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Copper Catcher
Administrator
    
 USA
2092 Posts |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 12/08/2009 : 11:39:50
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| I wonder if I could piece them back together? Would anyone take a bill that has two rolls of tape holding it together? |
You don't have to be the BEST you just have to be.......SLICK
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Lemon Thrower
1000+ Penny Miser Member
    

USA
1588 Posts |
Posted - 12/08/2009 : 12:07:05
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quote: Originally posted by slickeast
I wonder if I could piece them back together? Would anyone take a bill that has two rolls of tape holding it together?
I think the law says they have to.
i would think with todays technology you could write a program to scan each piece and tell you how to reassemble it. |
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X

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psi
Penny Collector Member
  

Canada
399 Posts |
Posted - 12/08/2009 : 21:14:13
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| Why would they sell this when they could just destroy it? I'm not sure about the practicality of reassembling the bills but I can also imagine counterfeiters buying the stuff for raw materials. |
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natsb88
Administrator
    

USA
1850 Posts |
Posted - 12/08/2009 : 21:31:44
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It says the bills were never monetized, so they might not even have serial numbers.
Why sell it? Because they can make some money on something they would otherwise throw away. With the watermarks, distribution of colored fibers, and security thread, I'm not sure the paper material can really be recycled. |
Nate The Copper Cave
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 12/08/2009 : 22:01:35
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quote: Originally posted by slickeast
I wonder if I could piece them back together? Would anyone take a bill that has two rolls of tape holding it together?
You put one together and ill take it for full face value |
Copper Penny Investing www.portlandmint.com |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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barrytrot
Administrator
   

USA
721 Posts |
Posted - 12/09/2009 : 09:10:40
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I have a couple smaller bags of these and I often look at them and think can this be put back together?
We have computers that can get through just about any "captcha" program now, so why not create one that does a massive "jigsaw" puzzle?
If you could do so the income is unlimited as these are readily available from 100's of sources!
beauanderos (or anyone else): If you successfully put together ANY bill I'll add a $100 to your payment and you don't even need to send me the bill. I will just pay that as a "proof of concept" payment! NOTE: I need some proof that you did it via a shreaded bag, no fair taking a normal bill and slicing it yourself :) |
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slickeast
1000+ Penny Miser Member
    

USA
2533 Posts |
Posted - 12/09/2009 : 11:05:16
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I would imagine that they shredded millions of dollars worth at one time and they have been mixed up to the point that there is no way to make a complete bill out of the mess. Plus the pieces will be so small that you won't know what part of the bill you have.
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You don't have to be the BEST you just have to be.......SLICK
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
Posted - 12/09/2009 : 12:50:34
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the ad also states the bills were never "monetized." This tells me that these were error printings - for one reason or another - that didn't make it through whatever quality controls they employ. So you'd go to all that trouble to assemble a deficient-in-the-first-place bill. Hmmm,sounds like our present fiat currency, alright.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/ http://wherewillyoubein2012.blogspot.com/ |
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barrytrot
Administrator
   

USA
721 Posts |
Posted - 12/09/2009 : 20:42:48
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quote: Originally posted by beauanderos
the ad also states the bills were never "monetized." This tells me that these were error printings - for one reason or another - that didn't make it through whatever quality controls they employ. So you'd go to all that trouble to assemble a deficient-in-the-first-place bill. Hmmm,sounds like our present fiat currency, alright. 
"deficient" - That means it's worth more to collectors then! Seriously, error coins and bills go for a great premium! |
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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 12/10/2009 : 02:09:09
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Sure they go for premiums.. but most collectors want to take off a little if there is tape on a bill.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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vrbsroma
Penny Collector Member
  

394 Posts |
Posted - 12/10/2009 : 12:19:32
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I, too, think it would be a fun (if not completely without reward) to try to put together a full bill. Are we talking matching up the cotton threads and S/N and everything, too?
I imagine they take the error notes or probably blank pieces of paper or test sheets or something that would never pass as curreny in the first place, cancel it out, cut it in half, shred it, and only give you, say, the left half of the bills. On top of that I bet each piece is from a different note different denomination, etc. So there would probably be no matches in 10,000+ bags.
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As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 12/11/2009 : 15:23:28
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Ummm.... yeah, I think there are better ways to spend your time. So Do Ku if you are really that bored. The expert ones can be quite challenging!
And I would definetly go with the idea that even if you did/could piece 'something' back together it would not EVER be spendable.
So, if you wanted to spend 100 hours just to say you did it? Go Ahead!
But no profit in this scheme. |
"May your percentages ever increase!" |
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barrytrot
Administrator
   

USA
721 Posts |
Posted - 12/11/2009 : 23:51:00
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quote: Originally posted by vrbsroma
I, too, think it would be a fun (if not completely without reward) to try to put together a full bill. Are we talking matching up the cotton threads and S/N and everything, too?
I imagine they take the error notes or probably blank pieces of paper or test sheets or something that would never pass as curreny in the first place, cancel it out, cut it in half, shred it, and only give you, say, the left half of the bills. On top of that I bet each piece is from a different note different denomination, etc. So there would probably be no matches in 10,000+ bags.
So you believe our inept government that can't handle squat puts this much care into something that it is throwing away?
I doubt it.
For one there are only 7 denominations of notes.
I'm sure they shred a bunch and try to shake the container a bit so that the bills scatter.
But seriously, take out a handful of bills and other than the serial number what is unique about them? Answer: nothing.
So if there are 10,000 bills then that means you would be able to construct 98% of the bill back to life and then it is just a matter of serial numbers. |
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barrytrot
Administrator
   

USA
721 Posts |
Posted - 12/11/2009 : 23:53:33
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quote: Originally posted by wolvesdad
Ummm.... yeah, I think there are better ways to spend your time. So Do Ku if you are really that bored. The expert ones can be quite challenging!
And I would definetly go with the idea that even if you did/could piece 'something' back together it would not EVER be spendable.
So, if you wanted to spend 100 hours just to say you did it? Go Ahead!
But no profit in this scheme.
There is profit -> $100 cash money! $1/hour isn't bad in a lot of areas and if it is fun $1/hour is a nice bonus :) |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 12/12/2009 : 06:52:16
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So you spend 100 hours, you get one hundred dollar bill, The bank that is so eager to help and get scr@wed forks over the $100 in pennies in exchange for the reconstructed bill,
And how much did you make? $55. That's $0.55 an hour. Don't forget you had the initial investment of $45.
Or... you try this, reconstruct a bill with a variety of serial numbers, try to cash it in and get arrested by the Secret Service for counterfeiting. Say it wouldn't be so; say it wouldn't. |
"May your percentages ever increase!" |
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kieblera5
Penny Hoarding Member
   

USA
859 Posts |
Posted - 12/14/2009 : 07:51:38
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| How do you know that after they shred it, they put it directly into the bag? All of the pieces might not even be in there for any of the bills... It would be a nice conversation piece. Maybe get it woven back into toilet paper? |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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