Does anyone think if you put your special initials on a dollar at a young age and pay for something ......you may possibly get it back when your 80 years old or older and actually remember......"hey, that was my dollar! " ?
Did this happen to anyone?
2007-11-27 02:48:08 · 16 answers · asked by taniaess 5 in Business & Finance ➔ Other - Business & Finance
Most paper currency has a limited life in circulation and the banks withdraw the notes when they start to get tatty - probably less than 10 years.
2007-11-27 02:51:30 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The chances are not entirely impossible, however as money is used it becomes whithered and torn. Banks, as they receive money, will tend to whittle out the old money and send it back to their correspondant as "multilated money". This money is taken out of circulation and destroyed.
Also new plates are being made all the time to discourage counterfitters. Sooner or later a new design of $1 will be made or the $1 will be discontinued. The new $1 coin introduced a few years ago was supposed to gradually replace the $1 paper bill. Debit cards or plastic is the more likely to make the $1 bill obsolete. People are finding it easier to use plastic instead of trying to get cash from the bank at an ATM or from a teller because their paycheck deposits are being made by EFT.
The question is when you're 80 something are you going to remember you marked the bill?
2007-11-27 10:56:14 · answer #2 · answered by christyo58 3 · 0⤊ 0⤋
I think dollars go out of circulation and don't have a life of 80 years. But I bet there's a chance if you pay for something it a town, you may see the bill again in a few weeks or a month
2007-11-27 10:51:51 · answer #3 · answered by Doubledown 2 · 0⤊ 1⤋
I won $170 at a high school party one time (everybody'd put their names on them and two dollars were drawn from the pile to determine who got the money). Well, a few years later I wound up getting, not the dollar with my name, but one of the dollars that one of my classmates had put in. It was pretty wild. It's possible, just not real likely.
2007-11-27 10:52:13 · answer #4 · answered by gilgamesh 6 · 1⤊ 0⤋
I never thought to do that. I suppose it's possible, but really - I don't think It's likely.
That would be fun if that happened though - when your old and grey; remembering that dollar, and what you bought with it too!
I think I'll do that just for fun. I'm not quite young anymore - but it's worth a try!
Peace!
2007-11-27 10:53:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Not likely. Unless you live in a tiny town. A dollar you spend in Walmart today maybe a thousand miles away next week. The chances of this happening are near zero.
2007-11-27 10:58:14 · answer #6 · answered by Kaori 5 · 0⤊ 0⤋
Not very likely....dollars wear out and are destroyed after a fairly short life. So unless someone put that particular dollar away where it wasn't circulated around it wouldn't be likely to happen.
2007-11-27 10:55:24 · answer #7 · answered by lssm37 2 · 0⤊ 0⤋
I don't believe so because money is disposed of and replaced with new currency over time. That's why you probably won't see the twenty-dollar bill from a few years ago in about another year when they've all been recirculated and disposed.
2007-11-27 10:52:35 · answer #8 · answered by clint 5 · 0⤊ 0⤋
Depending on the state of the bill , it may get back to you but most "old dollars" are taken out of circulation, destroyed and replaced with new issue.
2007-11-27 10:52:23 · answer #9 · answered by rusty 3 · 0⤊ 0⤋
No that hasn't happened to me....I think the odds are too great, but theres always coincidence. Theres a lot of bills out there that have a public self stamp on them with a web site attachment so you can track that bill and find out where it has been. Dont remember the site name though...sorry.
2007-11-27 10:51:55 · answer #10 · answered by HarleyD 3 · 0⤊ 0⤋