The so-called “small face” dollars are those that were printed in the United States until 1996. On the $100 bill, Benjamin Franklin is inside an oval frame and, in terms of dimensions, it is smaller compared to later printed versions.
Why do you pay less for the dollar expensive girl
The caves in the City of Buenos Aires pay less for these tickets and also sell them cheaper. Although they are totally legal tender, savers reject them. You get to pay 2% and 4% less because in theory they are “more difficult to move.”
According to reports from Argentines who travel abroad, there are many countries where it costs for those tickets to be accepted. For example, it is something that happened to those who traveled to the World Cup in Qatar.
“Consumers around the world are advised that there is no need to exchange $100 bills from the old design for the new ones. It is the policy of the US Government that all US coin designs remain legal tender regardless of when they are issued,” the Fed announced in 2013, the last time they renewed ticket design.
The most recent version of the US banknote is the one with a blue band running through it and Franklin’s face appears in the foreground, without the oval. That is the bill called “big head”, and the blue band is an additional security measure that seeks to prevent counterfeiting.
Although there are no “legal” reasons, the “little trees” take the old $100 bills at a discount. The same is true for lower denomination dollars.
In banks, the problem arises when withdrawing, because savers prefer “big face” bills. This is not the case for deposits, since entities have the obligation to accept any type of legal tender.
The solution for the old bills is to send them to the US to be replaced by the new ones, but this operation is hampered by the pandemic.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
