collecting coins and stamps - collect bank notes

Bank Note Collecting
See Also: Coin Collecting Stamp Collecting Sports Cards		Paper currency has a relatively short history when compared to coins. Paper money was never a terribly popular way of discharging debts nor transporting money. People preferred to do this using gold and silver coins until sometime around World War I when the presence of paper money in circulation seemed to suddenly gain a great deal more tolerance and gold coins began leaving circulation. Paper money consisted mainly of notes payable by a government authority, or notes payable by a private bank. Of the two, the early users of paper money preferred notes of well established private banks since these notes represented actual wealth whereas the government notes represented a lack of it.
The amount of surface area available to engravers with which to fill a design allows often superb works of art to be accessible to everyone of the time. The size and detail possible of the subject matter far surpasses what is possible to show on coins or stamps.
Bank of British North America $1		One distinct advantage is that for most people there is a consistent supply of new material passing through one's hands on a daily basis from which to select worthy notes for inclusion in your collection. Most paper money, while appearing to be an androgynous and identical feature of commerce, actually frequently has many collectible varieties in it, such as differing signatures or scarcer serial
number prefixes, or errors. Paper money also draws appeal because of the fact that colourful collections can be built inexpensively. Collecting the legal tender notes of one's own country makes the downside risk small for the beginning collector starting out by saving circulating notes and cashing them in later if needed. Collections of spectacular colour and range can be assembled of countries who have suffered deep inflation with a relatively small monetary outlay.
Canada $1 1935
		Most paper money collectors attempt to save one of each face different note of their chosen country, or topic, and generally prefer Uncirculated material. Once this has been taken to its practical limit, many collectors would expand by searching for different signature combinations, scarcer serial numbers, or upgrading the condition of their notes.
Often this can lead to a more significant outlay of cash, but at the same time it contributes effectively to the thrill of the hunt, as significantly rare bank notes are enjoying a period of exceptionally high popularity at the moment.
The Canadian $1,000 note now discontinued		Collectors should be certain they understand when notes have been cleaned or repaired, and how it might affect their decision to buy. It is also important to understand what bank note hoards do to the market, and how to use a bank note catalogue to evaluate your buying or selling opportunities.
All Nations Stamp and Coin has knowledgeable bank note persons on staff. Contact David Hamilton or Brian Grant Duff to discuss your bank note options or explain to you matters which are not clear. Interested in Selling Your Collection?
The new Canadian note design