The Life of an Unfit Note: How Federal Reserve Banks Destroy Currency and What They Replace It With
Every year, billions of worn, soiled, and damaged Federal Reserve Notes are pulled from circulation and systematically destroyed, replaced by freshly printed currency from the Bureau of Engraving and Printing. Understanding this destruction and replacement cycle reveals why certain low-print-run replacement notes, known as star notes, are among the most sought-after pieces in modern currency collecting.
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