Posted by forex at 2:35 AM
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1. Examine your damaged bills, checking to see if 50 percent or more of each note is identifiable as U.S. currency. If your currency meets this criteria you can then take the necessary steps to get your bills replaced.
2. If, after you have completed your inspection of the currency, 50 percent or less of the money is identifiable as U.S. bills, re-examine the money a second time. If the method of mutilation and supporting evidence demonstrates that the missing portions of the bills have been totally destroyed, there is a good chance the U.S. Treasury Department will still replace the mutilated money.
3. Following your inspection of the money, any bill(s) that are only soiled, dirty, defaced, limp, torn, or worn will probably not need any special examination to determine its value as long as 50 percent of each bill is still intact. In this case you can take the bills to your local bank to have them replaced. Your bank will, in turn, have them processed by the Federal Reserve Bank.
4. You will have to mail, or personally deliver, the damaged or mutilated currency to the Federal Bureau of Engraving and Printing in the United States Treasury Department if the bills do not meet the criteria in Step 3. Each case is carefully examined by an experienced mutilated-currency examiner.
5. Pack the damaged money carefully in plastic and cotton if the bills have a brittle appearance or seem inclined to fall apart. Use extreme caution so as not to disturb the fragments.
6. Place the package of brittle bills in a secure container.
7. If you found the fragmented or brittle money already in a container such as a purse, old shoe box or pillow case, send the container along with the currency and any other contents that may have currency fragments attached. Pack this container in cotton and plastic, as well.
8. Do not roll or fold the notes if the currency was flat when it was mutilated or when you found it. Likewise, do not attempt to unroll or straighten the bills out If the currency was in a roll when it became damaged or when you found it.
9. Carefully remove any coins mixed in with your currency. You should not include any fused, melted, or otherwise mutilated coins with your shipment.
10. Write a letter stating the estimated value of the currency and an explanation of how the currency became damaged to accompany your shipment.
11. Send your mutilated currency by 'Registered Mail, Return Receipt Requested' to insure the shipment is received by the Department of Engraving.