Ironing Paper Money?

Actually no, you agreed with me. your missing the point...... " They are permanently changing the originality of the coins for all eternity "

I love the fact that people are doing this to contribute the money to further improve numismatics and those who are a part of the community of coins, the thing is, they aren't trying to pass them off as something original, they aren't saying " this coin was never messed with, it's as if it came out of the mint " . With an ironed note on the other hand, it's very likely that someone who is just getting into the hobby, will not know how to spot one of these, go to show it to a buddy who collects, presto chango , the buddy informs him he has a doctored note, it's worth about half of it's ORIGINAL value... " well, that sucks.... I think i'll go back to building model cars " .

 

Log in or Sign up to hide this ad.

LOL It's been a long time since I have baked me a nice 2.00 cookie , my bad

 

Oh come now sir. These old FRN's arent worth much above face anyways unless they are in CU condition. They are still fun to keep and that is aside the point. Now take a look at this $10 note. When I got it it was all folded up and bent upwards in two places when I layed it down. Now I have ironed it and it is nice and smooth. So what if it is flat? You can hardly tell the difference if at all. Looks wonderful now like it got a who new make over but it looks so original and peaceful now!

 

lol one more question before I let go of this discussion, i've made my point clear, rather the guy wants to follow my advice or yours is up to him....

"You can hardly tell the difference if at all"

If you were to sell the note tomorrow, would you tell the person your selling it to that you ironed it? Or would you keep that little fact hidden? You don't have to answer, just think about it.

 

I don't see the problem either way with it being ironed!!!!!!! You act as if it is some coin that I poured vinegar and paint varnish all over! It looked 3x worse before I ironed it! I dont see what your problem is sir!!!!!!!!!!

 

Is that a burn mark on the bottom left or is it a stain? Just curious

 

This is the point. It does not "improve" the condition of the note - it only masks the original condition. It is the same as cleaning a coin. It LOOKS better maybe, but it is no longer original. Paper money collectors feel the same way about ironed notes as coin collectors feel about dipped coins.

And get over you obsession with coin carving.

An 80+ year old coin is no more entirled to preservation than a 1 year old coin - neither will ever be minted again. If there are plenty around, then carving a few up is not an issue. The points have all been made, but you ignore them.

A work of art or yet another 1921 Morgan Dollar which is just like the 10,000,000 others that are out there. Hmmmm. Not a tough decision.

 

You're contradicting yourself there sir with your feelings on ironing notes and carving coins. It does not look like a burn mark to me. The note was printed in 1986 and I found it late last year so I'd imagine it's not gonna look BEP print fresh hehe.

 

Excuse me for a second while I butt into the thread I started... j/k

I didn't mean to cause such a controversy. It all boils down to this:

(1) If I iron the note, I get a better-looking note with lower resale value.
(2) If I don't iron the note, I get a note with higher resale value that doesn't look as nice.

For the sake of [not] arguing, I think I'll keep my choice to myself. I appreciate both sides of your arguments and your taking the time to contribute your opinions to my questions.

Thanks.

 

I would frankly pay more for a nicer looking note. You couldnt really tell a note has been ironed unless the person who did it told you. Keep the heat real low and go for it!

 

If someone did that to me, and I found out later, they would no longer receive my business

 

You can. Your note is obivous since it's already been well circulated, and oviously shouldn't be flat.

I don't really collect notes, but with coins, if offered a cleaned EF coins that I needed, I'd offer VF money. Simple as that. I'd still buy it, but at a discounted grade as the piece has been altered.

 

I write the "Intenet Connections" column for the ANA Numismatist magazine. I have been the international editor for Coin World. I know for a fact that if you iron a note and show it to anyone who knows anything about paper money, they will take one look at it and say "Ironed." You can fool someone on eBay with a scan, maybe. An ironed banknote is faded. The edges are no longer sharp and firm. The intaglio has lost its definition. The surface is flat. However, the originality of that flatness is denied by the other details. Someone who really knows paper will smell the note and they will smell your iron on it.

An ironed note is an ironed note and nothing else but an ironed note.

 

Oh come now people it looks aton better than before! Besides this note is not worth much of anything above face value anyways. If you guys saw what it looked like when I first got it I bet you would change your minds. I wouldn't want to have a note all crunging up in an album and I don't think you guys would either.

 

I do--My paper money (The little I collect) is all just like the way I bought it.
It is the same thing as cleaning a coin--its bad that that is all there is to it.

Speedy

 

...really wish I took a picture of it before I ironed it. This is different than the category of coin cleaning.

 

I saw a Coin Laundromat today. I'll find out if they clean notes also.

 

lmao

 

Just curious, how many years have you been into numismatics? Granted I haven't been into coins for very long, and paper money even less.... But, i'm just curious as to when you started, have you read any literature on the subject at hand?