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Uncommon Circulation Notes List

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Bedrock of the Community
United Kingdom
17937 Posts
 Posted 05/12/2019  07:46 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list

Quote:
How about a 100€, 200€ or 500€ ?

I travel frequently to Europe and never see anything larger than €50. Many businesses do not accept the higher value notes.
Valued Member
Canada
117 Posts
 Posted 05/12/2019  09:38 am  Show Profile   Bookmark this reply Add trikdoutcobalt to your friends list
Are they really that rare now? I give/receive them to/from clients at my work every day. When I was in Germany a few years ago, I spent a €200 note on a Red Bull and the cashier didn't even bat a eye. And this was in a really small town.
Pillar of the Community
Canada
2578 Posts
 Posted 05/12/2019  4:00 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list
I think this thread should be retitled "Uncommon denominations." When I was in the Philippines this past February I had 3X 200 Peso notes which we spent 2 (saved the last which was AU). I really don't think they're all that rare (millions were printed) but I read (in an article about their Commemorative 2000 Peso) that they stopped printing them for lack of demand.

Re: the higher Euros, some shops refuse to take them. I believe they stopped printing the 500 Euro but I've seen a few 200 Euros this past fall while in Europe.

Really, IMO, when it comes to most uncommon denominations it's the users who determine their longevity.
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United States
12835 Posts
 Posted 05/12/2019  4:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I don't think there's much to $2 US notes being thought of as bad luck these days. That used to be the case decades ago, which is why many of the older ones have one or more corners torn off. Apparently tearing off a corner or two helped negate the bad luck. Now they're not used because there's no demand and no one really knows about them.
Pillar of the Community
Germany
1063 Posts
 Posted 05/13/2019  01:11 am  Show Profile   Bookmark this reply Add augsburger to your friends list
£50 in the UK is hardly ever seen. I think I saw one, once. £100, I'm not even sure if there is one, but if there is, it's never seen by normal people.
Pillar of the Community
Germany
992 Posts
 Posted 05/13/2019  02:40 am  Show Profile   Bookmark this reply Add redlock to your friends list

Quote:
How about a 100€, 200€ or 500€ ?
I was in Europe for three months in 2018, and I never saw a single example of any of these high denominations.


Which countries did you visit? Seeing the high denominations in circulation pretty much depends where you are. Generally speaking, the southern Euro countries (e.g. Spain, Italy) don't like them. Here in Germany, the €100 note is not ''rare'' in circulation. In fact, many ATMs dispense them, especially when you can choose the denominations when withdrawing money.
Rare is indeed the €200 note. The €500 is also rare in circulation because it is primarily used as ''store of value.'' But I have seen people pay with €200 and €500 notes. A rare occasion, yes. But it happens from time to time.
As there won't be a second series €500 note the ECB expects the €200 note to replace the €500 note as ''store of value.'' The ECB ordered almost one billion of the new €200 note to be printed.
The new €100 and €200 notes of the ''Europe Series'' will begin to enter circulation on May 28, 2019.


England doesn't have a £100 banknote since the end of World War Two. Scottish banks issue £100 notes. However, I don't know how common they are in Scottland.
Edited by redlock
05/13/2019 02:44 am
Pillar of the Community
United Kingdom
709 Posts
 Posted 05/13/2019  07:29 am  Show Profile   Bookmark this reply Add Anaximander to your friends list
@augsburger

There is no English £100 note. There are Scottish notes, but any Scots note is rare in England.

The English £50 is rare in circulation, I believe for two reasons. People are afraid of faked £50 notes because it is a lot to lose if your note turns out to be bogus. But mainly I think because larger transactions tend to be done via cards, and the £50 is too clumsy for small transactions.
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United States
188550 Posts
 Posted 05/13/2019  09:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
$2 aren't used b/c people believe they are rare or bad luck. So either spent at banks or tucked away and horded.
Some try to do their part...

http://goccf.com/t/283571
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United States
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Australia
16829 Posts
 Posted 05/14/2019  12:59 am  Show Profile   Bookmark this reply Add Sap to your friends list
Here in Australia, the $100 is rarely used. The only way to ontain them is over-the-counter at the banks, and some banks are now refusing to do so unless ordered in advance. The ATMs only dispense $50 and $20. Just like in America, where the $50 and $100 are rarely seen because the banks and ATMs only tend to issue $20 and under.

I suspect you will find this to be the case in most countries: their higher-denomination notes are theoretically still in use but in practice are scarce "on the street" because the banks refuse to supply them - usually out of fears of aiding and abetting money laundering, drug dealing and other organized crime. As if organized criminals were afraid of using lower-denomination notes. In truth, it's all part of the general move towards cashless society - governments are fine for minor transactiona to stay cash, but major transactions are supposed to all go electronic, where they can be properly tracked, taxed, etc.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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United States
188550 Posts
 Posted 05/14/2019  08:32 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Just like in America, where the $50 and $100 are rarely seen because the banks and ATMs only tend to issue $20 and under.
I dislike getting $100 notes here because are difficult to spend. You get looks, for sure. If the timing is right I can wait for a coin show, but I usually just deposit them at the bank.
Bedrock of the Community
Australia
21788 Posts
 Posted 05/14/2019  08:37 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I ordered over $20,000 in $100 notes, and paid cash for a car. The specialist registered dealer gave me a $3,000 discount for cash.

Interesting situation:-
I didn't have enough to pay for car insurance, so he paid that for me, with his credit card!
I reimbursed him for the insurance a week later, with another person to person payment in cash, in $100 notes.

--------------------------------------------------------------------------------------------------------------------------------------------------------
I have never made an electronic payment except via bank security systems.
When it comes to electronic security, they are much better managers than I am.

I pay all of my utilities bills at the Post Office, with $100 notes. I don't have a credit card.
I do have a debit card, but it is very rarely used, perhaps once per year.

I have almost no financial electronic footprint. I have never been scammed, because from a digital financial viewpoint, I don't exist, except for my local bank.
They are much better at managing my digital security than I am able to. It is impossible for me to be my own worst enemy, with my own financial security mismanagement.

I am hoping that the Australian Government will issue $200 notes. That hope might be in vain.
Pillar of the Community
Canada
2578 Posts
 Posted 05/14/2019  12:27 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list

Quote:
In truth, it's all part of the general move towards cashless society - governments are fine for minor transactiona to stay cash, but major transactions are supposed to all go electronic, where they can be properly tracked, taxed, etc.


- I am aligning with this position now (although I used to think this was untrue/a somewhat paranoid "conspiracy theory" in the past). The more I dig, the more things point in government/business's push for society to go cashless (due to government tracking). People find it so convenient (& love the credit cashback incentives).


Quote:
I dislike getting $100 notes here because are difficult to spend

-this used to be the case in Canada but I thought things improved after we switched to polymer. Now, I believe we'll get looks (unless it's $50) because so many people here use debit, credit rather than cash.


Quote:
paid cash for a car. The specialist registered dealer gave me a $3,000 discount for cash.
I wish that was the case here in Canada, but for the past decade, I've tried that line "how much if I pay cash?" & every single salesperson looked at me like I was daft (or told me about the discount I'd receive if I paid on their ___credit plan).


Quote:
I have almost no financial electronic footprint.

I really admire your efforts to do so "Sel_69l"
I have tried to keep mine as small as possible (by using cash) but it's been an uphill battle.
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 Posted 05/14/2019  3:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Now, I believe we'll get looks (unless it's $50) because so many people here use debit, credit rather than cash.
That is a big part of it. "Why are you using cash instead of your card for a big spend?" I admit, I look at people the same way. That bias has been embedding itself for a long time. I do feel more comfortable not having so much cash on me. I also like the buyer protections from using the card.
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United States
12835 Posts
 Posted 05/15/2019  01:32 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I suppose it varies greatly upon where you are trying to spend a $100 note but I have never had a problem spending one. They are the preferred form of currency in casinos, I've paid many a contractor in C-notes, and though I've admittedly not spent many in retail situations, as long as the counterfeit pen test passes, they don't seem to have a problem taking them (if they have change).
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