What happens to United States coins that are no longer fit for circulation?
Those coins are classified as “uncurrent” or mutilated. Mutilated coins are coins that are chipped, fused, and not machine countable. Mutilated coins are only redeemable through the United States Mint. Uncurrent coins are coins that are worn yet recognizable as to genuineness and denomination, and are machine countable. Uncurrent coins are redeemed by the Federal Reserve Banks, then forwarded to the Mint for disposition. All uncurrent or mutilated coins received by the Mint are melted, and the metal is shipped to a fabricator to be used in the manufacture of coinage strips.
“Those coins are classified either as uncurrent or as mutilated. Coins that are chipped, fused, and not machine-countable are considered mutilated. The Mint redeems mutilated coins at the value of their metal content. Mutilated coins are only redeemable through the United States Mint at: United States Mint P.O. Box 400 Philadelphia, PA 19105 (215) 408-0203 Uncurrent coins are worn, but machine-countable, and their genuineness and denomination are still recognizable. Uncurrent coins are replaced with new coins of the same denomination by the Federal Reserve Banks, then forwarded to the United States Mint. All uncurrent or mutilated coins received by the Mint are melted, and the metal is shipped to a fabricator to be recycled in the manufacture of coinage strips.
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