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Technically all current-size Federal Reserve Notes, U.S. Notes, and silver certificates are legal tender. However, some businesses may be reluctant to accept older bills because they were much easier to counterfeit.

If you have old bills you should also find out if they have any collector value that's higher than their face value. For example, some old $5 silver certificates can sell for $10 or more to a collector, so you wouldn't want to spend one and just get 5 bucks for it.

Also, many businesses do an extremely poor job of educating employees about the coins and bills that are currently in circulation. There have been numerous cases, some ending up in court, where clerks refused to accept $2 bills, half dollars, or the new presidential dollar coins as legal money.

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17y ago

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