Payment as phony as, well, a $200 bill (GW Bush has his own bill now)

News and Observer ^ | September 10, 2003 | The Associated Press

[mykdsmom]

ROANOKE RAPIDS -- Police are searching for a man who paid for $150 in groceries at a Food Lion grocery store with a $200 bill.

The man walked out of the store with his groceries and $50 in change before the fake bill was discovered Sept. 6.

The bogus bill -- the U.S. Mint does not print a $200 bill -- bore the image of President Bush on the front and had the White House on the back. It also included signs on the front lawn of the White House with slogans such as "We like broccoli" and "USA deserves a tax cut," Roanoke Rapids police said.

Instead of being labeled a Federal Reserve note, the fake bill was marked as a "Moral Reserve Note." The bill bore the signatures of Ronald Reagan, political mentor; and George H.W. Bush, campaign adviser and mentor.

Food Lion said normal policy is not to accept bills over $100.

[Blood of Tyrants]

Looks like the cashier needs a little educating.

[mykdsmom]

NC Ping!

[PetroniDE]

MUST HAVE BEEN A FLORIDA (FLORIDUH) VOTER.....

[Phantom Lord]

Food Lion said normal policy is not to accept bills over $100.

Sounds like a good policy. Especially since no bills larger than $100 are printed.

[UncleDudley]

LOL!! What a hoot!

Two thieves in a territorial battle.

It's the Federal Reserve -vs- Grocery Buyer.

[RikaStrom]

Weren't we just talking about this?? LOL

[Tank-FL]

Clerk was a Florida High School Grad

[mystery-ak]

LOL...Im surprised the clerk was able to make the correct change.

[Lorenb420]

Sounds like a good policy. Especially since no bills larger than $100 are printed.

There used to be $500, $1000, $5000, and $10,000 bills until 1969. See Bureau of Engraving and Printing.

[mtbrandon49]

Nobody this dumb needs to be handling money.

[Phantom Lord]

I know they formerlly made much larger denominations. But they have been out of print for greater than 30 years.

Ever see one in circulation?

[harpseal]

Can someone please inform me what crime the food nuyer committed. The paper offered was claerly not an immitation of legal tender as the denomination was wrong and it did not claim to be a Federal reserve note or a treasury certificate. The cashier, Food Lion's Agent, accepted this peice of paper in return for the groceries and $50 change.

[Lorenb420]

I know they formerlly made much larger denominations. But they have been out of print for greater than 30 years.

Ever see one in circulation?

No I haven't. If you do though they are considered legal tender. From the previous link:

Currency notes of denominations above $100 are not available from the Department of the Treasury, the Federal Reserve System, or the Bureau of Engraving and Printing. On July 14, 1969, the Department of the Treasury and the Federal Reserve System announced that currency notes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued immediately due to lack of use. Although they were issued until 1969, they were last printed in 1945.

These notes are legal tender and may be found in circulation today; however, most notes still in circulation are probably in the hands of private numismatic dealers and collectors. If you are interested in purchasing these larger denominations, it is suggested that you contact private dealers or collectors who are usually listed in the classified section of the telephone directory under the headings of “Coins” and “Hobbies.”

I'll admit it's not likely this is a problem you'll run into :)

[Phantom Lord]

If I ever find one, I assure you I will not spend it. They can be worth quite a bit.

[boris]

"Can someone please inform me what crime the food nuyer committed. The paper offered was claerly not an immitation of legal tender as the denomination was wrong and it did not claim to be a Federal reserve note or a treasury certificate. The cashier, Food Lion's Agent, accepted this peice of paper in return for the groceries and $50 change."

He will be convicted of nuyerism.

BTW, see This link. Long but amusing.

--Boris

[boris]

BTW, I read somewhere that on the night when Europe switched to the "Euro", somebody ran up a large fee at a bar and payed in Monopoly money. The bar didn't know about it until they counted the night's "take".

One of those tricks that works once but not twice.

--Boris

[KarlInOhio]

One of those tricks that works once but not twice.

Various Central and South American countries have revalued their currencies enough times to disprove that point.

Senor Finance Minister, prepare to print the New New Peso notes.

[areeves79]

This is interesting.

Celebrity Notes

All U.S. currency is printed by the Bureau of Engraving and Printing, an agency of the U.S. Department of the Treasury. Currency notes bearing the portraits of well-known personalities, whether movie stars or religious figures, are for the most part found to be genuine United States currency. Private businesses produce these novelty items by purchasing new currency notes from banks and subsequently apply the picture of the well-known personality over the engraved portrait on the bill by means of a pressure-sensitive adhesive. These businesses then charge their customers premium prices.

The United States Secret Service maintains currency regulations dealing with defacing , reproducing, and counterfeiting. They have determined that this practice does not violate Federal statutes prohibiting defacement of currency as long as the paste-on photograph can be removed without damaging the original note.

The Bureau of Engraving and Printing's position regarding this matter is that this and similar other treatments of United States currency are demeaning. This type of enterprise is not endorsed by officials at the Bureau of Engraving and Printing.

[chaosagent]

It's like the old story of the dumb counterfeiter who accidentally printed up $18 bills instead of $20's.

Not wanting to waste them, he decided to try and pass them off on some country hick.

He goes into some little country store and ask for change. The owner looks at the bill and says "You want 3 $6's or 2 $9's