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Paper currency has become a favorite collector’s item, especially for those who know the value that rare and foreign currencies can have over time. Known as notaphilists, these collectors study different notes carefully and appreciate their art, just as much as their value. If you’re considering a hobby in notaphily, here are several tips for handling any of the treasures you find on your journey.

Do:

Use protective sleeves.

When storing your paper money collection, each note should be placed in its own protective acid- and polyvinyl chloride-free holder. Generally, most collectors use currency holders or albums that already have inert slots for each note to be displayed, typically three to a page. If you don’t have a currency album, look for individual currency sleeves that will securely hold onto the bill while it’s being stored. Using plastic sleeves will help protect each piece of currency from accidental tears or oils from your fingers when you decide to show off your collection.

Store it in the right place.

Displaying your collector’s items is part of the rush. However, to preserve the integrity of each bill and protect them from moisture or heat exposure, it’s best to keep your album locked away in a safe or a dry cabinet that can be temperature controlled. Try to avoid storing your album in direct sunlight as this can fade the colors and make the paper brittle over time. If you need bright light to inspect your notes, use a halogen lamp instead of natural sunlight.

Don’t: 

Handle without gloves.

collector-items-OHWhen handled properly, paper currency has the potential to increase in value with age, which is what makes them such great collector’s items. If you want your collection to last for years and bring the next generation of collectors joy, be sure to handle each note with cotton gloves. Finger and palm oils can damage the bills over time, making them appear worn and faded. When showing your collection to friends and family, make sure they have gloves as well. Taking this extra precaution will ensure your bills last a lifetime.

Try to clean or repair the money by yourself.

If you notice a tear, smudge, or unwanted fingerprint on a piece of currency, avoid cleaning it yourself unless you are trained to do so. Attempting to clean the money by yourself can decrease the value of a bill or your entire collection. It’s always best to have appropriately skilled and trained professionals clean your paper currency. Many bank museums or archival libraries offer this service. You may even find an experienced technician at a local collector’s shop. Find someone you trust to help you restore damaged money.

 

Are you in search of something rare and want to find the best deal, or are you looking to sell you gold and silver for cash? If so, then stop by Collector’s Palace Coins & Jewelry in Streetsboro, OH, for all of your questions and needs. You’re sure to find a little bit of everything in their massive inventory of collectibles. If you’re looking for specific paper currency or jewelry item, call the store at (330) 626-2464. You can also find out more on their website.

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