| Author |
 Replies: 11 / Views: 3,015 |
|
|
Valued Member
United States
264 Posts |
My bank teller friend that moved away emailed me this morning. She was wanting to know about the $1000 note. I told her they are still legal tender but no longer in production. Mostly the notes were used for bank to bank transfers and such. Anyways her boyfriend wants one it seems. I think he is looking for a conversational piece and not a numastic item. Don't think he is into coin / currency collecting. Other then ebay are there any valid currency dealers? I told her to check with the bank she works at first or the FED for the notes. Other then that I would look into some dealers for her. Suggestions? |
|
|
|
Rest in Peace
United States
2668 Posts |
Print off a copy............  |
|
Valued Member
 United States
264 Posts |
Lol - I would have to do that. Actually I use my 10,000 peso notes or such for that. This guy wants the real thing.
|
|
Bedrock of the Community
United States
12437 Posts |
Heritage or Lyn Knight would be my recommendations. Too bad you didn't know sooner- Heritage hammered several of them in the $2000 range at the September Long Beach show.
|
|
Pillar of the Community
United States
535 Posts |
I think the FED shreds them. I don't think they'll reissue them.
|
|
Bedrock of the Community
United States
12437 Posts |
Yep, the end destination for any high denomination bill turned into a bank is either being purchased by a bank employee or turned into the Fed for shredding.
|
|
Valued Member
Canada
122 Posts |
|
|
Pillar of the Community
United States
2589 Posts |
i once got a call from the bank I work at telling me that a woman was depositing a thousand dollar bill and to get their as soon as possible if I wanted it, I rushed their only to find out that the bill had been fake and that the woman had been turned away.
|
|
Pillar of the Community
United States
3098 Posts |
Quote:
SHREDDING? Blasphemy!
No, seriously. It's true. Like with all non-circulating and unfit for circulation banknotes, the Fed shreds them and burn them. Also, didn't the Canadians have a $1000 pinkie that was still circulating during the 80s? I guess you would have a much easier time getting the Canadian ones than the US ones. |
|
Pillar of the Community
Canada
1082 Posts |
Actually, our $1000 bill was in circulation up into the late 90s. If you wanted one, you would usually have to order it through a bank, because the banks didn't really keep them on hand. A lot of groups holding raffles of any size would offer one as their grand prize.
However, the most typical use for the $1000 bill was by drug traffickers and money launderers, and that is why they quit printing them.
|
|
Valued Member
United States
115 Posts |
You might try David Lawrence Rare Coins also. I know they deal in some paper money. Good luck on your search.
|
|
Valued Member
United States
198 Posts |
Believe it or not... I have seen a few $1000 notes at our coin shows.  Not that I could afford one just to put in my display case.  Edited by ragpicker
11/20/2008 3:26 pm
|
| |
Replies: 11 / Views: 3,015 |
|
Posted 10/06/2008 8:48 pm
