12,114,361 times
Reputation: 9325
I'd like to have a $1000 dollar bill. I think there's a need for transactions that are large, like buying cars from an individual. I've paid someone $8k once in $100 bills, that was a pain. The guy didn't trust a cashier's check, thought he could possibly get scammed, so he only wanted a bank wire or cash. Well, a bank wire takes all day before you are verified that it has cleared, and I wasn't planning on sitting in a bank all day so I just brought him cash. I've done several other transactions that were around the $5k mark, those were a pain too.

Doubtful we'll ever see larger bills though, the higher the denomination, the easier it is to launder large amounts of money more quickly.
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Old 01-26-2016, 04:48 PM
 
Location: Central IL
13,379 posts, read 7,135,232 times
Reputation: 31113
I thought they got rid of the big bills to discourage counterfeiting and drug money laundering?
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