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The Canadian penny is being withdrawn from circulation because production costs have exceeded its monetary value.
BBC: Canada stops distribution of penny coin
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The money received for these bonds would have been effectively withdrawn from circulation.
FORBES: Fact and Comment
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The notes will gradually replace the old ones, which will be withdrawn from circulation as they reach the end of their useful life.
BBC: Jersey's banknotes have been given a new look
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Its author, a former lecturer at a Thai university, says that it was later withdrawn from circulation in Thailand, on the orders of the Ministry of Justice.
ECONOMIST: Thailand's l��se-majest�� law
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In 1993, Russia's central bank announced a drastic reform of the monetary system, saying all banknotes issued up to the end of 1992 would be withdrawn from circulation.
CNN: Thursday,
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The best have been withdrawn from circulation.
FORBES: The Social Deterioration of Funny, Floating Money
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If Ben Bernanke, who has been given another turn as chairman of the Federal Reserve, would decisively declare that the Bush era's weak-dollar policy is over and that the Fed's monetary policy will henceforth be guided by commodities in general and gold in particular, the value of the dollar would soar--and without a single greenback having been withdrawn from circulation.
FORBES: Magazine Article