Paper money forums? Anybody collect both?

Discussion in 'Paper Money' started by NateBe123, Jan 4, 2005.

  1. NateBe123

    NateBe123 New Member

    Does anybody collect coins as well as paper money? If so, is there any good paper money forums online?

    I've got a circulated 1950 $5 bill that is in decent shape and it is not centered. I am trying to find out if it would be worth more because of this centering error.

    Also, trying to figure out if the 1963 $10 bill I have is anything special.

    I almost feel sad not seeing the old design of the $5, $10, $20, $50 and $100. They've already changed the $20 2 times since the new big face design. Now the $50 has changed again. I like the added color on the new $50 though.
     
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  3. ndgoflo

    ndgoflo Senior Member

    I collect paper, haphazardly however. Since I don't know much about the subject, I never buy it. I only collect what I find in circulation. So therefore my paper collection isn't much to speak of. Star notes mostly, a few webs, 295's, and some older stuff, back to the 50's & 60's I think. I also collect a District Set from each series, but like I mentioned earlier, it's all from circ. so it ain't in too good of shape. I do get lucky every once and a while and get some crisp consecutive star notes when I cash my check.

    Maybe we could start a Currency Forum here????

    It sure wouldn't hurt to get some knowledge about the subject. The ONE TIME I ever bought a note it was a CSA $500 replica. $50.00 lesson. :(
     
  4. GaryBurke

    GaryBurke Senior Member

    I collect paper money also, however there is really no rhyme or reason to it.

    For example, I had a $1 and $5 note from the teens, and my daughter realized that and bought me a real nice $20 as a gift from the same time period.

    Also, when fortunate enough to go on a cruise to a foreign country, I always pick up some paper money.

    I'm fascinated by our early paper money, but just don't have the funds to do both coins and paper on a regular basis.

    :) :)
     
  5. kaparthy

    kaparthy Well-Known Member

    There is a Banknote Forum on www.coinpeople.com, a board that operates much like this one.

    I am not an active collector of much -- I just write -- but I do maintain several collections of paper money by themes. These are typically inexpensive. They are stored with non-numismatic items in the same theme. For instance the Aviation notes are in a folder on a shelf with my aviation books, charts, etc.

    Aviation (includes Space)
    Writing (Authors, Poets, Printing Presses, etc.)
    Scientists
    Musical instruments
    Private Issues (Community Currency; Mines; "scrip")
    Stocks & Bonds
    Checks (Drafts)

    At the ANA convention in Pittsburgh, I bought a copy of Eric Newman's Early Paper Money of America. If you are interested in U.S. Colonial and Early Federal history, this book provides a lot of documentation. (Some people collect colonial paper by Signers of the Declaration of Independence, for instance.) I also have three of the Krause Catalogs of Banknotes (not the "Specialized Issues") and the basic Friedberg for U.S. paper money.
     
  6. Andy

    Andy Coin Collector

    I love paper money as well. I do not collect it but I do have some very interesting stuff that was passed down or picked up in my younger days. I never studied the subject so I do not know which is worth what but off the top of my head I find the occupational Japanese dollar the most interesting.
     
  7. satootoko

    satootoko Retired

    That's a fairly broad field in its own right. The Japanese Numismatic Dealers Association annual catalogs list a wide variety of notes in yuan, gulden, rupees, dollars, pesos and pounds, together with fractional notes in chiao, cents, centavos, shillings, etc., categorized as Military Notes of the Pacific War, Occupied Territories Notes, and Occupied U.S. Army Notes.

    A closely related numismatic collectible is MPC (Military Payment Certificates). Those were colorful notes in different sizes for every denomination from 5¢ to $20, issued as payment to the troops and affiliated civilians in various war zones. A new issue of MPC could replace the ones in use literally overnight, instantly wiping out the value of any held by unauthorized persons. As a result greenbacks had a much higher black market value.

    The issue in use when I rotated home from Japan in 1955 had a particularly Monopoly Money look to it. :p
     
  8. OldDan

    OldDan 共和党

    I'm a great believer in collecting all the paper money you can find. The purpose is to have enough to afford the coins you really believe in collecting! :rolleyes:
     
  9. ndgoflo

    ndgoflo Senior Member

    :p :D :p :D :p
     
  10. Kyra

    Kyra New Member

    I have a small accumulation of currency that I've gradually acquired while at the bank. (No, not embezzling- collecting! :D ) I have a 1934 $10 that's practically CU, a Red Seal $5, a couple of silver certificates, one RADAR $1, and a few repeaters. I also have a Hawaii overprint note that I found at a coin show a couple of years ago, and an ex-boyfriend gave me some Australian currency that he brought back with him. That's about the extent of it, I spend all day surrounded by currency, after a while it just becomes stacks of paper. Don't get me wrong, I'd like to have more of those stacks of paper than I do, but you know... ;)

    Rachel :p
     
  11. Andy

    Andy Coin Collector

    " That's a fairly broad field in its own right. The Japanese Numismatic Dealers Association annual catalogs list a wide variety of notes in yuan, gulden, rupees, dollars, pesos and pounds, together with fractional notes in chiao, cents, centavos, shillings, etc., categorized as Military Notes of the Pacific War, Occupied Territories Notes,..." Roy.

    Did the Japanese Government plan to occupy Australia during World War 2? Were they so confident that they had gone to the extent of producing their own version of currency to be used in Australia? At that time, Australia used Pounds, Shillings and Pence as its currency.

    The Japanese produced Occupation Money in a variety of notes such as Guilders, Pesos, Dollars and Pounds. The Pound notes had in fact been produced by the Japanese for use in the British Islands of the Pacific Ocean (not including Australia) and adjacent seas, including New Guinea, rather than as part of a "planned occupation" of Australia.

    Philippines Centavos and Pesos
    Malaya, Singapore and Straits Colonies Dollars and Cents
    Netherlands East Indies (now Indonesia) Guilders and Cents
    British Islands in the Pacific and adjacent seas, including New Guinea Pounds and Shillings

    For the record the above is not in my words but a copy and paste, if my words were used I'm sure it would be better said but so be it. I really love this site for I had bills in mint condition laying in a box in my air conditioned closet for years and years and it wasn't till now after reading Roy's post that I did some research on it.
    Below is an example of a 1/2 shilling if anyone is interested it is not mine but almost in as good condition as mine.
     

    Attached Files:

  12. Andy

    Andy Coin Collector

    Oh by the way Dan. Funny stuff. Pretty funny.

    and Kyra, can I have change for a twenty? Just give me sixteen dollars and you could keep the rest.

    Ok it wasn't as funny as Old Dans.
     
  13. badfish

    badfish New Member

    i collect paper money as well, started off with coins, and now both, couple silver certificates, few large notes, and stars. I have looked online for paper forums and havent found much out there. Looks like there are quite a few collectors on this forum.
     
  14. Kyra

    Kyra New Member

    Andy, you wouldn't believe (or maybe you would?) how many times a day someone hands me a twenty and asks for two tens and a five in return. :rolleyes: Some are just absentminded, but some think they're gonna pull a fast one. Little do they know about my friend the axe-man.... :D

    Rachel :p
     
  15. KLJ

    KLJ Really Smart Guy

    I think I read somewhere once that, from a purely intellectual point of view, the economic policy that the Japanese implemented with their occupation money for their conquered territories was pretty good. I think the article said something along the lines of the system properly exploited the territories while still keeping inflation in them and in the home islands under control.

    Personally, I have a few occupation notes (from both theaters, and both sides), and a few other pieces of currency (US and foreign) that I've collected over the years. But it's not a speciality of mine, just whatever happens to come across the counter at me. Most interesting thing I've ever found is a 1996 $20 FRN error.
     
  16. rodsodd

    rodsodd New Member

    I don't know how many Canadians here, but I know of a good Canadian paper money forum which I am a member of. These people are really helpfull in answering pretty much all paper money questions, Canadian, United States, and World notes. I have started a collection of notes, a couple are - 1954 Canadian $1 Devils face error & a 1954 $1 Canadian replacement error. Here is their websight

    www.cdnpapermoney.com

    Rodney.
     
  17. bromac4

    bromac4 Senior Member

    It took me until I had about $300.00 face value in paper to admit that,yes,I do also collect paper money. Thanks for the link. I've added it to my favourites.

    Bill
     
  18. Aidan Work

    Aidan Work New Member

    I too collect banknotes,but I specialise in collecting
    ones from all over the British Commonwealth.I also
    collect British Commonwealth countries' postal notes & postal orders as well.I still collect coins though.
     
  19. Speedy

    Speedy Researching Coins Supporter

    Well now that's neat...I found a 1934 $10 bill too...it was some of my payment for mowing a lawn...sometimes that job is fun...that bad part is it's only for a few months. :rolleyes:
    Other bills I have are--a red $5 note from the bank...the guy saw it and knew that I would want it so he hid it under his desk in his small vault...he does that alot!!!
    And some other old notes along with some $1 silver notes.
    Speedy
     
  20. Aidan Work

    Aidan Work New Member


    The Japanese Occupation notes were used in what is now Papua & New Guinea.Surprisingly,the Aussie Replicas are listed at higher prices than the proper ones.The 10/- & 1 Pound is hard to get in the proper ones.I do not collect the Japanese Occupation notes,as they are not British Commonwealth items.The Japanese also had notes for their occupation of Burma.These are denominated in Cents & Rupees,but the Indian currency was 16 Annas to 1 Rupee.
     
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