NWFlyer 2 #1 November 11, 2007 Well ... not really, but I am wondering if this is worth something. I was cleaning out a jewelry box that I've had since I was a kid, in preparation for throwing it away and moving everything over to a new one. I found a few random pieces of international currency, probably brought back by my dad when he used to travel a lot for work. What I got was usually a nominal amount left over from his travels; anything worth any money would be cashed in before he came home. I found a bill for 1 million Argentenian Pesos. XE.com tells me that's worth over $300K in USD ... but is it really? Is this one of those currencies that has gone through a bunch of iterations and if I bring this bill into a bank they'll laugh at me and say, "oh, silly girl, that's just a worthless piece of paper from back in the day when 1 million pesos was worth $6.50." Or am I about to cash in? "There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences." -P.J. O'Rourke Quote Share this post Link to post Share on other sites
NWFlyer 2 #2 November 11, 2007 Sadly, further research indicates that my bill is of the Peso Ley variety, circa 1970-1983. There have been multiple conversions since then, so that my one meeeeeelion pesos are worth a whopping ... wait for it ... $0.00000319173 I'll try not to spend it all in one place. "There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences." -P.J. O'Rourke Quote Share this post Link to post Share on other sites
airtwardo 7 #3 November 11, 2007 So...you can get 1/16th of a piece of gum! ~ If you choke a Smurf, what color does it turn? ~ Quote Share this post Link to post Share on other sites
FreeflyChile 0 #4 November 11, 2007 see then what you do is hold on to it for a good 40-50 years, til it becomes an antique worth something. Quote Share this post Link to post Share on other sites
tr027 0 #5 November 11, 2007 Wow, not even worth the paper it's printed on, literally."The evil of the world is made possible by nothing but the sanction you give it. " -John Galt from Atlas Shrugged, 1957 Quote Share this post Link to post Share on other sites
ladydyver 0 #6 November 11, 2007 I tell you what......bring it with you to the next boogie we are at and you can put forth your 2 cents worth and we will pay for the rest of the jump.....that way we can finally jump with your ass! DPH # 2 "I am not sure what you are suppose to do with that, but I don't think it is suppose to flop around like that." ~Skootz~ I have a strong regard for the rules.......doc! Quote Share this post Link to post Share on other sites
shropshire 0 #7 November 11, 2007 Have you tried e-Bay? To some of those coin/note collector types it may be worth a lot more. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #8 November 12, 2007 Check with a reputable coin/currency collector. Eventhough the face value of the note isn't worth much, it may have collector's value.... Quote Share this post Link to post Share on other sites
gemini 0 #9 November 12, 2007 I was working for Hughes Tool Company and we had a manufacturing plant in Argentina during the years that bill was printed. One day the VP-Manager called me and asked if he could move the payroll from weekly to daily. When I asked him why, he stated that at a 1000% inflation, the decrease in one week was hurting all the employees. I agreed. Several weeks later he called and said it was working better, but could we pay at noon and end of day. Apparently what was happening was that you would get your paycheck and run to the first store you could find that had something to buy and you would spend 100% of your pay on whatever they had. Say shoes. Then later someone would come to you and say "Do you have any shoes to sell?" You could then sell him shoes at that day's price as a hedge against further inflation. What a way to live! Blue skies, Jim Quote Share this post Link to post Share on other sites
monkycndo 0 #10 November 12, 2007 The same thing happened in Ecuador. People bought just about anything that had a good shelf life and was needed frequently for a fast turnover. Ever since they tied the Sucre to the US$, inflation has finally slowed to what is a "normal" rate.50 donations so far. Give it a try. You know you want to spank it Jump an Infinity Quote Share this post Link to post Share on other sites
