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<p>[QUOTE="calcol, post: 4314109, member: 77639"]I doubt banks scan coins for ones older than a certain date to return for destruction. It is probably coins that have physical defects and get rejected by sorting machines that go back to the Mint or Fed for destruction. Or not. Harley Spiller in his book, Keep the Change, tells a story about a banker friend and what he does with "ruined" coins and currency. Tellers deposit such items in special containers. Periodically, the banker dumps the containers in a box, then tapes it shut and makes sure it has no identifying marks. Then in the dark of night, he tosses it in a dumpster outside the bank. Says it's cheaper to dispose of the ruined money this way than go through all the accounting, overhead, and shipping to the Mint or Fed.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 4314109, member: 77639"]I doubt banks scan coins for ones older than a certain date to return for destruction. It is probably coins that have physical defects and get rejected by sorting machines that go back to the Mint or Fed for destruction. Or not. Harley Spiller in his book, Keep the Change, tells a story about a banker friend and what he does with "ruined" coins and currency. Tellers deposit such items in special containers. Periodically, the banker dumps the containers in a box, then tapes it shut and makes sure it has no identifying marks. Then in the dark of night, he tosses it in a dumpster outside the bank. Says it's cheaper to dispose of the ruined money this way than go through all the accounting, overhead, and shipping to the Mint or Fed. Cal[/QUOTE]
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