How much money is in a Brick? (2024)

How much money is in a Brick? (1)

  • Report this article

Brett Bickham How much money is in a Brick? (2)

Brett Bickham

Owner Bickham Ranch & Rule Accounting

Published Aug 14, 2022

+ Follow

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.

Current 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.

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.

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.

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.

Would you rather have a brief case full of $100 bills or a broker statement that indicates your portfolio is worth $454,545?Granted, the briefcase is not earning interest or increasing in value.Ten years down the road, your brief case of cash would not have the same purchasing power, it would be less.Ten years down the road, your portfolio should have, at least, the same purchasing power.

If mankind did not have greed within, the paper investments might work.The best crooks are the ones least expected to steal.How can you trust your broker?How can you trust a statement declaring your worth?How can you trust mass market panic won’t happen?

Recommended next reads

Money and the Myth of Saving Duminda Karunaratne 4 years ago
What to Do With Your Cash Ryan Sullivan, PE 6 months ago
money Chandrajith .M 6 years ago

I remember once attempting to borrow against bonds.My conservative banker was very skeptical.Just because bonds have a face value does not mean that those same bonds carry any guarantee of that face value.

Paper currency may not have any real value, but I prefer paper currency over electronic currency.As long as the country’s government is strong, their paper currency should be strong.Of course, that 10-pound brief case full of gold would have a value of approximately $200,000 and that value would stay current year after year.Paper currency most certainly depends on a strong country.At least paper, like gold, is tangible.

Brett Bickham,Rule Accounting

Clifton, TX

Help improve contributions

Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. This feedback is private to you and won’t be shared publicly.

Contribution hidden for you

This feedback is never shared publicly, we’ll use it to show better contributions to everyone.

Like
Comment

4

To view or add a comment, sign in

More articles by this author

No more previous content

  • How Much Does an Accountant Cost? Feb 10, 2022
  • 2021 Registered Sale Jun 25, 2021
  • Accounting for Business v. Personal Nov 4, 2020
  • Actual Expenses v. Imaginary Expenses Aug 26, 2020
  • True Cost of Baling Hay Jul 11, 2020
  • True Cost of Ranching May 25, 2020
  • Cash vs Accrual Accounting May 24, 2020
  • Run It Into the Ground? Aug 22, 2019
  • CPA Evolution Jul 30, 2019

No more next content

See all

Sign in

Stay updated on your professional world

Sign in

By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.

New to LinkedIn? Join now

Insights from the community

  • Macroeconomics How does the income effect and the substitution effect explain the slope of the money demand curve?
  • Financial Services What factors do you need to consider when interest rates change?
  • Banking Relationships How can you communicate Treasury product benefits to stakeholders?
  • Financial Services How can you hedge against currency risk in merchant services?
  • Working with Brokers How do you get lower broker fees and commissions?
  • Macroeconomics How do banks assess the creditworthiness and reputation of foreign buyers and sellers?
  • Economics How can you use futures contracts to manage interest rate risk?
  • Financial Management What are effective ways to manage expenses across currencies and exchange rates?

Others also viewed

  • Money Creation Dr. Byron A. Ellis 8y
  • What to Do With Your Cash Ryan Sullivan, PE 6mo
  • money Chandrajith .M 6y
  • No Silver Lining John Barker 5y
  • Money is Worthless Kate Starr 8y
  • Cash vs. Real Assets Eric J Culliton 3y
  • $1 Jar Savings Jeffro Ong, Leadership and Employee Experience Strategist 6y
  • When Dollar Falls: Moneyness and Payments (Part 6 of 9) Shailesh Jha 1y
  • Is Paper Currency Dead? Brett Bickham 6y
  • Have you ever considered a payment card based on gold? Tony Groom 7y

Explore topics

  • Sales
  • Marketing
  • Business Administration
  • HR Management
  • Content Management
  • Engineering
  • Soft Skills
  • See All
How much money is in a Brick? (2024)
Top Articles
Latest Posts
Article information

Author: Nathanael Baumbach

Last Updated:

Views: 6160

Rating: 4.4 / 5 (75 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Nathanael Baumbach

Birthday: 1998-12-02

Address: Apt. 829 751 Glover View, West Orlando, IN 22436

Phone: +901025288581

Job: Internal IT Coordinator

Hobby: Gunsmithing, Motor sports, Flying, Skiing, Hooping, Lego building, Ice skating

Introduction: My name is Nathanael Baumbach, I am a fantastic, nice, victorious, brave, healthy, cute, glorious person who loves writing and wants to share my knowledge and understanding with you.