Discard currency paper easily

Aug 6th, 2022
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How to discard currency paper

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hey youtubers jb coins here with another video in this video we will give you five tips very important tips on how to protect your valuable paper money and we will cover protecting them storing them and handling them as well but first if youre new to the channel and love coins and currency collecting as much as we do please consider subscribing and when you do hit the notification button the little bell so youll get notified whenever we post a new video go live or have a giveaway also please check our playlist about paper currency worth money which we will link at the end of this video so the very first and very important tip never handle the currency with bare hands many paper money collectors use soft cotton gloves such as these when handling their paper money this protects the surface of the note from fingerprints and natural oils in your fingers or palms that can be damaging to the notes over time some people use nitrile nitrile gloves the black ones remember to handle your pape

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Mutilated bank notes show signs of excessive damage from fire or water, missing pieces, or other forms of deterioration. These bank notes are likely too damaged or brittle to be used for payment, so you can send them to us for redemption. We will examine them to determine the value of your claim.
In the United States, burning banknotes is prohibited under 18 U.S.C. 333: Mutilation of national bank obligations, which includes any other thing that renders a note unfit to be reissued.
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.
It depends on how much of the bill is there. A bill that is 51% intact is still legal tender and must be accepted at its full face value. If its precisely ripped in half, you have a problem, but you can send both halves to the Bureau of Engraving and Printing and they will replace it with a new bill.
With that, you could conclude that yes it is, in fact, illegal to mutilate, cut, deface, disfigure, or perforate, or unite or cement together any bank bill, draft, note or evidence of debt by a national or federal entity.
The Bureau of Engraving and Printing (BEP) redeems mutilated currency as a free public service.
All you have to do is to mail the mutilated money or personally deliver the money to the Treasury Department. When mailing or delivering the money, ing to U.S Treasury, you should add a letter that gives the estimated amount of the money and also an explanation on how the money got mutilated.
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.

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