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by Scoundreller
1876 days ago
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Similarish issue with 500 EUR notes. Foreigners sometimes get stiffed with them overseas because nobody wants to take them, including the money changers' suppliers. In Europe, you can only convert them at central banks, but usually they'll be accepted if you buy something big enough. |
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- they are a high denomination bill and people who attempt to counterfeit money like to copy those
- they are not encountered often, and so staff can be unfamiliar with how to verify their authenticity
- as the highest denomination US note, it is very hard to get it out of your till and back as change, and meanwhile it has probably taken a bunch of bills you do often need to give back out of the till