Stores not accepting large bills...

[highland145]

pretty sure you are 100000000000000% wrong on that.

https://www.federalreserve.gov/faqs/currency_12772.htm

There is no Federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services.

I can see me bringing home 2 chickens and a goat. The wife would flip.

 

[Stopsignhank]

I can see me bringing home 2 chickens and a goat. The wife would flip.

Yeah, she would be so excited you got a raise!!

 

[highland145]

Yeah, she would be so excited you got a raise!!

Pretty sure the raise part would be ignored. Can't make 'em happy.

 

[MtnMan]

Problem is the government expects the business to turn in fake bills without exchanging it for a real one. Is the business supposed to eat the loss? Fake bills is a federal offense but the business is supposed to shoulder the burden?

Counterfeit detection pens can be found in every office supply store across the country.
or
Hold a bill up to a light and look for a holograph of the face image on the bill. Both images should match. ...
or
Looking at the bill through a light will also reveal a thin vertical strip containing text that spells out the bill's denomination.

 

[bradly1101]

https://www.youtube.com/watch?v=S4XNcTQT-yY

 

[Red Squirrel]

I used a $100 bill to buy a McFlurry once. I was surprised they even took it. I was young, like probably elementary school or something, so I thought it was the most hilarious thing at the time.

 

[sdifox]

Counterfeit detection pens can be found in every office supply store across the country.
or
Hold a bill up to a light and look for a holograph of the face image on the bill. Both images should match. ...
or
Looking at the bill through a light will also reveal a thin vertical strip containing text that spells out the bill's denomination.

You know there are super counterfeits around right?

 

[kranky]

Counterfeit detection pens can only test the paper (which is actually not paper, but more like linen). If someone bleaches the ink off a $1 and reprints it as a $100, the pen won't help.

Cashiers ought to be trained to look at the watermark, the location and writing on the security strip and the color-shifting ink on high-denomination bills. It takes literally 2 seconds. But since businesses don't seem to bother training them, businesses will continue to refuse to accept big bills.

Back in the day I worked in a convenience store and they had no rule against taking big bills, but we were trained on how to verify them and if we ever took a fake we were told it would come out of our pay (a bluff, but effective). People didn't use them often but we didn't refuse to take them.

I help a friend who sells costly items at festivals and to my knowledge no seller has ever gotten stuck with a fake bill. Every seller inspects the high value notes and does so in a showy way - I don't think anyone would even try.

 

[OutHouse]

Counterfeit detection pens can only test the paper (which is actually not paper, but more like linen). If someone bleaches the ink off a $1 and reprints it as a $100, the pen won't help.

Cashiers ought to be trained to look at the watermark, the location and writing on the security strip and the color-shifting ink on high-denomination bills. It takes literally 2 seconds. But since businesses don't seem to bother training them, businesses will continue to refuse to accept big bills.

Back in the day I worked in a convenience store and they had no rule against taking big bills, but we were trained on how to verify them and if we ever took a fake we were told it would come out of our pay (a bluff, but effective). People didn't use them often but we didn't refuse to take them.

I help a friend who sells costly items at festivals and to my knowledge no seller has ever gotten stuck with a fake bill. Every seller inspects the high value notes and does so in a showy way - I don't think anyone would even try.

I would love to know all the anti-counterfeiting measures that are in 100's that only the secret service know about.