![]() ![]() In our modern times, the value of intangible assets is significant on our balance sheets. I value my intangible assets. I get that not all property has physical size and weight. Virtual reality is smoke and mirrors. Confidence men and computers would control our economy. Society would be turning over the reins of their finances to Big Brother. Your money should be like your other possessions, if someone wants to take it, at least, make them have to take physical control of the property. If you put ten pounds of $100 bills into a briefcase, that would be $454,545. How foolish would that be to carry a brief case full of $100 bills? On the other hand, if someone stole your brief case full of cash, at least you would know it and could conceivably recover it. Electronic currency has no weight or physical size but that does not mean it is safe. There are exactly 1,000 $100 bills in a bundle. According to Federal Reserve Bank Services, a bundle is comprised of 10 currency straps of 100 bills each for all bills greater than $1. A currency strap of $100 bills is worth $10,000 and a 10-strap bundle totals $100,000. 100 notes is the worldwide standard count for one strap – regardless of denomination. 10 straps always = one bundle. A “bundle” of strapped cash a/k/a a “brick” contains 1,000 bills.Ĭurrent US bills weigh exactly one gram per bill. There are four hundred fifty-four grams in one pound. Therefore, 1 pound of $100 bills = $45,400. A brick of $100 bills weighs 2.2 pounds and has a value of $100,000. Remember a brick, or bundle, has 10 currency straps of 100 bills each which is a total of 1,000 bills. ![]()
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