When Money Is Damaged or Wears Out.
Even though United States currency is strong and durable, it
does wear out with constant handling.
All currency in circulation is routinely deposited to
Federal Reserve Banks by commercial banks. Worn notes are
systematically destroyed by Federal Reserve Banks during
ordinary currency processing. The destroyed notes are
replaced by new currency provided by the Bureau of Engraving
and Printing. The note most frequently replaced is the $1
denomination. There are over four billion $1 bills in
circulation, and the life expectancy of each is
approximately 18 months. Since larger denominations are
handled less, they last longer.
When a note is partially destroyed, the Treasury Department
will replace it if clearly more than half of the original
remains. Fragments of mutilated currency which are not
clearly more than one half of the original whole note may be
exchanged only if the Director of the Bureau of Engraving
and Printing is satisfied by the evidence presented that the
missing portions have been totally destroyed.
Damaged or mutilated notes should be taken to a bank for
redemption. When partially destroyed currency is of
questionable value, the fragments should be sent by
registered mail to the Department of the Treasury, Bureau of
Engraving and Printing, OCS/BEPA, P.O. Box 37048,
Washington, D.C. 20013. The Bureau of Engraving and Printing
can be accessed through the Internet at
http://www.moneyfactory.com
General
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Participating countries
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Security
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Whose
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Who
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the
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word
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Why
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and
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people?
Do
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actually
exist?
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Euro
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Coins Dollars? - Dollar
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When Dollar Is Damaged or
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Bank
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What is a Bank Notes? -
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Hystory Bank Note -
Banknotes in Europe -
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Paper money
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