Posted By:
ramramQuestion No. 1 - If they still had $1,000 bills in circulation, then how big of a coat would a buyer need to pull out enough of those $1,000 bills to buy the Yankees from George Steinbrenner (or, more interestingly, how much more would his coat weigh)?
Answer No. 1 - The Yankees are reportedly worth one billion dollars. All US paper currency weighs one gram. There are 454 grams in a pound so 454 currency notes would weigh one pound. One billion dollars would be one million $1000 notes. One million thousand dollar notes would therefore weigh 2200 pounds or just over a ton. So...one ton of $1000 notes might get you the Yankees.
Question No. 2 - How about if that owner only had $100 bills (which, of course, is the largest denomination available now)?
Answer No. 2 - 10 tons.
Ok, now I gotta go find a life again.
Rob M.