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Uncut Currency

usmint.gov

181–190 of 421 posts

Re: Uncut Currency

#181

Earlier quoted context omitted.

The last iteration of German paper money was cotton-based and had raised markers, so it's not an either-or. Example: https://en.wikipedia.org/wiki/Deutsche_Mark#/media/File:5_Ma... (the : in the bottom left area, next to the 5)

These bills also had sizs that increased with their denomination.

True, but is that unusual? I know that U.S. notes are same size, but that seems to be the exception to me?

Re: Uncut Currency

#182

Earlier quoted context omitted.

[flagged]

Absolutely no political party in the US is railing against the disabled. The ADA was championed by Bush - a Republican candidate. Especially seeing how many people in “rural America” are claiming disability benefits that could work. But don’t have the necessary skills to get the jobs available are a willingness to move to where the jobs are. Yes I realize that moving somewhere without the extended family support syst…

[dead]

Re: Uncut Currency

#183
post #117

50 $1s for $86 - thats highway robbery

There was a time when the mint would sell coins and bills at face value. The problem is, people started using that for manufactured spending to rack up credit card points. They added a premium to prevent this.

Re: Uncut Currency

#184
post #124

Earlier quoted context omitted.

And for songs, often (fake?) testimonies to people's emotional attachments to the song.

moji moji moji who still bangin this in 2022? moji moji

The explanation I've heard for these is it's a low-effort bot comment that builds activity on the commenting account.

Whether that actually increases the value of an account or not, I'm not sure. But it's enough that spammers seem to think that having comments & replies on an account.

It may also be purchased comments to improve "engagement" metrics on videos for the creator.

Re: Uncut Currency

#185
post #154

(Professional coin & currency nerd here) Fun fact about these — when the treasury first issued these, many people decided to cut them into odd off-center pieces and sell the resulting notes as miscut errors. Once that started happening, the treasury (BEP to be specific) very quickly changed the serial numbers so they’re all very recognizable as having come from an uncut sheet. I didn’t check the latest for all denomi…

I'm shocked someone would pay $500 for an erroneously cut $1 bill.

People will pay extra for currency that has zero errors, and only an interesting serial number.

Re: Uncut Currency

#186

Earlier quoted context omitted.

> I use cash because it contributes to the local neighborhood economy more than not using cash. The merchant gets all except for a 2% fee when you don’t use cash. Cash handling also has cost - theft both from employees and outside actors - too. > I use cash because I do not want to risk a banking app being broken by a non-banking app. When has Apple Pay or Google pay ever been “broken”? Do you not use a bank at all o…

> There are very few places in the US that up charge for credit card transactions I actually see it quite often here in the Twin Cities at small stores, bars, restaurants. A 1~3% discount for cash. > The merchant gets all except for a 2% fee when you don’t use cash. Cash handling also has cost - theft both from employees and outside actors - too. I've asked quite a few merchants that take both whether they have a pre…

> I actually see it quite often here in the Twin Cities at small stores, bars, restaurants. A 1~3% discount for cash.

For reference, I have a card that gives me 3 points back for all restaurants and another card that gives me 2 points back for all other purchases.

Doing the simplest thing possible and transferring those points to Delta for flights nets me 1.3% for each point meaning I will at least get 2.6% back on general purchases or almost 4% back worse case on restaurants.

If they have to accept cash or credit cards, yes they will prefer cash. But there are reasons that some places don’t accept cash at all. It’s because of employee theft. But it’s harder to steal cash at restaurants and bars because everyone gets receipts.

The usual theft from bars come from bartenders pouring more expensive liquors and charging for cheaper liquor and then accepting larger tips.

Re: Uncut Currency

#187

Earlier quoted context omitted.

The question is why are you using cash? Even my 82 year old dad is now using Apple Pay and both of my parents mostly use credit cards/debit cards. The only time I keep cash is for tipping, my wife and I travel a lot.

> The question is why are you using cash? I use cash because it contributes to the local neighborhood economy more than not using cash. I use cash because I do not want to risk a banking app being broken by a non-banking app. I use cash because I do not trust banking apps to keep to themselves instead of infecting the whole device with spyware to "verify who you are". I use cash because not using cash charges extra (…

it's way easier (for some people) to go to the ATM once a month and then have a physical pile of money you're using, ams physically see how much you're spending and adjust habits. A digital card that looks the same all month when you pull it out of your wallet has no such quality and is a basically scam on certain kinds of people to get them to spend more money.

Re: Uncut Currency

#188
post #154

(Professional coin & currency nerd here) Fun fact about these — when the treasury first issued these, many people decided to cut them into odd off-center pieces and sell the resulting notes as miscut errors. Once that started happening, the treasury (BEP to be specific) very quickly changed the serial numbers so they’re all very recognizable as having come from an uncut sheet. I didn’t check the latest for all denomi…

...and now that Ebay listing says "477 viewed in the last 24 hours!"

Re: Uncut Currency

#189

gotta be someone somewhere with more money than sense using these as wallpaper

I love the story that a French building recently (2010s, I think) renovated and discovered back rooms wallpapered in very early American money and plenty more stuffed inside various walls as essentially insulation. There was no surprise as to why that might be because most of the bills had the obvious signature of Benjamin Franklin and there was one notorious French bordello in his diplomat days that he had been alleged to spend a lot of self-invented money at. It was mostly only good for wallpaper and insulation, but being a diplomat he certainly implied it was good American currency at the time. There's something to weirdly admire about Ben Franklin paying for apparently a lot of French services with money he just kind of made up himself, and they mostly accepted it because it did make interesting wallpaper and decent building insulation.

Re: Uncut Currency

#190

Earlier quoted context omitted.

> The question is why are you using cash? I use cash because it contributes to the local neighborhood economy more than not using cash. I use cash because I do not want to risk a banking app being broken by a non-banking app. I use cash because I do not trust banking apps to keep to themselves instead of infecting the whole device with spyware to "verify who you are". I use cash because not using cash charges extra (…

it's way easier (for some people) to go to the ATM once a month and then have a physical pile of money you're using, ams physically see how much you're spending and adjust habits. A digital card that looks the same all month when you pull it out of your wallet has no such quality and is a basically scam on certain kinds of people to get them to spend more money.

When you use a debit card, the amount is immediately deducted from your checking account and you can check to see how much you have left by logging into your account.
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