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Thread: Where to stamp a FRN

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  1. #3
    Quote Originally Posted by David Merrill View Post
    Very good! I had not thought that through. I stamp the backsides so as not to put off cashiers. I am thinking that you might be charged with felony destruction of money/tender if you get to pushy about it. The Code reads that if you render the currency to have no value, then you are guilty of the violation. So that might simply mean you have made the bills unacceptable to a cashier somewhere.
    I have had no complaints. No one questions them. A handful of cashiers will look at it, scrunch their face and usually put them in the cash drawer. One however, did pull out a marker to check the validity of the currency, i.e. 50FRN or 100FRN (this was a 20FRN). It was real, so she put in her drawer. Even the courts have taken them without question.


    EDITED TO ADD: I am not worried about defacing/destruction of the FRN. I am doing neither. A FRN has value as long as there is 50% or greater of the note (it's not a note) remaining. Destruction is not occurring. Defacing? Nope, as the FRN has been redeemed, I am acting in "good faith," letting those who can comprehend its meaning to have the ability to make a choice regarding acceptance of public money. Good faith is what the law requires. If there is a problem, then the law can show me the proper way.

    To date, no one has refused them. If they did, I would need them to state in writing that my FRNs were refused, signed and dated, and if possible company policy guideline and/or code. With that, I can make a legal determination of my own regarding my next course of action.
    Delawarejones
    Last edited by Delawarejones; 03-17-11 at 04:53 PM.
    Despite the crapehangers, romanticists and anti-intellectuals, the world steadily grows better because the human mind, applying itself to environment, makes it better. Robert Heinlein

    The law assists the wakeful, not the sleeping. Legal Maxim

    Nothing is so natural as to dissolve anything in the way in which it was bound together; therefore the obligations of words is taken away by words; the obligation of mere consent is dissolved by contrary consent. Legal Maxim

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