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Trade burnt coins? DNB not enthusiastic | Money

The entrepreneur from Leeuwarden buys euro coins of ten and twenty cents in Hong Kong or other Chinese cities that have been trashed in the incinerator. After cleaning, he hands them in to De Nederlandsche Bank (DNB). Three quarters of the load of coins is reimbursed. The other quarter has become so bad that it can no longer be put into circulation, according to DNB.

Serious money

Smedema also wants compensation for this, however. “It’s money. If DNB does not have to pay anything, they can put it in their own pocket. ” The Leeuwarder wants a ruling on this from the Council of State. It’s about serious money, he says.

The Dutch Central Bank states that the quarter of the load of coins that is rejected has become too bad due to the cleaning process and the high temperatures in the incinerators. According to Smedema, this is not evident. The coins may also have been damaged before going into the incinerator.

The Council of State will make a decision in six weeks.

Trade burnt coins? DNB not enthusiastic | Money
Source link Trade burnt coins? DNB not enthusiastic | Money

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