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How can we tell what a $20.00 bill looks like from 1954, and how can we prove this came from the banks ATM when a withdrawl was made

2006-07-08 08:55:54 · 14 answers · asked by susieQ 1 in Business & Finance Personal Finance

14 answers

If it says silver certificate keep it, it's worth alot of money. The banks go through the money before it goes into an ATM so it's probably not fake. Take it to a coin dealer and they can tell you what it's worth. Don't take it to a bank because they will want to buy it back so it can be destroyed.

2006-07-08 09:10:26 · answer #1 · answered by unicornfarie1 6 · 3 2

The question has a problem on its face: Banks are supposed to remove
older currency and return them to the Fed which then destroys them.

In short, no bank should ever give you an old bill. Others might, such
as a storekeeper, etc, but anything that has been "processed" (not just
into a change drawer and out again) in a bank should have old bills
removed.

It is therefore extremely unlikely that this came from a legitimate ATM.

Also, remember that ATMs ultimately are operated by banks. Indeed,
even if they weren't, the people who stock the machines would want
the currency to be new so that it wouldn't fold in funny ways when
it came out. The crispness of the bill makes it easier to mechanize
the process.

Of course, you can imagine a crisp 1954 20 dollar bill simply having sat
in someone's piggy bank for the last 50 years, but again, it would be against
bank regulations.

2006-07-08 09:02:20 · answer #2 · answered by Elana 7 · 0 0

Do you know for sure that it is counterfeit or are you speculating, a $20..00 bill from 1954 will look much different from today's bills and if it is real regardless of the shape that it is in it will be worth at least $20.00 maybe more.

2006-07-08 09:02:02 · answer #3 · answered by Anonymous · 0 0

Just spend it to pass on the buck. If you turn it into police or the bank, they will not give you the $20.00 back so go ahead and spend it somewhere. Usually convienence store clerks don't know what they look like anyways as they are usually hispanic and black and not that smart to figure out if something is counterfeit.

2006-07-08 08:58:30 · answer #4 · answered by skifaster66 2 · 0 0

Such action could take the form of an act of Congress signed by the President or a court determination that the original act inserting the phrase was unconstitutional. Such a case would primarily be based on the Establishment or Free Exercise Clause of the First Amendment. Because "under God" does not tend to establish the pracitce of any one religion or constitute the government's endorsement of any one religion, or force any person to practice any one religion, I believe such a case is unlikely. That was tried in the Ninth Circuit Court of Appeals in about 2004 or 2005, and I think the guy who brought that case is still trying to make a case out of it.

2016-03-26 21:47:19 · answer #5 · answered by Anonymous · 0 0

I'm wondering why you think it's counterfeit. You could take the bill along with the ATM receipt to the bank and tell them of your concern.

2006-07-08 09:00:16 · answer #6 · answered by Tia 3 · 0 0

You are making a very big deal for such a small amount.

How much time are you investing in this thing?

If you wash dishes at any restaurant you will have your $20.00 back in 4 hours.

2006-07-08 17:25:29 · answer #7 · answered by Anonymous · 0 0

Quote" Usually convienence store clerks don't know what they look like anyways as they are usually hispanic and black and not that smart to figure out if something is counterfeit. "

I think this is not quite nice of you telling this. I'm lost of words to describe you.

2006-07-08 15:11:45 · answer #8 · answered by mik00725 1 · 0 0

Go to the bank AND the police

2006-07-08 08:58:42 · answer #9 · answered by Anonymous · 0 0

Go to the bank and report it. They have cams that watch the ATM, they also have records of all tranactions.

2006-07-08 08:57:34 · answer #10 · answered by DutchApplePie 4 · 0 0

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