21–30 of 421 posts
Would it be legal to use a sheet like that as currency?
It's not considered legal tender since it's not a note, it doesn't have to be accepted. The cut out notes don't have to be accepted either as it's difficult to determine the authenticity of the sheet itself.
gotta be someone somewhere with more money than sense using these as wallpaper
It felt like a novelty at the time, but that feeling wore off quickly.
Steve Wozniak (the Apple cofounder) famously bought sheets of $2 bills, and had a printer perforate and gum them into pads. So he could literally tear off $2 bills, in front of people who might not even know it was real currency, to pay them. https://web.archive.org/web/20180311084811/http://archive.wo...
In the video interview https://www.youtube.com/watch?v=LJ1TIYxm1vM he never demonstrates how he tears them apart after mentioning that they're perforated. To me, it all looks like a 4x1 sheet of $2 bills that you can buy off the US mint. The video interview all sounds like a joke, and he says at some point "No, no it's all a joke". Unless it's a deposition, it's all based on trusting his character and given his lates…
Anyone who knows Woz can assure you that he is quite a character!
gotta be someone somewhere with more money than sense using these as wallpaper
Steve Wozniak (the Apple cofounder) famously bought sheets of $2 bills, and had a printer perforate and gum them into pads. So he could literally tear off $2 bills, in front of people who might not even know it was real currency, to pay them. https://web.archive.org/web/20180311084811/http://archive.wo...
In the video interview https://www.youtube.com/watch?v=LJ1TIYxm1vM he never demonstrates how he tears them apart after mentioning that they're perforated. To me, it all looks like a 4x1 sheet of $2 bills that you can buy off the US mint. The video interview all sounds like a joke, and he says at some point "No, no it's all a joke". Unless it's a deposition, it's all based on trusting his character and given his lates…
Curious though, what speaking appearance are you talking about? He always just seems like a jolly old man to me who is a bit out of touch but quite sweet.
Why do these sell for so much more than the value of the note?
I only wish they sold something practical like non-commemorative quarter rolls, even at a slight upcharge... banks are cracking down on who they allow to redeem cash for equivalently-valued quarter rolls.
Steve Wozniak (the Apple cofounder) famously bought sheets of $2 bills, and had a printer perforate and gum them into pads. So he could literally tear off $2 bills, in front of people who might not even know it was real currency, to pay them. https://web.archive.org/web/20180311084811/http://archive.wo...
In the video interview https://www.youtube.com/watch?v=LJ1TIYxm1vM he never demonstrates how he tears them apart after mentioning that they're perforated. To me, it all looks like a 4x1 sheet of $2 bills that you can buy off the US mint. The video interview all sounds like a joke, and he says at some point "No, no it's all a joke". Unless it's a deposition, it's all based on trusting his character and given his lates…
Earlier quoted context omitted.
It's not considered legal tender since it's not a note, it doesn't have to be accepted. The cut out notes don't have to be accepted either as it's difficult to determine the authenticity of the sheet itself.
Sellers are largely free to choose what form of payment to accept or refuse, regardless of "legal tender" laws. The concept is much more narrow than commonly assumed: https://www.federalreserve.gov/faqs/currency_12772.htm
In the cited Section 31 U.S.C. 5103 it says:
> Federal Reserve notes and circulating notes of Federal Reserve Banks and national banks
What would be the legal definition of a note sheet? Is it a note or not? A collection of bank notes? The bank notes have pretty specific definitions down to the specific measurements up to a certain precision. Would a music note sheet fall under this definition as well? I don't see what the US mint sells as a legal tender given the strict definition of bank notes themselves.