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Uncommon Circulation Notes List

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trikdoutcobalt's Avatar
Canada
117 Posts
 Posted 05/11/2019  9:28 pm Show Profile   Bookmark this topic Add trikdoutcobalt to your friends list Get a Link to this Message Number of Subscribers
Can we start a list of some banknotes that are issued, but rarely used in daily circulation? This topic fascinates me and I wonder if anybody else is also interested. Also, if anybody knows why they are not generally used, let's mention why :)

Off the top of my head I can think of:

Philippines 200 Peso
USA 2 Dollar
Taiwan 200/2000 NT
Edited by trikdoutcobalt
05/12/2019 4:07 pm
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GrapeCollects's Avatar
United States
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 Posted 05/11/2019  9:44 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
$2 aren't used b/c people believe they are rare or bad luck. So either spent at banks or tucked away and horded.
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trikdoutcobalt's Avatar
Canada
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 Posted 05/11/2019  10:03 pm  Show Profile   Bookmark this reply Add trikdoutcobalt to your friends list Get a Link to this Reply
Yeah, whenever I go down to the states I try to find a bank and go ask for a few $2's to spend and get all the weird looks when asking for and spending them. Keeps things interesting. That's why I'm wondering what it's like in other countries with similar 'issues'.
New Member
United States
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 Posted 05/12/2019  02:17 am  Show Profile   Bookmark this reply Add Rosebuds2 to your friends list Get a Link to this Reply
The recycling center near my house always has 2$ in stock, idk why tho
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John1's Avatar
United States
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 Posted 05/12/2019  04:54 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF Rosebuds2.
John1
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/12/2019  06:50 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
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.
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NumisRob's Avatar
United Kingdom
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 Posted 05/12/2019  07:46 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply

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.
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trikdoutcobalt's Avatar
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 Posted 05/12/2019  09:38 am  Show Profile   Bookmark this reply Add trikdoutcobalt to your friends list Get a Link to this Reply
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.
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walk2dwater's Avatar
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 Posted 05/12/2019  4:00 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
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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CelticKnot's Avatar
United States
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 Posted 05/12/2019  4:55 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
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.
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augsburger's Avatar
Germany
1063 Posts
 Posted 05/13/2019  01:11 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
£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.
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redlock's Avatar
Germany
992 Posts
 Posted 05/13/2019  02:40 am  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply

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
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Anaximander's Avatar
United Kingdom
709 Posts
 Posted 05/13/2019  07:29 am  Show Profile   Bookmark this reply Add Anaximander to your friends list Get a Link to this Reply
@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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jbuck's Avatar
United States
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 Posted 05/13/2019  09:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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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jbuck's Avatar
United States
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Sap's Avatar
Australia
16809 Posts
 Posted 05/14/2019  12:59 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
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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