It depends on how much is torn and if you have both sides. As long as you have at least 2/3 of the bill including at least one serial number it still retains its full value and can be exchanged at your bank for a new bill. So basically whatever bill you have in this case on the $500 if you have part of the bill that makes it to at least President McKinley's nose from either side then it will still be worth $500. Small tears where the bill isn't fully severed still retains its value as well.
It depends on the bank. Some banks require at least 3 corners of the bill. Some require more than 51% of the bill. And some require both serial numbers. It all depends on what bank you go to.
Yes, you can. Torn money can be taken to any bank near you and you can submit it with the bank and request for fresh notes issued. The bank would issue you a new bill that matches the value of the torn note you gave them. Let's say a $50 bill that you have was torn and you give it to a bank, they will give you a fresh $50 bill in return.
There are multiple factors that will play into the value of such a bill... what is the year of the bill (1923, 1924, etc.) condition of the bill, (is it torn, faded, crisp, crumpled, stained, ripped, etc.), how many were printed for that year and series. as for the actual ser no, it should be the only one of its kind.
Take it to any bank they will change it. Value you will get depends on the quality of the bill.
This is currently worth $300 to $600 hundred, basically based on how good or bad the currency is. If its not torn up and is still colorful but not all that perfect, its the lower end. If It is crisp, well centered, clean lines, good color, it will be on the higher end.
No matter how old a 2 dollar bill is, the sad truth is that it is STILL worth 2 dollars.. They are uncommon, but aren't really RARE...
Yes, best to do it at a bank so they can take it out of circulation.
No. Torn bills can only be redeemed if at least 2/3 of the bill is intact, including one of the serial numbers. That's to prevent someone from tearing them into several pieces and getting a full new bill in return for each piece.
$3- $75 3 if its rip torn worn if it never been touched then 75
The bank will replace it if you have both serial numbers complete.
You can. If it is badly damaged, it might be better to take it to a bank and trade it for a new one.
A bank will only replace a bill if it is more than 50% intact with at least two corners as part of that intact piece.
tape them
Condition is everything when it comes to bills. If your bill is wrinkled, torn or has a large crease, it is likely to just be worth face value. On the other hand crisp, uncirculated bills do have a modest premium over face value ranging from $30-40 or so.
Banks are allowed to replace torn currency. However the piece you have has to have the complete serial number and be at least 2/3 of a complete bill. Those conditions are intended to prevent people from cutting bills in half and redeeming each part for the full value.
It depends on the bank. Some banks require at least 3 corners of the bill. Some require more than 51% of the bill. And some require both serial numbers. It all depends on what bank you go to.
Yes, you can. Torn money can be taken to any bank near you and you can submit it with the bank and request for fresh notes issued. The bank would issue you a new bill that matches the value of the torn note you gave them. Let's say a $50 bill that you have was torn and you give it to a bank, they will give you a fresh $50 bill in return.