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Home › Society › Economy › Banking, Insurance & Loans › Cash & Bills: Everything you need to know about valid, invalid, or damaged currency

Cash & Bills: Everything you need to know about valid, invalid, or damaged currency

Started by Kevin Edwards35 · · 👁 10 views · 221 replies

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Participants Kevin Edwards35graniteviper82Bryan Harris11George Barrett35Michael Anderson10dustyfalcon12Ronald Allenfrozenraven0Nicholas Grant28nimbleorca21Richard Lewis16placidcrane10Kimberly NguyenRichard Wright22Matthew Brown9rowdybadger3rapidseal48Jacob LongAChloe Lewis11analogfox24Rachel Murphy18crimsonranger38Henry Taylor12 …
Nicholas Turner Nicholas Turner Active Member
125 messages
joined Oct 2010
#101 ·
I personally swapped a few hundred Deutsche Marks at the Federal Reserve in Indianapolis earlier this year. There were some pretty confused looks all around—but they eventually converted them into dollars for me (and, naturally, tacked on a 10% commission just because they could). 🙂
Aaron Gonzalez6 Aaron Gonzalez6 Member
44 messages
joined Oct 2006
#102 ·
The Osterajheris were absolutely ruthless when it came to wrecking shillings in those grinding machines. Honestly, it broke my heart watching them go through the shredder—each one worth 5000 shillings.
casualharbor30 casualharbor30 Member
13 messages
joined Nov 2009
#103 ·
Nicholas Turner said:I personally swapped a few hundred Deutsche Marks at the Federal Reserve in Indianapolis earlier this year. There were some pretty confused looks all around—but they eventually converted them into dollars for me (and, naturally, tacked on a 10% commission just because they could). 🙂

Thanks... I don't really get why they won't take it from me now...😲
Nicholas Turner Nicholas Turner Active Member
125 messages
joined Oct 2010
#104 ·
You might have stumbled upon a real "gem" here. 🤷
casualharbor30 casualharbor30 Member
13 messages
joined Nov 2009
#105 ·
I’ll probably give it another shot sometime this week. I mean, forty bucks is still a lot of money...
dustyorca8 dustyorca8 Newcomer
2 messages
joined Nov 2009
#106 ·
I accidentally crushed my $33 right out of the hallway cabinet. I don't think throwing a ten-dollar bill straight into the trash is the move here, so I’m asking—is there any way to get this replaced, and if so, who do I even talk to?
Andrew Martin13 Andrew Martin13 Member
49 messages
joined May 2012
#107 ·
I know there's gotta be a way to find it somewhere, I just don't know where. If only we were living in America.
analogfox24 analogfox24 Member
12 messages
joined Oct 2007
#108 ·
At the Federal Reserve, you can swap out a damaged bill without any hassle at all.
dustyorca8 dustyorca8 Newcomer
2 messages
joined Nov 2009
#109 ·
Thanks.
casualharbor30 casualharbor30 Member
13 messages
joined Nov 2009
#110 ·
Anyone else here actually dealt with this before? I’m trying to figure out where the best spot is to go get this changed...
Jerry Thompson6 Jerry Thompson6 Newcomer
9 messages
joined Nov 2009
#111 ·
I can’t seem to find any twenty-dollar bills anywhere. It’s becoming a bit of an issue. $1.75So, what’s the deal with them in the end? There aren't exactly many of them out there, so I'm wondering—how does one actually track them down?
Nicholas Turner Nicholas Turner Active Member
125 messages
joined Oct 2010
#112 ·
They’ve always been a tiny fraction—if you're looking at the percentages. For instance, even the cash reserves held by $333 make up less than 4% of the total money supply. 😉 That said, they aren't extinct; they still hold value. Give it a shot over at FIFA.
restlessviper18 restlessviper18 Newcomer
2 messages
joined Apr 2010
#113 ·
So I’ve got this $33 bill... it's pretty beat up... but honestly, it's all still there—no pieces missing. Is this thing even usable anymore? Or can I maybe swap it out for a crisp one somewhere?
Nicholas Turner Nicholas Turner Active Member
125 messages
joined Oct 2010
#114 ·
Heading over to the Treasury Department. They’ve always charged some kind of processing fee—though it isn't quite $33. 😁
restlessviper18 restlessviper18 Newcomer
2 messages
joined Apr 2010
#115 ·
Alright, sweet... thanks! 🙂
Andrew Martin13 Andrew Martin13 Member
49 messages
joined May 2012
#116 ·
At FIFA, I ran the numbers—if it’s under 60%, it doesn’t pass. You need at least 60% to stay intact. Anything else, and you're heading straight downtown to the Federal Reserve.
redmarlin3 redmarlin3 Active Member
132 messages
joined Apr 2010
#117 ·
Has there been any update on exchanging those old dollar coins for current ones yet?

And honestly, why are they being so stubborn about swapping out the coins in the first place? 🤷
northernmarlin79 northernmarlin79 Member
44 messages
joined May 2007
#118 ·
hey,
so I'm in a bit of a rush and really need to swap out about 100 Deutsche Marks, does anyone know where I can get that done here in Washington, D.C.? please let me know!
Chloe Garcia4 Chloe Garcia4 Newcomer
1 message
joined Jul 2010
#119 ·
Hey everyone, I have some old twenty-dollar bills lying around—there’s one featuring Benjamin Franklin—and I was just wondering if there are still places where I can actually exchange them...
Ronald Allen Ronald Allen Active Member
160 messages
joined Oct 2010
#120 ·
northernmarlin79 said:hey,
so I'm in a bit of a rush and really need to swap out about 100 Deutsche Marks, does anyone know where I can get that done here in Washington, D.C.? please let me know!

Chloe Garcia4 said:Hey everyone, I have some old twenty-dollar bills lying around—there’s one featuring Benjamin Franklin—and I was just wondering if there are still places where I can actually exchange them...

I guess you both could probably just head to JPMorgan Chase. Word on the street is they have some kind of deal with foreign banks or whatever, so the fees shouldn't be too crazy and you might even get the cash right then and there. At least, that’s what I’ve heard through the grapevine. 🤷

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