The Ruling on Selling Cancelled Paper Currency
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Question:
Honorable Shaykh, what is the ruling on someone who sells old paper currency of the one hundred riyal denomination for new paper currency of the same denomination with an increase, given that the old currency is no longer in circulation? The cancelled currency
Answer:
It is not permissible to sell it, because it has become valueless, so it is not permissible to sell it. In the conditions of sale, it is required that the item sold be wealth, and this is not wealth; this is cancelled wealth, it has no benefit, so it is not permissible to sell it. And this is what people are messing with now, calling it antiques, selling them for the highest prices. They say a handkerchief of Umm Kulthum is twenty million. This is all messing with the wealth of Allah (Mighty and Majestic). A servant is accountable for his wealth in what he spends; this action is not permissible, and it is forbidden. Yes.
Honorable Shaykh, what is the ruling on someone who sells old paper currency of the one hundred riyal denomination for new paper currency of the same denomination with an increase, given that the old currency is no longer in circulation? The cancelled currency
Answer:
It is not permissible to sell it, because it has become valueless, so it is not permissible to sell it. In the conditions of sale, it is required that the item sold be wealth, and this is not wealth; this is cancelled wealth, it has no benefit, so it is not permissible to sell it. And this is what people are messing with now, calling it antiques, selling them for the highest prices. They say a handkerchief of Umm Kulthum is twenty million. This is all messing with the wealth of Allah (Mighty and Majestic). A servant is accountable for his wealth in what he spends; this action is not permissible, and it is forbidden. Yes.
Source
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The Arabic text is a machine transcription of the audio recording.