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You people and your f%#@*&^ plastic. William McKinley, GroverCleveland, James Madison, and Salmon P. Chase, where are you when we needyou?!



 
 
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  #11  
Old October 19th 09, 04:04 AM posted to rec.collecting.coins
Drago the Wolf
external usenet poster
 
Posts: 92
Default You people and your f%#@*&^ plastic. William McKinley, GroverCleveland, James Madison, and Salmon P. Chase, where are you when we needyou?!


Bringing back those large denomination bills actually might stimulate the
economy as retired or unemployed counterfeiters will find it profitable to
return to work again. *If Obama continues to hand out $250 stimuli to
struggling groups in our society, there might be a use for a $250 bill
before the bigger ones are printed.- Hide quoted text -

- Show quoted text -


Make that a $200 bill. NO $250 bills, please. Too odd of a
denomination. (But this is coming from someone who would actually
favor the Treasury to ressurrect the plans they orginally had, to
print $3 bills when the U.S. government first started issuing
currency. The plans for $3 bills somehow got dropped. Wonder why?
Someone here did say that horse tracks would love $3 bills to raise
their minimum $2 bet to a $3 bet. But, yeah $3 bills would have
awesome)

Ads
  #12  
Old October 19th 09, 04:14 AM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!

Drago the Wolf wrote:
Bringing back those large denomination bills actually might
stimulate the economy as retired or unemployed counterfeiters will
find it profitable to return to work again. If Obama continues to
hand out $250 stimuli to struggling groups in our society, there
might be a use for a $250 bill before the bigger ones are printed.-
Hide quoted text -

- Show quoted text -


Make that a $200 bill. NO $250 bills, please. Too odd of a
denomination. (But this is coming from someone who would actually
favor the Treasury to ressurrect the plans they orginally had, to
print $3 bills when the U.S. government first started issuing
currency. The plans for $3 bills somehow got dropped. Wonder why?
Someone here did say that horse tracks would love $3 bills to raise
their minimum $2 bet to a $3 bet. But, yeah $3 bills would have
awesome)


The idea that a denomination of 25 of anything is "too odd" goes back at
least as far as Jefferson, who observed that the quarter dollar is not
really a proper decimal unit. As I'm sure you know, the quarter won out
over his scientific objections, as it was intended to circulate at par with
the Spanish 2 reales.

James the Moneychanger


  #13  
Old October 19th 09, 04:15 AM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!

Bruce Remick wrote:
"Drago the Wolf" wrote in message
...



Also, the game show "Let's Mak A Deal" is back on the air, so we now
need new $200, $500, $1,000, $5,000, $10,000 bills, and let's add
$200 and $2,000 bills with it so that the new show can be the same
as the old version where they were actually giving out large bills
as prizes (I've seen a $5,000 bill being offered on the old Let's
Make A Deal, and the host said that the bank told him "Take good
care of that $5,000 bill. Its the only one on this side of the
country") And serioulsy, wouldn't it be exciting to go on a game
show and win a $10,000 bill? I sure would love it.


You're right. The return of Let's Make a Deal is one factor I hadn't
considered that should tip the balance toward reissue of $5,000 and
$10,000
bills. I'll wait here while you compose another letter.



The "Let's Make a Deal" part was actually a joke. I just said it to
see what other people would say. I know its no good reason to bring
back big bills.
_____________

Bringing back those large denomination bills actually might stimulate
the economy as retired or unemployed counterfeiters will find it
profitable to return to work again. If Obama continues to hand out
$250 stimuli to struggling groups in our society, there might be a
use for a $250 bill before the bigger ones are printed.


I'm struggling, and I haven't seen a $250 Obama stimulus check in my
mailbox. What do I have to do to get mine?

James the Destitute


  #14  
Old October 19th 09, 04:41 AM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!


"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
Bruce Remick wrote:
"Drago the Wolf" wrote in message
...



Also, the game show "Let's Mak A Deal" is back on the air, so we now
need new $200, $500, $1,000, $5,000, $10,000 bills, and let's add
$200 and $2,000 bills with it so that the new show can be the same
as the old version where they were actually giving out large bills
as prizes (I've seen a $5,000 bill being offered on the old Let's
Make A Deal, and the host said that the bank told him "Take good
care of that $5,000 bill. Its the only one on this side of the
country") And serioulsy, wouldn't it be exciting to go on a game
show and win a $10,000 bill? I sure would love it.

You're right. The return of Let's Make a Deal is one factor I hadn't
considered that should tip the balance toward reissue of $5,000 and
$10,000
bills. I'll wait here while you compose another letter.



The "Let's Make a Deal" part was actually a joke. I just said it to
see what other people would say. I know its no good reason to bring
back big bills.
_____________

Bringing back those large denomination bills actually might stimulate
the economy as retired or unemployed counterfeiters will find it
profitable to return to work again. If Obama continues to hand out
$250 stimuli to struggling groups in our society, there might be a
use for a $250 bill before the bigger ones are printed.


I'm struggling, and I haven't seen a $250 Obama stimulus check in my
mailbox. What do I have to do to get mine?


Hey, I thought I was supposed to get one earlier this year, along with
everybody else who didn't earn too much. My wife did (Social Security), but
this federal retiree never did. I did read something about a possible tax
credit for those in my situation, but I'll believe that when the tax forms
come out. Now I see that President Obama beileves that govt employees and
SS retirees should receive another $250 stimulus to compensate for the fact
that no COL raise will be necessary in 2010. Sorry, you lucky private
sector folks apparently have no need for such a handout. I suspect the
money to pay for all this will come from "eliminating fraud and waste",
something no one apparentlybothers with until a large sum of money is needed
for something.




  #15  
Old October 19th 09, 10:34 AM posted to rec.collecting.coins
note.boy
external usenet poster
 
Posts: 2,418
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!


"Bruce Remick" wrote in message
...

"Peter" wrote in message
...
On Oct 18, 8:11 pm, "Bruce Remick" wrote:

If you can document a significant public demand for a return to large
denomination bills, write your representative if you feel so strongly
about
it.


Almost any bank in Europe will freely distribute banknotes up to 500
Euros. I suspect that this property is one that helps make Euros more
valuable than dollars just now. Note that Europe's problems with
counterfeits are significant and most shops will not accept anything
over 100, and many are reluctant to take anything over 50.
\______________

I read here that there have been some concern in Great Britain with
counterfeiting of popular UK £1 coins. We have inadvertantly avoided that
problem here in the US by producing dollar coins that don't circulate.


There are many millions of counterfeit £1 coins in circulation in the UK but
I seldom spot one so they are either very good fakes or the % of them is too
low to make getting one a regular occurrence.

Having those fakes in circulation is still better than printing many
millions of £1 notes each year at enormous cost.

The Royal Bank of Scotland has not printed £1 notes for several years as
they still have a few million unissued from the last print run, they will
probably never print £1 notes again, I'm looking out for notes of the last
ever prefix but it may be years before they are released into circulation.
Billy


  #16  
Old October 19th 09, 02:17 PM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!


"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"Peter" wrote in message
...
On Oct 18, 8:11 pm, "Bruce Remick" wrote:

If you can document a significant public demand for a return to large
denomination bills, write your representative if you feel so strongly
about
it.


Almost any bank in Europe will freely distribute banknotes up to 500
Euros. I suspect that this property is one that helps make Euros more
valuable than dollars just now. Note that Europe's problems with
counterfeits are significant and most shops will not accept anything
over 100, and many are reluctant to take anything over 50.
\______________

I read here that there have been some concern in Great Britain with
counterfeiting of popular UK £1 coins. We have inadvertantly avoided
that problem here in the US by producing dollar coins that don't
circulate.


There are many millions of counterfeit £1 coins in circulation in the UK
but I seldom spot one so they are either very good fakes or the % of them
is too low to make getting one a regular occurrence.


How about the £2 coins? I presume they are being counterfeited, too.


Having those fakes in circulation is still better than printing many
millions of £1 notes each year at enormous cost.


If there is an occasional need to print £1 notes it is probably because they
still are being used and are wearing out. When there is no need for new
ones, the public apparently will have totally accepted the coin-- legal
and/or counterfeit. Maybe the government could save even more money by
eliminating £1 coin production altogether and letting the counterfeiters
bear all the cost.


The Royal Bank of Scotland has not printed £1 notes for several years as
they still have a few million unissued from the last print run, they will
probably never print £1 notes again, I'm looking out for notes of the last
ever prefix but it may be years before they are released into circulation.
Billy


Sounds a lot like our $2 notes.





  #17  
Old October 19th 09, 03:46 PM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!

Bruce Remick wrote:
"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"Peter" wrote in message
...
On Oct 18, 8:11 pm, "Bruce Remick" wrote:

If you can document a significant public demand for a return to
large denomination bills, write your representative if you feel so
strongly about
it.

Almost any bank in Europe will freely distribute banknotes up to 500
Euros. I suspect that this property is one that helps make Euros
more valuable than dollars just now. Note that Europe's problems
with counterfeits are significant and most shops will not accept
anything over 100, and many are reluctant to take anything over 50.
\______________

I read here that there have been some concern in Great Britain with
counterfeiting of popular UK £1 coins. We have inadvertantly
avoided that problem here in the US by producing dollar coins that
don't circulate.


There are many millions of counterfeit £1 coins in circulation in
the UK but I seldom spot one so they are either very good fakes or
the % of them is too low to make getting one a regular occurrence.


How about the £2 coins? I presume they are being counterfeited, too.


Having those fakes in circulation is still better than printing many
millions of £1 notes each year at enormous cost.


If there is an occasional need to print £1 notes it is probably
because they still are being used and are wearing out. When there is
no need for new ones, the public apparently will have totally
accepted the coin-- legal and/or counterfeit. Maybe the government
could save even more money by eliminating £1 coin production
altogether and letting the counterfeiters bear all the cost.


The Royal Bank of Scotland has not printed £1 notes for several
years as they still have a few million unissued from the last print
run, they will probably never print £1 notes again, I'm looking out
for notes of the last ever prefix but it may be years before they
are released into circulation. Billy


Sounds a lot like our $2 notes.


There are those who would say that even the government-issued coins are
counterfeits, inasmuch as they are backed by nothing other than the
government's good name and reputation.

James the Libertarian


  #18  
Old October 19th 09, 05:46 PM posted to rec.collecting.coins
Bruce Remick
external usenet poster
 
Posts: 3,391
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!


"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
Bruce Remick wrote:
"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"Peter" wrote in message
...
On Oct 18, 8:11 pm, "Bruce Remick" wrote:

If you can document a significant public demand for a return to
large denomination bills, write your representative if you feel so
strongly about
it.

Almost any bank in Europe will freely distribute banknotes up to 500
Euros. I suspect that this property is one that helps make Euros
more valuable than dollars just now. Note that Europe's problems
with counterfeits are significant and most shops will not accept
anything over 100, and many are reluctant to take anything over 50.
\______________

I read here that there have been some concern in Great Britain with
counterfeiting of popular UK £1 coins. We have inadvertantly
avoided that problem here in the US by producing dollar coins that
don't circulate.


There are many millions of counterfeit £1 coins in circulation in
the UK but I seldom spot one so they are either very good fakes or
the % of them is too low to make getting one a regular occurrence.


How about the £2 coins? I presume they are being counterfeited, too.


Having those fakes in circulation is still better than printing many
millions of £1 notes each year at enormous cost.


If there is an occasional need to print £1 notes it is probably
because they still are being used and are wearing out. When there is
no need for new ones, the public apparently will have totally
accepted the coin-- legal and/or counterfeit. Maybe the government
could save even more money by eliminating £1 coin production
altogether and letting the counterfeiters bear all the cost.


The Royal Bank of Scotland has not printed £1 notes for several
years as they still have a few million unissued from the last print
run, they will probably never print £1 notes again, I'm looking out
for notes of the last ever prefix but it may be years before they
are released into circulation. Billy


Sounds a lot like our $2 notes.


There are those who would say that even the government-issued coins are
counterfeits, inasmuch as they are backed by nothing other than the
government's good name and reputation.

James the Libertarian


It does make some sort of perverse sense then to let willing counterfeiters
incur all the cost of making coins, especially the large denominations.
Like you point out, they aren't backed by anything (the coins) either way.
Error collectors would be in hog heaven.





  #19  
Old October 19th 09, 05:48 PM posted to rec.collecting.coins
Peter[_6_]
external usenet poster
 
Posts: 401
Default You people and your f%#@*&^ plastic. William McKinley, GroverCleveland, James Madison, and Salmon P. Chase, where are you when we needyou?!

On Oct 19, 10:46*am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com
wrote:
Bruce Remick wrote:
"note.boy" wrote in message
...


"Bruce Remick" wrote in message
...


"Peter" wrote in message
....
On Oct 18, 8:11 pm, "Bruce Remick" wrote:


If you can document a significant public demand for a return to
large denomination bills, write your representative if you feel so
strongly about
it.


Almost any bank in Europe will freely distribute banknotes up to 500
Euros. *I suspect that this property is one that helps make Euros
more valuable than dollars just now. *Note that Europe's problems
with counterfeits are significant and most shops will not accept
anything over 100, and many are reluctant to take anything over 50.
\______________


I read here that there have been some concern in Great Britain with
counterfeiting of popular UK £1 coins. *We have inadvertantly
avoided that problem here in the US by producing dollar coins that
don't circulate.


There are many millions of counterfeit £1 coins in circulation in
the UK but I seldom spot one so they are either very good fakes or
the % of them is too low to make getting one a regular occurrence.


How about the £2 coins? *I presume they are being counterfeited, too.


Having those fakes in circulation is still better than printing many
millions of £1 notes each year at enormous cost.


If there is an occasional need to print £1 notes it is probably
because they still are being used and are wearing out. *When there is
no need for new ones, the public apparently will have totally
accepted the coin-- legal and/or counterfeit. *Maybe the government
could save even more money by eliminating £1 coin production
altogether and letting the counterfeiters bear all the cost.


The Royal Bank of Scotland has not printed £1 notes for several
years as they still have a few million unissued from the last print
run, they will probably never print £1 notes again, I'm looking out
for notes of the last ever prefix but it may be years before they
are released into circulation. Billy


Sounds a lot like our $2 notes.


There are those who would say that even the government-issued coins are
counterfeits, inasmuch as they are backed by nothing other than the
government's good name and reputation.

James the Libertarian- Hide quoted text -

- Show quoted text -


Last I checked, nickels were trading at close to par (i.e., the metal
was worth around 5 cents). Not sure that this leads to a practical
strategy, even so.
  #20  
Old October 19th 09, 05:56 PM posted to rec.collecting.coins
Mr. Jaggers
external usenet poster
 
Posts: 5,523
Default You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!

Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
Bruce Remick wrote:
"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"Peter" wrote in message
...
On Oct 18, 8:11 pm, "Bruce Remick" wrote:

If you can document a significant public demand for a return to
large denomination bills, write your representative if you feel
so strongly about
it.

Almost any bank in Europe will freely distribute banknotes up to
500 Euros. I suspect that this property is one that helps make
Euros more valuable than dollars just now. Note that Europe's
problems with counterfeits are significant and most shops will
not accept anything over 100, and many are reluctant to take
anything over 50. \______________

I read here that there have been some concern in Great Britain
with counterfeiting of popular UK £1 coins. We have inadvertantly
avoided that problem here in the US by producing dollar coins that
don't circulate.


There are many millions of counterfeit £1 coins in circulation in
the UK but I seldom spot one so they are either very good fakes or
the % of them is too low to make getting one a regular occurrence.

How about the £2 coins? I presume they are being counterfeited,
too.

Having those fakes in circulation is still better than printing
many millions of £1 notes each year at enormous cost.

If there is an occasional need to print £1 notes it is probably
because they still are being used and are wearing out. When there
is no need for new ones, the public apparently will have totally
accepted the coin-- legal and/or counterfeit. Maybe the government
could save even more money by eliminating £1 coin production
altogether and letting the counterfeiters bear all the cost.


The Royal Bank of Scotland has not printed £1 notes for several
years as they still have a few million unissued from the last print
run, they will probably never print £1 notes again, I'm looking out
for notes of the last ever prefix but it may be years before they
are released into circulation. Billy

Sounds a lot like our $2 notes.


There are those who would say that even the government-issued coins
are counterfeits, inasmuch as they are backed by nothing other than
the government's good name and reputation.

James the Libertarian


It does make some sort of perverse sense then to let willing
counterfeiters incur all the cost of making coins, especially the
large denominations. Like you point out, they aren't backed by
anything (the coins) either way. Error collectors would be in hog
heaven.


Somehow even my threadbare notions of morality have a problem with that.
Even though it's pure fantasy on my part, I still like to think that a
copper-plated Zincoln cent can trace its ancestry back to the guys that made
the '93 chain AMERI.

James the Copperhead


 




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