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Replies: 13 / Views: 2,469 |
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Pillar of the Community
United States
818 Posts |
1. A store cashier uses a counterfeit pen on a 50/100 (or maybe even a smaller) bill. 2. You witness someone spending a small portrait bill (pre-1999 $5 or higher) 3. You see someone using a Coinstar machine
Now here are my opinions on these:
1. I don't like counterfeit pens, mainly because it seems like money defacement to me, and all you need to do to verify a bill is to look for the watermark and security strip. 2. In this situation, I could intervene by offering one of my own bills to trade for the old one, but that would be embarrassing, since the one time I saw that happen was at a busy concession stand. 3. I see people using the Coinstar machine all the time, but what makes me cringe are the people who take their rejects and spend them, it's possible that there were some silver coins mixed in. People who leave them though, I am perfectly fine with them using the machine since someone else who hopefully cares about money will eventually find them.
What do you guys think? Edited by Coincollector110 04/27/2015 11:54 am
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Pillar of the Community
United States
1192 Posts |
The only thing that makes me cringe is the almost 11% fee they charge. Even my bank only charges 5% to non customers.
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Pillar of the Community
United States
4897 Posts |
Honestly, non of these things bother me in the least. Coins/currency are primarily intended for commerce not collecting. As for the Coinstar fees....people pay for convenience..... business is business. Don't like it? Don't use them.... IMHO
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Pillar of the Community
United States
9395 Posts |
Regarding number 2:
I already have a few small-portrait bills in fairly good condition saved away, so I'd go ahead and spend any average-condition small-portrait bill that comes my way. I suppose I'd hesitate a bit more, if the bill was in great shape.
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Valued Member
United States
105 Posts |
What bothers me about #1 is that people are misled to believe that it's a catch-all for counterfeit bills.
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Pillar of the Community
United States
807 Posts |
What's the deal with not spending pre-redesign currency? I mean, I wound up with a lot of notes which my grandfather had stashed around the house, cleaning the place out when he moved. I offered them here on CCF if anyone wanted to pay anything over face+postage, & had I think one taker. So I put them back into circulation. Maybe somebody else saved them out as a keepsake.
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Pillar of the Community
 United States
1949 Posts |
Quote: Honestly, non of these things bother me in the least. Coins/currency are primarily intended for commerce not collecting. As for the Coinstar fees....people pay for convenience..... business is business. Don't like it? Don't use them.... IMHO Could not agree more!
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Pillar of the Community
United States
1788 Posts |
I feel weird looking under coin counting machines like coinstar. All the ones around me are right near customer service.
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Pillar of the Community
United States
742 Posts |
At the grocery store last night there were two silver dimes, two Canadian nickels, a Singapore cent, a 2 eurocent, an old Belgian coin and an elongated cent from Sea World in the reject bin of the Coinstar machine.
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Pillar of the Community
United States
4932 Posts |
In regards to #2, I've seen several old people at my local supermarket spend older bills. If I can recall correctly, I've seen a 1996 $20, a pre-1996 $20 and a pre-1996 $50, along with I think I saw a glimpse of a 1995 $5.
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Pillar of the Community
 United States
818 Posts |
1996-2001 $20 bills are pretty significant, but not worthy enough to stand out a lot. I rarely see the non-colorized 20's anymore, but still see the non-colorized $10 and $5 bills getting spent fairly frequently. I wonder how a conscientious clerk would verify the authenticity of a small portrait 50 or 100, since they can't use the watermarks or security strips or any of that. Some people take 50's without blinking, but others inspect them before accepting them, which is the reason why I only make purchases with $20 bills and smaller.
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Pillar of the Community
United States
2233 Posts |
Quote: 1. I don't like counterfeit pens, mainly because it seems like money defacement to me, and all you need to do to verify a bill is to look for the watermark and security strip. Especially since a bleached bill (a bill that was changed from a $5 to a $100) can pass the pen test.
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Pillar of the Community
 United States
818 Posts |
I can't agree with you more. I told my coworkers, and all but one took my advice, I guess he'll learn the hard way when a bleached 5 does come his way.
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Pillar of the Community
United States
7390 Posts |
Quote: Especially since a bleached bill (a bill that was changed from a $5 to a $100) can pass the pen test. And double especially that that is the most common form of counterfiting hi dollar notes. As for everything else I fully agree with amida!
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Replies: 13 / Views: 2,469 |
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