How did you get started with Banknote Collecting?

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Hey Banknote Collectors,

Fairly new to the site and love seeing all the information sharing. Even one trade under my belt so far :). It's unlike other sites I've seen.

 

Personally, I think notaphilists are a rare breed among a rare breeds (numistmatists)… not even sure if notaphilists considered are a subset. Anyways, curious how others got started and why they continue collecting? Also wondering if you collect coins as well, which one you prefer more and the reason?

 

My personally story: I had a small world coin collection with my siblings from when we were young… but I wasn't really serious about it. Just kept adding interesting and novel coins to the collection whenever we visited some place. It wasn't until a couple of years ago my sister gave me our collection which opened up a can of worms. Started with coins but quickly morphed into banknotes. I definitely like banknotes a lot more because of the amount of history, information, variety and colors on the notes themselves.

 

Look forward to hearing some interesting personal stories.

Banknotes possess a certain kind of fascination, no one in the world can deny the charm, the power and the mystery they have. But since it's literally the most expensive hobby in the world so most people don't get too far.

I always wanted to collect them but I have added them slowly so the hobby doesn't become a burden. I don't believe in buying coins and notes but trading it with the extras that I have. It may have slowed down the progress but there isn't a competition that you're taking part in, besides you can't possibly get all coins or notes that you want so going at a safe pace is the right approach.

Anyways, welcome to Numista and happy hunting! 

I just checked your swap list and there's hardly anything from your own country, typically, it's the first point to start off and the easiest to get your hands onto.

My suggestion, should you take it, is to pile up UNC notes of all denominations of Canada and swap them with the native UNC notes of the person you're swapping it with. Soon you will have a fairly large collection.

Started like 3 or 4 years ago. I got a note from the yugoslav wars my parents found in the attic. At that point i wasnt involved into collecting but still thought about doing. Then during summer i found an old yugoslav coin from the 50s while diving and after seeing what kind of design it had it got me curious so i decided to check what stuff people were selling and oh boy, so much stuff with so many interesting designs. I first started with coins with banknotes being a side thing but now its the opposite, because of space but mainly because it has more room for creative designs. Now i have over 130 banknotes and have just recently reached a 50 country milestone. I mainly focus on new countries i dont have but i also buy old notes i have in my wishlist. For coins I buy whatever sticks out to me.

thegamesbond

 

I just checked your swap list and there's hardly anything from your own country, typically, it's the first point to start off and the easiest to get your hands onto.

My suggestion, should you take it, is to pile up UNC notes of all denominations of Canada and swap them with the native UNC notes of the person you're swapping it with. Soon you will have a fairly large collection.

Thanks thegamesbond. Actually, that's not a bad idea. Will definitely be looking into doing something like that. 

 

And you're right about collecting slowly or whatever pace you're comfortable with. It's not a race and everyone has a different criteria, budget and interest. To me collecting banknotes is like life… the goal is not to compare with others, or at least it shouldn't be. There's nothing like looking through your collection and admiring the designs and history.

RobertTGM

Started like 3 or 4 years ago. I got a note from the yugoslav wars my parents found in the attic. At that point i wasnt involved into collecting but still thought about doing. Then during summer i found an old yugoslav coin from the 50s while diving and after seeing what kind of design it had it got me curious so i decided to check what stuff people were selling and oh boy, so much stuff with so many interesting designs. I first started with coins with banknotes being a side thing but now its the opposite, because of space but mainly because it has more room for creative designs. Now i have over 130 banknotes and have just recently reached a 50 country milestone. I mainly focus on new countries i dont have but i also buy old notes i have in my wishlist. For coins I buy whatever sticks out to me.

Congrats on the 50 country milestone. You're definitely right about the room for creative designs. There's only so much you can put on a coin. To each their own, I guess. But I'm with you on the banknote collecting becoming the main thing and coins on the side, lol. BTW Yugoslavian banknotes are some of my favorite. And so much history behind them. 

Congrats on the 50 country milestone.

+1 @RobertTGM!

 

I got started in 1973 (50 years ago) when I took over my brother's paper route.  Our grandpa gave my brother some amazing silver dollars, half dollars, quarters, dimes, nickels & even some Canadian large cents.  The RCM had dropped silver content from their coins 5 years prior but these were what I was after.  Every time I collected from my customers, I would only get new nickel like these 1973 Mountie quarters. I almost never found any silver so it was frustrating trying to collect coins. Small change was all I really could afford to tuck away too. And then this 1973 $1.00 appeared  & I put aside one that was nice and crispy (probably AU).  It seemed like a $100 back then but I managed to hold onto it for a long time.  My brother had hauled out his suitcase full of mouthwatering rarities & showed them off to my dad.  I knew I'd never be able to compete against his extensive collection of silver so I quietly turned to paper! 

 

I never told anyone about my small, growing collection of $1.00, $2.00 & $5.00 notes because I thought nobody collected paper. I was like an uber-nerd & didn't want anyone to know!  Plus I often had to dip into my collection as I was always broke.  The next time I started to add to my meagre signature sets was when I started a p/t job at a downtown carwash in 1978. I went through so much cash that I often came across the 1954 $20 (even though it was the first denomination to be replaced in 1969, it was such a popular denomination that it was easy to come across them 9 years later).  I never found a Devil's Face note though! The next year, I put aside a few crisp 1979 $5.00 notes but I'm sure I spent a few that were EF! I had no idea why they moved the serial number to the back (I preferred the 1972 notes!).  I also had no idea what the serials meant whereas the other ones sometimes had * before their serial number & I was pretty certain these were special.

 

I then forgot about my collection & only dabbled once in a blue moon.  About ten years after I moved out, my mother found my binder of banknotes & told me I better hang onto them or she would spend them.  That was  probably about the same time I went to our central library  & discovered a Charlton Catalogue which I poured through for hours. It was probably the 4 or 5th edition & I recall wondering if I spent any replacement 1979 $5's or a 1954 $2.00 Test note.  Likely not as the odds of getting one were slim to 0.  I even photocopied a lot of the latest BIRDS series pricing panels so I could start hunting for TWOS, FIVES & TWENTIES. I believe I put a few of the best ones I could find in my collection, but again, I would ocassionally extract a note (or 2) for a concert or some such expense. Money was always tight so my collection suffered for it.  

 

I didn't start collecting avidly until 2001, after my dad passed away.  I helped clean up our house & we had a massive garage sale.  I remembered taking in almost a bundle (100) of these 2000 Journey Tens, most of which were in terrible (ragged) condition.  I recall thinking that the inks/paper wore out too easily & that it would be easy to photocopy. Sure enough I started reading articles that in fact the TENS & FIVES were being copied by desktop colour printers left & right.  So, I went to the bank & asked for new ones & started tucking the best (& special serial numbers/tough prefixes) away.

 

I went out & bought my first Charlton, joined eBay & started upgrading the notes I had (for replacements, change overs & special numbers).  I also started to go to the odd coin show & met some other like minded currency collectors.  We started swapping & exchanging observations about what to look out for, where the hobby was headed, etc.  

 

My mother had given me a ½ Dollar from Bahamas but my passion for World currency didn't catch on until after a trip to Europe. So I've been learning about world notes for about 10-15 years & that's been a fun “rabbit hole” to explore!

https://sites.google.com/view/notaphilycculture/collecting-banknotes

For me it started because I would be surprised to find different signatures on US $1 notes. I literally grew up with Series 1995 so any abnormal signatures from previous series just screamed at me. To put it in perspective i was in kindergarten when the series started in May 1995, by the time it ended in March of 2001 i was 3 months away from entering 7th grade! So i basically pulled those different signature notes into my nascent collection of coins (started collecting in July of 1999). Also around that time the US began to phase out the small portrait notes and so i decided i needed to save some for the future and because I really hated the big portrait notes issued. and thus my banknote collection started. 

 

A bit unrelated, personal and silly but all my core childhood memories involve those notes. Going on vacation, to the arcade, buying fast food, flying on an airplane for the first time, first sporting event, friends, crushes etc… The fact that signatures changed and old designs where phased out really keeps the nostalgia fresh. Made more poignant by the fact most if not all were gone as i entered my teen years. 

I started in June 2019 when I got about 30 pieces of old but preserved banknotes from a friend. And since then the collection just grows and grows...

First,I used to collect coins .One day in 2019, one of my friend said he will give me a coin of Brazil(I didn't have any coin from there that time) instead of a note of Qatar. Then i managed a note from my another friend. But the first friend wasn't interested for the swap anymore . Then I kept the 1 Qatari real banknote in my coin box. Since then i started collecting notes and now I'm mainly focusing on my banknote collection.

 

Sabit

I started banknote collecting when I got a Northern Ireland £1 note one day, which I still have. The note is a completely different design to the Republic of Ireland £1 notes, so I kept it. I was hooked, and haven’t stopped collecting banknotes since then!

 

I was collecting coins for a while before then, but banknotes took over quite quickly as the main interest.

 

[Note. Northern Ireland banknotes were in occasional circulation in the Republic of Ireland prior to 1979, along with the odd Scottish and Bank of England note, as the Irish Pound was linked to Sterling at parity].

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