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If it's cut in half you'd need to present both pieces to a bank for replacement.

Normally you can replace a partial bill only if (a) at least 2/3 of the bill is intact and (b) one of the 2 serial numbers is shown in full. That's to prevent someone from tearing bills in half and separately redeeming each half for a full bill.

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Q: Can you get a new dollar bill if you have one that is cut in half?
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