ok so my dad's friend put extra emergency money in the bumper of hs car. (i know pretty dumb to put that money there when he couldve put it somewhere INSIDE his car) anyways, the money is pretty beaten up. like some of it's riped and everything and really dirty. he's going to the bank tomorrow. do you think he'll be able to cash that money in for newer, cleaner, all in one piece kinda money? thanks =]
2007-08-22 14:29:21 · 4 answers · asked by ayyyoooo 4 in Family & Relationships ➔ Other - Family & Relationships
I read between the lines. Put the money back. It is not yours.
2007-08-22 15:10:37 · answer #1 · answered by texas mikey 2 · 0⤊ 0⤋
No, money doesn't 'wear out'. The last time paper money was 'called in' (i.e., people were asked to turn it in to the government, for newer bills) was when we officially went off the gold standard. Those bills were called 'silver certificates', and they were no longer useful for their stated purpose (be exchanged for silver (or gold, if the bearer had enough of it).
Once they collect a lot, I believe that banks can exchange their money for newer bills. But that doesn't apply to private citizens.
2007-08-22 22:05:02 · answer #2 · answered by Levone 4 · 0⤊ 0⤋
Yes. He should be able to take the dirty, beat up money to bank and get some fresh bills.
2007-08-22 21:33:25 · answer #3 · answered by dtosta 2 · 0⤊ 0⤋
Yes, banks do this every day.
2007-08-22 21:38:28 · answer #4 · answered by Jeancommunicates 7 · 0⤊ 0⤋