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A Bank By Me Has 500 And 1000 Dollar Bills.

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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  08:41 am Show Profile   Bookmark this topic Add 1922dubledie to your friends list Get a Link to this Message Number of Subscribers
The bank won't let me exchange them or buy them because they say there not legal tender. Is there anyway I can work around this so I can get them? If anyone has had this problem before let me know. Any comments will be greatly appreciated. Thanks
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John1's Avatar
United States
56855 Posts
 Posted 05/22/2015  08:44 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I think they are legal tender. They are required to turn them into be shredded,but if you know someone at the bank they can sell them to you.
John1
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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  08:52 am  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
I do know someone but he said that there not allowed to sell them to me. Is there some legal tender act that I can use to fight this? They have a couple 1000 bills
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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  09:06 am  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
Are they really not allowed to sell them to me or do they just not want to?
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 05/22/2015  09:21 am  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
From everything I heard I thought they were required to destroy them once they got a hold of them... I suggest groveling but I don't think even that will work unfortunately. Quite a bummer :/
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snowman24's Avatar
United States
186 Posts
 Posted 05/22/2015  09:23 am  Show Profile   Bookmark this reply Add snowman24 to your friends list Get a Link to this Reply
maybe you can bribe them with candy or something... this is where you have to get to know your teller real good. I believe there is a law where is when the banks gets these...they are required to send them feds to get destroyed... its kinda like speeding in your car ..just don't get caught by the police..maybe the bank thinks that giving them out is more risk than giving them to you ... from a collectors point they are worth a lot more than face value.

I tried to get one of these before and was told the same story kinda like yours but this was my friends bank and he didn't have the extra cash to get one..they said "NO"
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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  09:32 am  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
Ya they don't want to get ride of them becuase they think there cool they have over 75000 dollars worth of them that is a fortune to collectors. They might even have some gold or silver certificates this is a real problem.
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John1's Avatar
United States
56855 Posts
 Posted 05/22/2015  09:34 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
They are not worth a lot more then face unless it's special in some way,SN low rum certain signatures. Check ebay sold for values.
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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  09:37 am  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
All 500 and 1000 dollar bills on ebay go form 250 to 1000 over face value and if they are special a lot more then that.
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Halo1st's Avatar
United States
2775 Posts
 Posted 05/22/2015  09:57 am  Show Profile   Bookmark this reply Add Halo1st to your friends list Get a Link to this Reply
Bribing (flowers and candy) may work on tellers, but don't get your hopes up or upset. They have to follow protocol or guide lines of the (employer) bank.

Recommend not using the term "buy". This is a bank and not a dealer. I would rather use the term "exchange for legal tender" notes.

Last ditch effort may try contacting and or reasoning with bank president or VP with a honest explanation of trying to preserve history.

Keep in mind someone from within maybe trying to do the same and would surely get priority over the general public. Just a rookies thoughts. Thanks, Doug.
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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  10:03 am  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
Thanks for the advice we will see if it works out.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 05/22/2015  11:59 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
the key is prior to them getting the goods, you need to be in their good graces, so that they automatically think of you when something like this comes in. its hard after the fact to try and win them over.

I have good success, as you may have seen, however a while ago, I decided to really work this, almost like a second job. I am at banks every day (yes even sunday) so I see the same people week after week, telling them stories about this or that find.

Good luck with your attempts.
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hajduk's Avatar
Germany
645 Posts
 Posted 05/22/2015  12:14 pm  Show Profile   Bookmark this reply Add hajduk to your friends list Get a Link to this Reply
They are guaranteed legal tender and significantly more valuable than face.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 05/22/2015  12:20 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply


The leg work for this had to have been done prior...

You must build a relationship with the banks you work with... and find that "honey hole" of a bank that will be happy to bend over backwards for you, getting you what you want and what you need ...

Pushing this issue at the bank further will probably NOT get you in their good books but frequent visits and being professional and courteous will go a long way... I now have 3 banks that call me when they have interesting things that come in... A friend of mine gets a call any time they get new notes in (bricks) and he's allow to go through them all and pick/exchange any note he wants.

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1922dubledie's Avatar
United States
43 Posts
 Posted 05/22/2015  1:18 pm  Show Profile   Bookmark this reply Add 1922dubledie to your friends list Get a Link to this Reply
Thanks again and I have been doing exactly what you have suggested since I was 10 and I know it works we'll .
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CLS12's Avatar
United States
509 Posts
 Posted 05/22/2015  2:43 pm  Show Profile   Bookmark this reply Add CLS12 to your friends list Get a Link to this Reply
How do you know they have them? Did you ask or were they displaying them?/would be kind of strange if you just saw a stack of them in tellers tray. Not sure how you'd go about it, was someone turning them in while you were there? It would be mean if the teller was just flaunting them in front of you knowing you were a collector and saying sorry you can't have one.
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