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In the US, there is no such thing as "out of circulation". All coins issued since the Mint started minting is legal tender, thus cannot be melted by people. I
by jmclnx 1y ago
In the US, there is no such thing as "out of circulation". All coins issued since the Mint started minting is legal tender, thus cannot be melted by people.
I do not know about Paper Money, but I am 99.9999% sure all paper currency issued by the Federal Gov. is Legal Tender. But IIRC, some are illegal to own, like the 100,000 note.
- palmotea 1y ago> But IIRC, some are illegal to own, like the 100,000 note. Is there a law against it, or just the fact that they were never circulated so any $100,000 bills in private hands must be stolen property?