Trading Paper money From around the world

Discussion in 'Paper Money' started by rkelley, Oct 7, 2010.

  1. rkelley

    rkelley Beginning Currency Tradin

    Okay this might be a dumb idea, but oh well no harm done trying.
    I have been collecting for a couple years now and thought it would be cool if maybe I met someone in another country or something and set up a penpal kind of thing where we could trade money from where ever we live. Not a lot of money just a couple dollars or so, just to build our collections. I dont know any feed would be cool. Just a thought.
     
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  3. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Sorry! Live in NY!
     
  4. Dave L

    Dave L Junior Member

    Trades like this happen quite often. I have traded with a few persons, but I don't do much because I do not have many duplicates. I periodically get emails from persons asking to trade, but I usually ignore them and they don't pester me past one email.

    My first trade was with Fernando Uyaguari from Ecuador, who maintains a "Good Traders List" that you might find helpful in locating a person to trade with. Good Luck!


    Here's a link: http://numisecu.tripod.com/_goods.htm
     
  5. rkelley

    rkelley Beginning Currency Tradin

    No Way Thanks Man! I appriciate that!
     
  6. lettow

    lettow Senior Member

    Or you could join the International Bank Note Society which has some 2000+ members worldwide. They have a directory of members that you can use to contact individuals for trades.
     
  7. Dave L

    Dave L Junior Member

    Good point lettow! Can't believe I didn't think of that.

    When I joined I was welcomed with many offers for trading in far away places. When you're trading with fellow IBNS members, you can be much more confident of a good trading partner.
     
  8. Daggarjon

    Daggarjon Supporter**

    the IBNS is an amazing way to meet like minded collectors. I havign been trading with a fellow who contacted me from a foreign embassy. He contacted me first, and was fist to send me notes from his country. I sent him duplicates from my own collection - of which i really do not have many lol. And we were both happy with the trade.

    I have traded with members of this forum alot in the past. There are alot of members from around the world who are willing to take some of their pocket change, and trade it for some of ours :) Also, keep in mind -- just because you live in Texas and someone else might live in new york... there is nothing to stop you from still trading notes - be they foreign or domestic. As long as both partys are happy, thats what i call a successfull trade :)

    DaveL is right about Trust! I have recieved emails on cointalk from folks i have never even seen post. While i dont ignore then, i will reply that i dont know them well enough to venture a trade - unless the initiate with notes first. If they are honest, they agree - otherwise, i never hear from them again. With the IBNS, there are code of ethics involving all sales and trades. While the worst that can happen in a sour trade is getting kicked out - i would be tearfull if that happened. The IBNS helped me meet friend all around the world, and is a great source of information, articles and new note updates.

    I dont mean for this post to end as a commercial for the IBNS, so i will stop here

    just keep in mind, if you solicate a tradeing partner, be prepared to be the first to send notes for trade - if you recieve an offer, its not too much to expect them to be the first to send notes for trade.
     
  9. rkelley

    rkelley Beginning Currency Tradin

    Thank you guys! you have no idea how helpful yall were! I'm young and have basically just started collecting, so im trying to learn where i can you know?
     
  10. Daggarjon

    Daggarjon Supporter**

    most all of us started in a similar manner :) Dont be shy of asking questions if you feel the need!
     
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