Can You Still Spend A Ripped Dollar Bill?

If 51% of a bill is still clearly present, then venues in America should accept it as legal tender. You can also trade "mutilated" currency in for new bills by contacting the Bureau of Engraving and Printing, even if less than 50% of the bill remains. Their website states that the remaining portion must be identifiable as United States currency, and that "the method of mutilation and supporting evidence demonstrate to the satisfaction of the Treasury that the missing portions have been totally destroyed." The bureau redeems around $30 million worth of mutilated currency each year. Get more surprising facts about U.S. currency below.

23 Surprising Facts About Cash

Everything you need to know about the bills in your wallet.

Key Facts In This Video

  1. Linen makes up 25% of U.S. bills, and actually becomes stronger when wet. 00:50

  2. There are roughly 300 $10,000 bills in existence, and they can be worth up to $140,000 each. 02:57

  3. Most of the portraits on U.S. bills face the same direction (to the viewer's right), with Alexander Hamilton being the only exception. 04:38

Written by Curiosity Staff April 4, 2016

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