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Actually the Bureau of Engraving and Printing will replace damaged or destroyed US currency if they can determine to their satisfaction how much has been destro
by kens 13y ago
Actually the Bureau of Engraving and Printing will replace damaged or destroyed US currency if they can determine to their satisfaction how much has been destroyed. They replace over $30 million of currency yearly. The most common causes of mutilation are are fire, water, chemicals, explosives; animal, insect or rodent damage; and petrification or deterioration by burying.
See http://moneyfactory.gov/uscurrency/damagedcurrency.html http://moneyfactory.gov/uscurrency/damagedcurrency.html
There's also an article with some interesting stories: http://usatoday30.usatoday.com/news/nation/2001/06/2001-06-03-money.htm http://usatoday30.usatoday.com/news/nation/2001/06/2001-06-0...
[I'm not intending this as an argument about Bitcoin, but as something people might find interesting.]
- aestra 13y agoRead a story, man's dog ate several hundred dollars, man fished remains out of dog poop, US government printed man new hundred dollar bills.
- mcherm 13y agoDamaged US Currency can be replaced ONLY if: (1) 51% or more of the bill is recovered (in some form) (2) the serial number of the bill can be identified (Or at least that's what I was told during a tour of a US Mint several years ago.) Money burned up in a fire is not replaceable.