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Mutilated currency is a term used by the United States Bureau of Engraving and Printing (BEP) and the Bank of Canada to describe currency which is damaged to the point where it is difficult to determine the value of the currency, or where it is not clear that at least half of the note is present. Common causes of damage are fire, water damage ...
The Mutilated Coin Redemption Program is a program of the United States Mint that allows holders of damaged United States coins to exchange them for usable money.. Some clients redeem large quantities (tons) of coins that are recovered from scrapping, vehicle recycling, and car shredding operations overseas.
The asterisk, or "star" following the serial number indicates this is a replacement note for one that was misprinted or damaged in the printing process. A replacement banknote , commonly referred to as a star note , is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities ...
One exception was Hodges' Bank Note Safeguard, a bank-note list sold for two dollars which claimed to be "the only work ever published giving correct delineations and fac similie descriptions of all bank notes". [3] Another work, the Autobiographical Counterfeit Detector, printed facsimiles of the current signatures of bank presidents and ...
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If damage occurs at the mint after the minting process, for example in subsequent automated handling, it is still considered post-mint damage. Corrosion, scratches, bending, and dings can all occur to coins in circulation and sometimes may mimic mint-errors.
A banknote or bank note [1] – also called a bill (North American English) or simply a note – is a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand.
[45] [46] [47] The exchange of banknotes was stopped completely on 25 November, although the government had previously stated that the volume of exchange would be increased after that date. [48] International airports also facilitated an exchange of banknotes for foreign tourists and out-bound travellers, amounting to a total value of ₹5,000 ...