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

John is right about counterfeit bill.
In addition, anybody outside of the US does not have to accept US
dollar bill even if it is a real one.
It is a legal tender in the US but is not outside.
The US law does not extend beyond its border.

Nat Sakimura

On 2011/11/15, at 18:09, "John R. Levine" <johnl@iecc.com> wrote:

> 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
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