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Replies: 16 / Views: 3,054 |
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New Member
United States
43 Posts |
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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Moderator
 United States
56855 Posts |
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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New Member
 United States
43 Posts |
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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New Member
 United States
43 Posts |
Are they really not allowed to sell them to me or do they just not want to?
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Pillar of the Community
United States
1911 Posts |
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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Valued Member
United States
186 Posts |
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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New Member
 United States
43 Posts |
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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Moderator
 United States
56855 Posts |
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. John1 
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New Member
 United States
43 Posts |
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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Pillar of the Community
United States
2775 Posts |
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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New Member
 United States
43 Posts |
Thanks for the advice we will see if it works out.
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Pillar of the Community
Canada
1747 Posts |
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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Pillar of the Community
Germany
645 Posts |
They are guaranteed legal tender and significantly more valuable than face.
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Pillar of the Community
Canada
3049 Posts |
 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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New Member
 United States
43 Posts |
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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Pillar of the Community
United States
509 Posts |
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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Replies: 16 / Views: 3,054 |