At age 71 legendary songwriter Leonard Cohen discovered he was nearly broke after his long time manager and former lover stole $5M. The theft started after Cohen entered a Zen Buddhist retreat when he retired, believing he had enough money to live there the rest of his life.
Early American money was inscribed with the phrase “To Counterfeit is death”.
The $2 bill makes up 1% of currency circulation. Its scarcity in daily use has confused some merchants who believe the bill to be fake. A 13 year old girl in Texas was detained by police when she tried to pay for her school lunch with a $2 bill, because the school’s counterfeit pen wouldn’t work on it.
Two penniless brothers living in a cave inherited $6.6 Billion from a long lost Grandmother.
In Australia, torn money is valued by the percentage of the banknote remaining. Half of a $20 bill is valued at $10. Banknotes must be greater than 20% of the original size to have any value. If a banknote is 80% or greater in size it is worth the full value.
In New Jersey, the back door of an armored Brink’s truck wasn’t working properly and opened during the drive. Cash came pouring out of the truck, causing much excitement and chaos – including car crashes – on the morning drive.
In November of 2018, an ATM in Houston, Texas, dispensed $100 bills instead of $10 bills by mistake. Word quickly spread on social media about the broken ATM, and people formed a line of cars to get the extra cash. Bank of America disabled the ATM and released the following statement: “This was an incident at a single ATM in Houston caused when a vendor incorrectly loaded $100 bills in place of $10 bills. We have resolved the matter. Customers will be able to keep the additional money dispensed,” according to ABC13.
In 2008, a man made $50,000, penny by penny, by opening thousands of fake accounts and pocketing the 1 or 2 cent verification deposits.
Currency shaped like knives was in circulation in China from 770 to 220 BC.
The metallic smell of money is actually your body oils breaking down in the presence of iron or copper. You can see this by using a paper towel to pick up a penny smelling it – no odor. Then rub your sweaty/oily fingers on it and notice the strong metallic odor. Money doesn’t smell, you do.
More than $200 million in US currency was burned at both a crematorium and the Aiea Sugar Mill in Hawaii, due to being redeemed for HAWAII Overprint Notes – a series of banknotes issued during World War II as an emergency issue after the attack on Pearl Harbor. The intent of the overprints was to easily distinguish US currency captured by Japanese forces in the event of an invasion of Hawaii and render the bills useless.