There are many things that could happen to worn out currency. Worn out currency can be recycled for new money.
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Your coin is called a half dime. That denomination was issued at a time when a dime was a separate and distinct currency unit like a cent or dollar. As of 03/2009 Numismedia lists retail prices as follows Very worn condition - $46 Moderately worn - $61 Slightly worn - $90 Almost no wear - $200+
The currency act was passed in 1764
The national currency of the USA is the dollar
Office of the Comptroller of the Currency was created in 1863.
Parliament passed the Currency Act of 1764 to take control of the colonial currency system. It banned the printing of any new currency and forbid the use of the old colonial currency. It also stated that Britain had the power to try any smugglers and would enforce the results of the prosecution to their advantage rather than the colonies', advantage.