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How to Collect Banknotes

Currencies are popular collector's items because there are thousands of currencies that have been circulating around the world for years. Many collectors choose to collect paper money for their visual appeal, cultural significance, and monetary value. Numerous ways paper currencies, or banknotes, can be found, collected and organized. Anybody with a curious interest in money and other cultures can easily start and maintain their own collection of banknotes.

Instructions

    • 1

      Decide what kind of banknotes you want to collect. There are varieties of paper currency available for collecting. Many collectors decide to collect banknotes according to country or historical time period. You can categorize your collections, for instance, by collecting U.S. banknotes from the 1940s or by collecting paper currencies from Asia.

    • 2

      Tell your family and friends that you are collecting banknotes. Relatives and colleagues are useful resources for beginning a banknote collection, since many people tend to have leftover currencies after traveling abroad on business or vacation.

    • 3

      Visit a local antiques shop. Since many banknotes are considered novelties and have historical importance, some antiques dealers carry paper currencies of interest in their inventories.

    • 4

      Search for a local banknote dealer, particularly one that abides by the ethics standards of the International Bank Note Society. They offer various banknotes from all over the world and also sell bundled sets of banknotes for aspiring collectors.

    • 5

      Store your growing collection of banknotes in a manner that allows you to safely retain the paper notes and display your currencies at the same time. Plastic holders are commonly used for storing and displaying paper banknotes because they are clear and protective.


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