Is this dollar note still valid?

I got this note from a money changer but the bank did not accept it. Its the old dollar note, is it still valid?

http://planetoddity.com/wp-content/uploads/2010/04/old-100-dollar-bill-17.jpg

Re: Is this dollar note still valid?

It better be. I have plenty of those stashed under my mattress. :)

Where are you ?

At least in the US they can never invalidate older notes. I think..

Re: Is this dollar note still valid?

I'm in Pakistan.

Re: Is this dollar note still valid?

**at least in the US and Canada, unlike India/Pakistan, the bills are always a legal tender. when a bill is withdrawn, it means it's circulation has stopped. what they do is that when the banks receive those discontinued bills, they do NOT re-circulate...this way, these bills disappear from the scene in a few years...

...i've saved old Canadian $100, $20, $5, $2, $1 bills as souvenir. i also posses uncut sheets of $2 and $1 bills. :)**

Re: Is this dollar note still valid?

^ Great, you can have my obsolete dollars then. I am willing to give the $100 bill for $200.

Re: Is this dollar note still valid?

^ plus processing fees

Re: Is this dollar note still valid?


**lol

these bills appreciate with time, specially sheets of uncut $1 and $2 bills which are no longer in print. it has already appreciated in value by 50% :) **