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Damaged Money (Visit this siteExternal Link to Damaged Money) updated

Currency can become mutilated in any number of ways. The most common causes are: fire, water, chemicals, explosives; animal, insect or rodent damage; and petrification or deterioration by burying.

Under regulations issued by the Department of the Treasury, mutilated United States currency may be exchanged at face value if:

  • more than 50% of a note identifiable as United States currency is present;

    OR

  • 50% or less of a note identifiable as United States currency is present, and the method of mutilation and supporting evidence demonstrates to the satisfaction of the Treasury that the missing portions have been totally destroyed.

    Hits: 14
    Added: Sun Jun 18 2006
    Last Modified: Thu Dec 01 2011

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