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 Replies: 53 / Views: 7,218 |
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Moderator
 United States
188560 Posts |
Quote:
This is what my Monday morning desk typically looks like. And just where is this desk?  |
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Pillar of the Community
Canada
5394 Posts |
Have to check with the Panama offshore shell company to answer this as they have all the transaction records.  ! |
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Pillar of the Community
Norway
1358 Posts |
I just returned from Iran, where I had to take a large amount of cash with me, as Iran is still isolated in monetary terms: it's not possible to take out money at banks or ATM's with foreign bank cards or credit cards there.
Despite it just being around $2500, I felt slightly uncomfortable, also as I live in a nearly cashless country where all goes with card payments. In addition, I really had to take good care of myself and my money, as there would be no back up in case I lost it (not afraid it'd get stolen, as it's a pretty safe country). Plus that it gave a bit of hassle at the airport, as the drug dog the airport smelled that I had a lot of bank notes with me (never realized they are trained to smell that too), so I had to explain to the customs officer and the police at Oslo Airport what I intended to do with my money. Fortunately my story was backed up by some easy-to-verify facts, though. :)
In Iran, $2500 would enable you to live like a king for a month or so. I took my chances to buy some gold coins (Pahlavi coins) there.
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CCF Advertiser
United States
1533 Posts |
Last year I bought a 1795 dollar as well as a pattern half from a dealer that did not know me that lived 2 hrs away. I brought $7,800 in cash on a 2 hr drive. I don't usually carry that much in cash or coins as everything lives in the bank so it was a little unnerving.
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Valued Member
United States
343 Posts |
A couple grand to buy a new car with. I'm never nervous because I certainly don't look like I have money.
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Moderator
United States
188560 Posts |
Very interesting, UltraRant. I could not imagine traveling abroad with that much cash. I am glad everything worked out okay for you.
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Bedrock of the Community
Canada
10743 Posts |
My crew and I shingled a roof one time and the owner paid me in $100 dollar bills for a total of $12,000.  |
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Valued Member
United States
130 Posts |
Not much here, only about $3,500 at one time, although it wasn't mine. I really rarely handle much cash in life at this point (and for record-keeping purposes, I prefer avoiding using cash as much as possible).
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Pillar of the Community
Norway
1358 Posts |
@jbuck It was interesting. The worst part was that the hotel tried to be polite by asking me to pay on departure, not on arrival... All worked out fine in the end.
Also, finding a local bureau de change is an interesting experience. I first thought they gave me an appalling rate (not that there's much of a choice, though, it's not as if there are many money changers). Turned out to be Toman instead of Rial, which is the informal super unit (10 Rial in a Toman). And then suddenly my stay went to very, very cheap. :)
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Moderator
United States
188560 Posts |
Now that is a nice turn of events.  |
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Pillar of the Community
Canada
3690 Posts |
$50,000USD which was equivalent to about $80k CAD at the time.
I have signed cheques for as much as $50M and that was even more nerve racking than holding stacks of paper money.
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Pillar of the Community
United States
669 Posts |
In my hands I had about $10k in 20's at one point. Within the vicinity, I visited the Federal Reserve in Chicago while I was an undergrad as a field trip for my monetary policy class and got to stand next to a million in $20's, $100's and $1's in the Fed's money museum. Our professor also worked for the Fed (she taught the class part time in the evening), so she was able to get us in the basement to tour the area that was closed off to the public after 9/11 which included watching workers sort through the good and bad bills for shredding before recirculating the good ones. Before going in the basement, we were asked not to wander off the dam tour and not to take any dam pictures or our phones would be confiscated. Nobody asked where they could get some dam bait though. :D These pictures are kosher since they were taken in the "Money Museum".  In case you're wondering why the "briefcase" looks bent; according to the curator, a group of high school students there on a field trip a couple weeks before me thought they would be cute and see if they could sneak under the briefcase and grab a few bills. However, the security system was a little more sophisticated than they thought (along with the plexiglass encasing the whole stack of money) and triggered the alarm which led to them being kicked out by Fed Reserve Police. I'm sure the display has since been updated since they said they were planning to upgrade it.  This was for an interactive activity on inflation using $1 million in $20 bills.  A display of what $1 million in $1 bills looks like. Edited by mrpapageorgio
04/30/2016 2:48 pm
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Pillar of the Community
United States
7390 Posts |
Ok papageorgio, as I first read the "dam tour" line I was itching to follow up with the "dam bait" line but then I read further |
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Pillar of the Community
United States
669 Posts |
I was anticipating a comment from you Cascade :P
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Pillar of the Community
United States
7390 Posts |
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Replies: 53 / Views: 7,218 |
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Posted 04/06/2016 11:46 am
