12 billion dolars

Author

Topic: 12 billion dolars (Read 4719 times)

docstrange

Full Member
Posts: 209
Paper Money is art!

« on: February 11, 2007, 11:03:46 am »

As stated in a front page Globe and Mail story earlier this week.The US sent 12 billion dollars in $100 notes which weighted 363 tonnes to Iraq.Anyone have an idea on how much space that would take up?

Logged

AL-Bob

Senior Member
Posts: 370

Re: 12 billion dolars

« Reply #1 on: February 11, 2007, 02:36:44 pm »

According to factmonster.com, "Our present currency measures 2.61 inches wide by 6.14 inches long, and the thickness is 0.0043 inches." 120 Million tightly packed bills would completely fill a 12ft x 12ft x 33ft trailer.

Logged

AL-Bob(at)cdnpapermoney com

stevepot99

Senior Member
Posts: 303
Pushing the boundaries

Re: 12 billion dolars

« Reply #2 on: February 11, 2007, 04:12:58 pm »

so roughly that would be half a semi truck

Logged

copperpete

Very Senior Member
Posts: 654
CPMS #1408

Re: 12 billion dolars

« Reply #3 on: February 11, 2007, 05:14:40 pm »

I do the calculation: 12 billions $ in 100$ notes makes 120 millions notes. if a note weight only one gram per note (I just checked one on a scale) so it would weight "only" around 120 millions grams = 120 metric tons (about 265 000 pounds).

Closely packed, a such mass of money would fill a volume of about 25 000 notes per cubic feet, so a total of 4 800 cubic feet. A boxtrailer measuring 8' wide x 8' high x 45' long has a interior volume of only 2880 cubic feet, so you must use two trailers.

« Last Edit: February 11, 2007, 05:15:36 pm by copperpete »

Logged

eyevet

Wiki Contributor
Moderator
Posts: 976
CPMS Life Member #101

Re: 12 billion dolars

« Reply #4 on: February 12, 2007, 03:52:45 pm »

How much would it cost to upgrade every computer in North America to Windows Vista?

Logged

Don_D

Junior Member
Posts: 44

Re: 12 billion dolars

« Reply #5 on: February 12, 2007, 04:28:21 pm »

these are such important issues in canadian paper money, what is your views on them, Paul, Brent, Tom ?

Logged

BWJM

Very Senior Member
Posts: 5,018

Re: 12 billion dolars

« Reply #6 on: February 12, 2007, 11:41:59 pm »

Quote

these are such important issues in canadian paper money, what is your views on them, Paul, Brent, Tom ?

Does my lack of a response not say anything? :-?

Logged

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.

blumax

Junior Member
Posts: 47
Paper Money is Art!

Re: 12 billion dolars

« Reply #7 on: February 13, 2007, 03:03:33 pm »

If this were in the US Currency heading, I would comment that some prefixes of the $50s and $100s might be sent overseas, in entirety, making them inaccessible to US collectors. Do large shipments of Canadian currency get shipped to Europe, Middle East, Asia? Does this contribute to scarce prefixes? Are the obsolete $5 and $10 banknotes recalled and replaced from overseas holders?

blumax

Logged