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<p>[QUOTE=&quot;krispy, post: 939317, member: 19065&quot;]<b>linolncent: </b>I feel that with Paper Money especially and the expenses involved therein, we <i>all</i> have budgetary constraints which we must define individually at the outset. I certainly do and yet have set my goals probably higher than I may be able to achieve. I am learning as I go and the first thing I did, before spending any money on notes was to begin buying books, watching all of the Paper Money threads closely and learning from the more experienced guys here while attempting to grade notes I see others offer up. Trying to grade notes on forums is tough with various image qualities to go by, but it helps to have the more experienced collectors reassure your assessment and to point out things I missed or to more accurately describe things I may have fumbled with. </p><p><br /></p><p>I also search notes that I get from the tellers and even though there are very few that I find not in straps that could be consider approaching Gem Unc., I will use anything I find to fill a hole in my small sized FRN collection of St. Louis Fed District notes that I&#039;m working on. That way I can have something tangible and replace it later when a superb example comes along in my price range. Anything older than what I can typically find in circulation and which I need to bid in auction or elsewhere, then eye appeal, budget and rarity all start to define what I can put in my collection when paying a numismatic premium for notes. </p><p><br /></p><p>I can&#039;t express strongly enough how books have helped me understand what I am doing even before I began trying to collect/buy any notes and how much time and money a simple guide book can save you in your collection budget as well as effort of tracking down some of these notes. Heritage and TeleTrade are also a couple of general auction sites which are very educational for me in this regard. There are a lot of sophisticated paper money web sites as well but that&#039;s for later when you start to narrow down quality and type of dealers you want to work with. </p><p><br /></p><p>I too would tuck that note away, especially if you have young collectors who might benefit from it, even if it&#039;s condition makes it mostly novelty. Great thing is that it only cost you $1.</p><p><br /></p><p>Not sure if you&#039;ve ever seen this or not, but check out the CT thread: <b><a href="http://www.cointalk.com/t98370/?pagenumber=" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t98370/?pagenumber=">District Currency Collectors Group :thumb:</a></b></p><p><b><a href="http://www.cointalk.com/t98370/?pagenumber=" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t98370/?pagenumber="></a></b>[/QUOTE]</p><p><br /></p>

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