Do you know what to do to replace badly damaged currency?
The Department of the Treasury, Bureau of Engraving and Printing, redeems partially destroyed or badly damaged currency as a free public service.
Every year the U.S. Treasury handles approximately 30,000 claims and redeems mutilated currency valued at over $30 million.
The Office of Financial Management/Mutilated Currency Division, located in the Bureau of Engraving and Printing, uses experts to examine mutilated currency and will approve the issuance of a Treasury check for the value of the currency determined to be redeemable.