Handling money

[Stephen Tashiro]

Is there a skill to handling money?

When I handle money (meaning handle actual currency with my hands) the corners of the bills always get bent. I blame this on credit cards. I use credit cards so often that I'm out of practice in handling paper money. Also, credit cards make my wallet thick and I think this has something to do with the corners of the bills getting folded over.

[Kent A Bathurst]

No - you have lost your touch. You will never again be able to handle folding money. Deal with it.

Take it all - what you have today, and what you might have over the next year or so - package it up, mail it to me.

Problem solved.

[Bill Orbine]

No - you have lost your touch. You will never again be able to handle folding money. Deal with it.

Take it all - what you have today, and what you might have over the next year or so - package it up, mail it to me.

Problem solved.

What have you got?..... a money laundry service? :D

[Dan Hunkele]

Obviously if you had more payments to make you wouldn't have that darn money problem. Get out there and stimulate the economy.

[John A langley]

It's not you, it's the people that can't count money back to you when they make your change They do something to it ��

[Julie Moriarty]

Maybe you have one of these.
http://drmarkkemenosh.com/files/2014/11/the-costanza-wallet.jpg
It's just not big enough.

Try this. It's very European...
http://www.carryology.com/wp-content/uploads/2011/05/carry-seinfeld.jpg

[Brian Brown]

You're a woodworker, ...and you have Money?!?!

[Phil Thien]

My need to neatly fold and organize money went away about the same time I got married and started having children.

[Mike Wilkins]

Money. What is that. I remember having some before 2 daughters, first drivers license, college, law school, woodworking, motorcycle, life.
Nearing retirement, so maybe some will mysteriously appear soon.
I have learned to accept the folded corners the few times I have some in hand.

[Mark Blatter]

About 12 or 13 years ago the company where I worked decided, in fit of stupidity, to open a branch office in Las Vegas. We were a currency handling / transportation company and were lured in by one ATM company to load / process their ATMs. We were no more ready for the challenges than my old high school basketball team would be to play Jordan's Bulls. Oh, we had the transportation and servicing side down pat, but the backroom work, the counting and processing side was, well, a joke.

A couple of days before we started, we did our first pick up at the bank of currency. The amount, keep in mind these were ATMs located in places like The Rio, Bellagio, NYNY, etc. Top line casinos, each with 15 - 40 ATMs. They mostly had $100s but some carried $50s and a very few $20s. So the first pick up was $25,000,000,000 for loading the cassettes. We were picking up daily and processing hundreds of cassettes during the night. What we started with for currency counters were single pocket machines that are appropriate in a credit union or small bank, at each teller station. Like this one, that cost around $1200 each;

317495

What we needed was one of these, a 7 pocket high speed machine that could process thousands of bills per minutes instead of hundreds per hour. The cost on these was about $35 - 40K as I can recall and we really needed two of them. Lead time for ordering was 8 - 10 weeks.

317496

I received a photo about a week after we started showing a huge pile of money on an 8' table. It must have been stacked 6' tall above the table, all hundreds, with one of the three single pocket counters at the base. The caption said "Got Counter?". It was the funniest, and poignant photos I have ever seen. It fully described our failure to be adequately prepared. I have tried to find that photo a couple of times, but have not been able or would post it.

[Julie Moriarty]

Money. What is that. I remember having some before 2 daughters, first drivers license, college, law school, woodworking, motorcycle, life.
Nearing retirement, so maybe some will mysteriously appear soon.

Years ago I was discussing with my dad how I just can't save anything, he told me he never had any money in the bank either, until the kids moved out. When my kids moved out, he was proven right.

[Stephen Tashiro]

About 12 or 13 years ago the company where I worked decided, in fit of stupidity, to open a branch office in Las Vegas. We were a currency handling / transportation company and were lured in by one ATM company to load / process their ATMs.

Can those machines deal with bills that have folded corners? (Most of my experience is with fives and ones.)

[Myk Rian]

I don't understand the problem. Folding money is made from a linen paper. It straightens out easily.

[Mark Blatter]

To some extent. Typically they are counting cleaner bills, full straps, etc.

The top line ones that the Federal Reserve Bank uses, will count, sort, check for fitness (meaning torn and worn out bills) and destroy those that don't measure up. They also off sort any counterfeit. All without any one touching them, other than to set them in the hopper. Of course, they also cost over $500,000.

[Jim Koepke]

Before retirement my job was with a public transportation agency.

In the early days the ticket machines would only accept bills inserted in a single orientation. Wrinkles and folds would cause a bill to be rejected. One of the local radio personalities did a broadcast from one of the stations equipped with an iron and ironing board to help folks get their bills to work in the machines.

Over time bill reader technology improved. The graphics on the machines was never changed. People would never try turning or flipping their rejected bills to get them to work. Often if a line formed or someone kept trying I would walk over and ask if they would like some assistance. If they said yes, I would take their bill and kick the machine while flipping the bill. It seldom failed to accept the bill. I then gave them a warning to not try this them self as I knew exactly where to kick and wore steel toed shoes.

Hey, if you can't have fun at work, where can you?

As to folded corners and such, one thing I have noticed is a lot of people no longer use a wallet of bill fold.

jtk