Re: [82attendees] Old dollar bill not recognized at airport

Humberto Galiza <humbertogaliza@gmail.com> Wed, 16 November 2011 07:03 UTC

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Date: Wed, 16 Nov 2011 15:03:12 +0800
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From: Humberto Galiza <humbertogaliza@gmail.com>
To: "John R. Levine" <johnl@iecc.com>
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Subject: Re: [82attendees] Old dollar bill not recognized at airport
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Hi there,

I tried to: exchange my money again (HSBC, Citibank, Bank of Taiwan)
and got no sucess (same argument, too old); deposit in bank account
and got no success (am I on top of a wave of bad lucky??? Probably..)

My gateway of last resort: is there anyone here that wants to swap
money with me (old dolar x new dolar)? If so, please contact me in
pvt.

Regards,

Humberto Galiza



2011/11/15 John R. Levine <johnl@iecc.com>:
> The US has never recalled or revalued its currency, so every coin and bill
> ever issued by the US government remains legal tender.
>
> But: most of the US currency by value is $100 bills, and most of the $100
> bills are outside the US, widely used as a store of value in countries where
> residents don't trust the local currency.  Not surprisingly, there are also
> a lot of counterfeit $100 bills in circulation, particularly of the older
> series that don't have the anti-forgery features of the new bills produced
> since 1996.  (There's a new series 2010 bill that hasn't been released yet
> because the anti-forgery features are so complex that they can't reliably
> print the bills!)
>
> The bank is refusing your $100 because they think they think it may be
> counterfeit, or at least they're unable to persuade themselves that it's
> not.  I suspect all the banks in Taiwan have similar rules.  Joe's point
> about legal tender is irrelevant, since nobody has to accept a counterfeit
> bill.
>
> Assuming your bill actually isn't counterfeit, perhaps one of the Americans
> at the conference would be willing to swap it for five $20s which are easier
> to negotiate here.
>
> Regards,
> John Levine, johnl@iecc.com, Primary Perpetrator of "The Internet for
> Dummies",
> Please consider the environment before reading this e-mail. http://jl.ly
>