Originally published at: https://boingboing.net/2018/07/02/if-your-money-is-mutilated-th.html
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Thus paper money. But what about coins? According to US Bureau of Engraving:
“Any fused, melted, or otherwise mutilated coin should be sent to the United States Mint for evaluation.” [Source]
Sending worn pennies to the Mint is more trouble that I care to take on.
I am, nonetheless, one of those people who will, upon finding a penny in public, invariably pick it up. Some of these “rescue pennies” have been repeatedly run over in the street, reducing them to faceless discs. The coin-counting machines at my credit union sometimes balk at my offerings …
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One of my favorite factoids about US Currency is that no bill has ever been cancelled. A $5 note issued in 1873 is still valid currency. Take a $1,000 note to the bank, and they’ll give you change. A $2.5 gold piece will always be worth $2.5 (at least). Sure, the collection value is no doubt worth much more in most cases, but I had an old 50 French franc bill from the 1970s when I was in Paris in the mid-1990s, and I swear I thought they were going to call the cops on me.
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I’ll just leave this here.
edited to add: ISTR that it was a red-seal United States Note rather than a green-seal Federal Reserve note, which even fewer people are familiar with.
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Why would Republicans permit this to go on? Your miserable hundreds are of no use to real Americans. It must be hidden under Mount Weather or somewhere.
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I might have to confirm but I was also under the impression that all you need to get a bill replaced is to have at least 51% of the bill that’s been damaged
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Good luck trying to redeem your Hawaii Silver Certificates!
Generally, though, with old money the bank teller gives you face value from their own wallet, then it’s off to the coin dealer to make a profit.
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She’s in good company: http://webencore.blogspot.com/2006/11/2-bill-incidents.html
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If there’s ever money with Trump’s head on it …
“Sir, how do you get a bill with the middle third missing?”
“I know, right? Can I get this as Franklins instead?”
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What if it was mutilated by spending it?
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I have this whole stack of bills that are all damaged in the same way…
They all have one too few zeros in the denomination.
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i couldn’t help notice that of all the people sorting through the money and painstakingly putting it all back together were not caucasian, while the dude with the office job doing all the talking was.
think that fits the republican plan quite well…
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Redeeming mutilated coins from the junked cars imported from the US is apparently a significant source of income for recyclers based in China. They were sending so many coins to the US Mint that there was a major investigation to determine if the coins were counterfeit, and there were claims that they had redeemed more half dollar coins than the US ever minted in its history, and that the returned coins contained elements that were never used in the minting of circulating US coinage.
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Just another way that US Treasury Gift Certificates are better than those of most other store brands.
With ordinary gift certificates, not only do you have what is basically scrip; it tends to come with an expiration date (if paper) or ‘service fee’ (if plastic’ and the replacement policy is ‘LOL’.
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I think that has more to do with the (similarly expiration-resistant) position that having money, like a real person, is an intrinsically uppity behavior; to be afforded some limited tolerance in the case of celebrities and sportsball experts; but otherwise deeply suspect.
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