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<p>[QUOTE=&quot;krispy, post: 968696, member: 19065&quot;]<b>Midas</b>, just to be clear, it wouldn&#039;t (at least it <i>shouldn&#039;t</i> be <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />) the &quot;Mint&quot; who was washing <u>notes</u> since the Mint handles <u>coins</u> and <u>not</u> <i>paper money</i>. Nor<i> should it</i> have been the BEP who print US currency but do not handled currency coming back to them. </p><p><br /></p><p>More than likely, since the inception of the Federal Reserve banking system, it would be the Fed, at one of its branches, who deals with the currency sent back to them from the banks, for destruction of damaged notes, removal of fakes and returning those it deems acceptable for circulation. </p><p><br /></p><p>I&#039;m curious if there is anymore information or a source that can be provided about this washed currency scheme, especially in light of the story about how much currency was found to have <a href="http://news.nationalgeographic.com/news/2009/08/090816-cocaine-money.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.nationalgeographic.com/news/2009/08/090816-cocaine-money.html" rel="nofollow">trace amounts of coke</a> clinging to them, thus <i>un-washed</i>.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Regardless, if the notes had been circulated, washed and returned to circulation, the chances a collector is going to select these for their collection in such an advanced circulated state, lacking original paper quality, it is not very likely as the collector should be able to detect such wear, as should a TPG if a note were submitted for grading.[/QUOTE]</p><p><br /></p>

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