Money, damaged (damaged money)

Unless otherwise defined, banknotes that are no longer negotiable due to mechanical or chemical influences. The Deutsche Bundesbank maintains a separate department in Frankfurt that attempts to reconstruct damaged euro notes for consignors – that is the technical term. Even with burnt money, reconstruction is often possible; because lines and characters are worked into every banknote, which can often still be recognized in the ashes. – The shrink-wrapping of banknotes in foil for jewelry and gift purposes, which has become popular in recent years, means that the banknote cannot be removed from the melt. The central bank does not provide compensation for such wilful destruction of money. The central bank also generally does not redeem banknotes that have been processed into items of clothing – especially pants and hats – and usually lacquered for this purpose. – See ejector money, money pants, money hat, squeezed, reconstruction, security strip, fitness for circulation. – Cf. Deutsche Bundesbank Monthly Report, January 2011, p. 23 ff. (detailed account of banknote recycling).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/