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I heard that they are no longer making that circulation of money and that is worth more than face value? It sounds kinda silly to me. does Anyone know if this is true or not?

2007-02-22 00:25:29 · 2 answers · asked by amber_rose_1022 1 in Business & Finance Personal Finance

2 answers

Yes, $100 and $50 bills are still being produced. Pre-1996 notes are the older design and lack the mylar thread imbedded in the paper and the watermark that are on current notes.
They are still fairly common, and unless they are uncirculated, I would say they are still worth only face value.

Here in the San Diego / Tijuana area, many merchants and currency exchanges are reluctant to accept them because they lack the modern anti-counterfeiting features, and they are much easier to fake.

2007-02-25 13:57:37 · answer #1 · answered by F. Frederick Skitty 7 · 0 0

I am pretty sure that they still make 50 and 100 dollar bills.

HOWEVER... if you can find a penny from before 1983, they were made with 95% copper, unlike today's pennies which are mostly zinc. A penny made from copper is worth about 2 cents in terms of the metal. So if you collected enough pennies you could sell them for a profit.. of course... destroying money is illegal.

2007-02-22 09:14:27 · answer #2 · answered by Louis G 6 · 0 0

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