WHO PAYS FOR MUTILATED CURRENCY REDEMPTION? Public Deposited

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  • The E-Sylum: Volume 9, Number 41, October 8, 2006, Article 25

    WHO PAYS FOR MUTILATED CURRENCY REDEMPTION?

    Inspired by last week's item on the painstaking process of
    reconstructing mutilated currency for redemption, Arthur Shippee
    asks "Who paid for its recovery?"

    [Good question. It's Uncle Sam who pays. I've never heard of the
    submitter being charged a fee. I confirmed this with Bob Leuver,
    former head of the BEP. He writes: "I never thought about it. To
    my knowledge we never changed for the service. It was simply a
    service of the Treasury Department.

    You know, the Federal government performs or provides many
    services such as currency recovery without charging." -Editor]

Source URL Date published
  • 2006-10-08
Volume
  • 9

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