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I spoke with a bank teller Friday and he shared a story with me about a regular customer (older man) who (I think weekly) comes in for $2,000 face in $1 bills. He only gets $1 bills and says he’s a collector.

Also, the teller said the customer regularly goes to 8 different banks. So that is theoretically $16,000 in $1 bills a week!

I’d love to meet this collector, and would ask him the following:

1) How long has he been doing this?
2) Has he had any luck selling the better notes that he finds?
3) What is he looking for? Star notes, fancy serial numbers, mismatched serial numbers, silver certificates, or something else?
4) Does he have a currency counter/authenticator device at home?

I sure hope he’s not some misguided poor guy who wastes a lot of time looking for a big payday that will likely never happen!
On the other hand, my wife likely thinks the same way about me and my hunt for silver halves!

10,000 notes per week is average for currency searchers. I know a few that look at several thousand a day, nearly every day.

Four primary things a currency searcher looks for: Star Notes, Fancy Serial Numbers (the list on this, alone, can be lengthy) Errors, and Obsolete Designs.

Collectors are a fickle bunch. One day everyone wants quads, the next, binaries. The pulse of the market is a hard thing to read, even on a good day.

Time for more coffee.

Making it rain at the local "Gentlemen's Club"?

Corsair wrote:Making it rain at the local "Gentlemen's Club"?

I prefer $2 bills. In the dark, they look like $20's.

Recyclersteve wrote:I spoke with a bank teller Friday and he shared a story with me about a regular customer (older man) who (I think weekly) comes in for $2,000 face in $1 bills. He only gets $1 bills and says he’s a collector.

Also, the teller said the customer regularly goes to 8 different banks. So that is theoretically $16,000 in $1 bills a week!
...

I was talking to a bank teller this morning and she shared with me a story about a regular customer (older man) who comes in weekly with $2,000 in $1 bills and asks for an exchange into 20 $100 bills. The teller says the customer regularly goes to 8 different banks too.

<just kidding>

pmbug wrote:

Recyclersteve wrote:I spoke with a bank teller Friday and he shared a story with me about a regular customer (older man) who (I think weekly) comes in for $2,000 face in $1 bills. He only gets $1 bills and says he’s a collector.

Also, the teller said the customer regularly goes to 8 different banks. So that is theoretically $16,000 in $1 bills a week!
...

I was talking to a bank teller this morning and she shared with me a story about a regular customer (older man) who comes in weekly with $2,000 in $1 bills and asks for an exchange into 20 $100 bills. The teller says the customer regularly goes to 8 different banks too.

<just kidding>

Ha!