Should the $500 banknote be revived

Obviously casinos buy in bulk.

RFID is used by very very few casinos,

and NEVER used with chips under $100

to the best of my knowledge.

Quote: ZenMasterFlash

Obviously casinos buy in bulk.

RFID is used by very very few casinos,

and NEVER used with chips under $100

to the best of my knowledge.

I know a number of smaller casinos that use RFID on all chips. Tracking on the tables and at the cage.

I still expect good quality customized chips to be at least 55c each, even in truckload quantities. (More with RFID.) I'll trust that you know a guy who knows a guy and can get a better deal.

Near the "top" of the strip in Las Vegas you

can find the HUGE "Gambler's General Store"

for purchasing any/all Casino equipment.

They commonly sell BIG boxes of customized chips.


LOOK HERE ➮ http://www.gamblersgeneralstore.com

Can you pulleeeze list casinos that you know use RFID chips.

Many years ago before poker sets were so popular and you could still order Paulson chips, I used one of the shops to order some casino-quality customised chips for playing board games (I have two sets, this is the one with plain colours). They weren't cheap!

Quote: ZenMasterFlash

Can you pulleeeze list casinos that you know use RFID chips.

Small tribal places, not Las Vegas, including one place small enough so that black is their biggest chip.

If you need more info, let's talk quietly.

Saw a re-run of the original 'Let's Make a Deal' with Monty Hall the other night. One of the games had contestants pick the position of a bill in a stack of various denominations. Of course before revealing the bill, Monty would offer them a curtain or a box on stage.

The interesting thing was that in the stack were $50's, $100's, $500's, $1000's, and a $5,000 bill. After the game was concluded (one woman got a $1,000 bill) Monty went out of his way to display the $5,000 bill, which was enclosed in a plastic holder. Apparently, the show had to get special permission to include it, as the bill, even then, was non-negotiable. Monty explained that if someone had won it, they would have cut them a check for the amount, and not actually given them the bill. I didn't even know a $5,000 bill was ever in circulation. It was very interesting to see the high denomination bills in circulation as some had red treasury seals instead of green.

I checked the web for a copy of the show, but only came across a "Cajun Pawn Stars" episode that included some of them:

Quote: Ayecarumba

Saw a re-run of the original 'Let's Make a Deal' with Monty Hall the other night. One of the games had contestants pick the position of a bill in a stack of various denominations. Of course before revealing the bill, Monty would offer them a curtain or a box on stage.

The interesting thing was that in the stack were $50's, $100's, $500's, $1000's, and a $5,000 bill. After the game was concluded (one woman got a $1,000 bill) Monty went out of his way to display the $5,000 bill, which was enclosed in a plastic holder. Apparently, the show had to get special permission to include it, as the bill, even then, was non-negotiable. Monty explained that if someone had won it, they would have cut them a check for the amount, and not actually given them the bill. I didn't even know a $5,000 bill was ever in circulation. It was very interesting to see the high denomination bills in circulation as some had red treasury seals instead of green.

I checked the web for a copy of the show, but only came across a "Cajun Pawn Stars" episode that included some of them:

If anyone gets Buzzr on their television, they'll see reruns of this episode regularly.

$500, $5000, $10000, $50000, $100000, yes. If they don't have bills for them, they can't be lost or stolen. Then third degree going to the bank with them and you have to tell them their mother gave it to you for services rendered. It's seriously one of those things missing in the world, cash that means something. It is a disadvantage in so many ways for the little people. So many scenarios. Some people spend more when using credit cards, but some spend more when using cash. Back to the original point, that's why the big cash was done away with, because it was lost and stolen and this was to make it burdensome.

Quote: onenickelmiracle

$500, $5000, $10000, $50000, $100000, yes. If they don't have bills for them, they can't be lost or stolen. Then third degree going to the bank with them and you have to tell them their mother gave it to you for services rendered. It's seriously one of those things missing in the world, cash that means something. It is a disadvantage in so many ways for the little people. So many scenarios. Some people spend more when using credit cards, but some spend more when using cash. Back to the original point, that's why the big cash was done away with, because it was lost and stolen and this was to make it burdensome.

Fwiw, I think the big bills above 100 in public circulation were done away with specifically to combat easy drug money movement. Pacomartin knows this subject inside out; maybe he could chime in. I think possibly banks still use large denom bills interbank, but maybe that's all electronic these days.

I saw a $100,000 Bill at the Museum of Money that the ANA used to have in Upper Manhattan. They were intended only for intra bank transfers, but the guide said a few got into private hands.

Quote: beachbumbabs

Fwiw, I think the big bills above 100 in public circulation were done away with specifically to combat easy drug money movement. Pacomartin knows this subject inside out;

Are you inferring that Pacomartin is a member of a drug cartel?

Quote: DRich

Are you inferring that Pacomartin is a member of a drug cartel?

Of course not. Where is your smiley face?