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<p>[QUOTE=&quot;Troodon, post: 442862, member: 4626&quot;]Well that is the exception, I admit (honestly forgot about that one!)... though one can argue that any bills the Treasury destroyed are not legal tender either, and that cancelling these notes is the equivalent of destroying them (actually, marking them to be destroyed later, in theory), so in a way it&#039;s not precisely an exception to the rule... (shredded notes are not legal tender either... these could be said to be notes that were meant to be destroyed that they simply hadn&#039;t got around to destroying yet.)</p><p><br /></p><p>The cancelled notes are technically not legal to own, because they are deemed destroyed... though ones thrust out of the building during the 1935 fire have ended up in public hands, and the Treasury hasn&#039;t bothered to seize any (though they have the legal right to do so).&nbsp; It&#039;s the equivalent of several coins of questionable legality (ie., the 1913 Liberty nickel) which the Treasury has chosen to turn a blind eye to.&nbsp; Since they were cancelled anyway the Treasury hasn&#039;t bothered to pursue the matter.&nbsp; They&#039;re pretty pricey today, but can still be had for less than face value, since the bills have 0 nominal value due to being cancelled.[/QUOTE]</p><p><br /></p>

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