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Promoted item:50 STATE QUARTER COLLECTION OF MATCHING PAPER MONEY " FAST FREE SHIPPING" ******

50 STATE QUARTER COLLECTION OF MATCHING PAPER MONEY " FAST FREE SHIPPING" ******

    • 3 watching
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From Greece
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From Hungary
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About Collecting Paper Money

Paper money collectors, otherwise known as numismatics, collect paper money and coins as a hobby. People who enjoy collecting paper money are often teased for doing as a hobby what most people do for their work. Still, the study of the history of paper money can yield both tangible treasures and real insight into the evolution of a country's aesthetic, cultural, and moral sensibilities.One curious fact about paper money is that, at least in the United States, over 80 percent of the bills in circulation contain trace amounts of cocaine. This is a result of the fact that the bills that cocaine addicts use to snort their drug get mixed back into common circulation. Trace granules of cocaine pass from bill to bill in cash drawers, much as a cold virus passes from person to person. Don't worry, however, the amount of cocaine on these bills is negligible at best.Over the past decade, the government has engaged in a long and expensive redesign of American paper money. Starting with the one dollar and working up the denominations, the U.S. Mint has released many new designs. The purpose of this printing has been primarily to dissuade counterfeiters. The new money contains watermarks, special threads to indicate authenticity, and ornate, hard-to-copy designs.That being said, when it comes to collecting rare, out-of-print U.S. paper money, be sure to authenticate any truly precious finds. Bill preservation requires careful planning and precision. The chemicals, acids, oils, and dirt found on all paper money can eat away at the bills over time. You don't want to clean paper money too deeply, either, as solvents could similarly reduce the value of the bills.