February 11th, 2012 — Canadian Paper Money, Coin Collecting, paper money
Canadian paper money has an interesting history. If many of us were handed an example of the first Canadian paper currency, we wouldn’t recognize its significance. That’s because the first bills issued in Canada weren’t printed bills at all because paper was an expensive and somewhat scarce commodity. In 1685, Jacques de Meulles,the intendant of the French colony in North America, needed money to pay troops. He gathered playing cards, signed them, put his seal on them, and distributed them. He made this card money legal tender and required merchants to accept them. The rarity of these cards today make them highly valuable, so they’re generally only found in museums.
Canadian paper money issued in the 1800s is unique in that different bills were issued by different provinces. The Island of Saint John (later known as Prince Edward Island), Nova Scotia, British Columbia, Newfoundland, Canada and Alberta issued separate bills. All of these monies are rarely available to collectors, including British Army Bills that were issued between 1813 and 1818 as a an emergency because of The War of 1812. They’re all highly valuable and extremely rare, though occasionally Newfoundland bills and some Alberta bills from 1936 become available. Municipal notes, like those issued beginning in 1821 in Saint John, New Brunswick, are also very rare and hard to find.
Bank notes are the most readily available collectible Canadian paper money, though certain specimens are still very difficult to find. But bank issues are the best place for beginning collectors to start, and the best way to enhance an existing collection. Proof and specimen notes do show up in auctions occasionally, but they’re very rare and command high prices. Notes with the lowest serial numbers were usually kept as souvenirs by banking insiders, making them rare and valuable today.
Notes issued during 1837 and 1838 were often distributed by merchants who were sympathetic to the Patriots, because there was a limited amount of coins in circulation. These are great for Canadian paper money collectors, especially those interested in Canada’s history. They’re readily found in online auctions in varying conditions, and while some specific examples might be rare, even these usually spring up and become available at less cost than other rare types of notes.
While they never had monetary value and weren’t technically Canadian paper money, notes issued by business colleges in the late 19th century and early 20th century were used during training. And merchant advertising notes that also had no value, but are also an interesting part of Canadian history, are highly collectible today.
Old Canadian paper money can rarely be found in anything better than fine condition, with most of the older and more scarce bills usually in much worse shape. When looking at money to purchase, certainly the condition is important, but since so much of the older currency is in less than fine condition, a collector shouldn’t pass up the opportunity to purchase even a worn but older and possibly hard to find bill.
Photo Credits: meddygarnet
Originally posted 2008-10-12 14:00:05. Republished by Blog Post Promoter
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February 7th, 2012 — Buying and Selling Coins
If you are jumping into the world of coin collecting or are thinking about expanding beyond your coin collection, you are going to look to paper money collecting. Paper money collecting can be just as interesting and just as unique as coin collecting. With that being said, the world of paper money is completely different than coin money.
There are a couple of things that you want to consider if you are going to debate a paper money purchase. Taking the time to think about these various aspects of paper currency collection and the purchase that you are thinking of making will help you to make the right decision.
The Cost
The first thing that you are going to want to consider when debating a paper money purchase is the cost. You truly need to sit down and think about the purchase that you are about to make and how it will affect your budget. If you do not think you have the money to spend on this particular piece of money, do not do it.
You also want to think about cost in terms of value. You want to look into the actual value of the paper money that you are thinking about buying. You should never overpay for paper currency, as you will find that you lose money on the investment in the long run.
The Rarity
If you find yourself debating a paper money purchase you need to think about the rarity of the paper currency you are thinking about buying. If a piece is incredibly rare and is a piece you have been looking for, you may want to make the purchase right away. If it is a form of paper currency that you find all of the time, you can pass it up and know that you will eventually find it again when you are ready to make that purchase.
Your Collection
It is important for you to think about your entire collection when thinking about a paper money purchase. You need to think about whether or not it is a necessary purchase for our collection, and whether or not it is going to enhance your collection. If you think that the paper currency is not going to add any important value or interest to your collection, why make the purchase in the first place?
You need to take all of these different factors into consideration before you make your final decision about the paper money purchase. You may find that it will be the perfect addition to your collection, or may find that you should not spend the money on this particular piece of money at this time. Be sure to take the time to think about these various factors each and every time you consider one of these purchases. It will help to ensure that you do not spend too much money or make an unnecessary purchase for your collection.
Photo Credits: epSos.de
Originally posted 2011-01-31 03:25:15. Republished by Blog Post Promoter
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January 31st, 2012 — Paper Currency, paper money
Paper currency collecting is somewhat of a lost art, thanks to the incredible popularity of coin collecting. Coins are easier to find and often cost less, a major selling point for those who are looking for quantity over quality with their collection. Paper money is something that can be incredibly interesting to collect and is something you should consider for your own collection.
Take the time to give serious consideration to adding paper money to your money collections. The more that you look into this type of collecting, the more interested you may become in paper currency collection as a whole.
Rarity
The first thing that you are going to notice about many of the paper money pieces that are up for collections is that they are rare. The most popular pieces are rare because of the material the money is made out of. Paper simply does not last as long as metal does, making some of the rarest pieces of paper money incredibly hard to find. Most people find it easier to collect coins, but those who are looking for the thrill of the find will love paper money.
Care
If you are thinking about paper money know that you are going to have to be cautious and careful with your money. While most people are careful when collecting coins, they do not know how to treat paper money. You must be more careful, more precise, and seriously consider the medium of them one. You will not be able to wash paper money like coins and will not be able to store paper money like coins.
Cost
While we have covered the rarity of coins, we have yet to cover how that rarity plays into cost. Paper money is going to be more expensive to collect for two different reasons. First, the paper money simply has a higher face value than the coins. Secondly, the paper money is harder to find. Paper money collecting is more expensive that coin collecting is most cases.
Counterfeits
There are plenty of people who try to run the system by counterfeiting paper money. They create fake copies of this money and often do a fairly convincing job. Those who are untrained often have difficult spotting the real paper money from the fake paper currency. If you want to get into this type of collecting, take the time to research the obvious marks of a counterfeit bill.
Some people do not want to deal with paper money collecting. They feel as if it is too time consuming and too hard to do. Paper money can be somewhat rare, requires more delicate care, and can be expensive. If you take the time to truly think about everything that you could add to your collection, however, you will find that you are missing out on an incredible part of currency collecting. Paper money collecting can be a part of your collection and should be a part of the future of your money collecting endeavors.
Photo Credits: quinn.anya
Originally posted 2011-05-20 03:50:27. Republished by Blog Post Promoter
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January 30th, 2012 — 1925 Coin Penny, Coin Collecting
The 1925 coin penny is the 3rd rarest copper coin from Australia. According to records from their Royal Mint, this coin was struck late in the year to make sure that Australian merchants had plenty of pennies during the Christmas season. When collectors take an interest in Australian coins, one of the first coins they usually try to acquire is a 1925 penny. While it’s rare, it’s not nearly as rare as the 1930 penny so it’s much easier to find to add to a collection.
Evidence shows that if you have a 1925 coin penny, it was one of the over 117,000 struck a the Melbourne Mint. After World War I ended with many more losses and more expense than Australia anticipated, gold was valuable internationally, but the told pulled from Australia’s mines was dropping. This spoke of trouble for Australia’s economy, so a great deal of gold was imported from London in 1925. This gold was chiefly used to make sovereigns in 1925 at the Melbourne Mint. The Commonwealth offered a bonus to citizens bringing in British silver coins in June of 1925. To replace these large numbers of British coins removed from circulation, they had to strike Australian silver coins to ensure good retail trade through the Christmas season, but they didn’t produce nearly as many as they had only the year before.
The 1925 coin penny is sought by collectors, not just for its rarity, but because there are minor die varieties found in the coin. Records at the Melbourne Mint show that they were experimenting that year with dies and the hardening of dies, and it’s believed that these experiments led to the die variations often found in this coin.
The 1925 coin penny is sometimes found today by searching through bulk quantities of pennies, though finding one of these coins in fantastic condition is rare. When they are found, they go far behind the capabilities of the average collector, as the price has often been record-setting at collector auctions.
If you’re looking for a 1925 coin penny to add to your collection, online coin dealers and auctions like eBay are a great place to look. While the great condition 1925 pennies are extremely rare and extremely valuable, it’s not that difficult to find one in worn condition or very used condition. While these don’t look as good, of course, they’re still quite an addition to a serious world coin collection, or a comprehensive Australian coin collection.
When shopping for a 1925 coin penny, you might find a $1 auction and think you’ve stumbled onto a great deal for the coin you’ve been looking for, but read the fine print carefully. Because of the rarity and value of a fine condition coin, some sellers sell 1925 penny replicas for very little money. If you’d like to have a great condition replica, this is an option. But you can probably find a used 1925 penny for a reasonable price, so you might want to hold out for a genuine coin.
Originally posted 2008-10-28 05:00:09. Republished by Blog Post Promoter
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January 23rd, 2012 — Coin Collecting, Foreign Coin Collecting, Foreign Currency
There are some people who try to stick with the currency of their home country when coin collecting. They want the coins that they are looking for to be somewhat easy to find, and are proud of their country and cultural heritage. While this is commendable and can provide a strong collection, it is not the only type of currency you should look into. Foreign currency is an incredible type of currency to collect.
Foreign currency provides a wide variety of options and opportunities, giving you the range that you need to have a professional and interesting collection. Think about foreign currency and when it may be best for you to incorporate this type of money into your collection.
When You’re Bored
One of the best times to start collecting foreign currency while coin collecting is when you are bored with your collection. This is going to open up a completely new genre of collecting for you, helping to breathe life back into your collection. You will start to enjoy collecting again because you have fresh challenges and new and interesting coins to add to your collection. You may even start to add paper currency to your collections, giving you more depth that you collection has had before.
When You Have More Money
Most people will find that foreign currency collecting is more expensive than collecting currency from their home country. It can he harder to people to find coins from another country because the supply is overseas or held in a different country. The prices are simply raised because of shipping and rarity. If you have more money, you may want to consider adding this to your collection. You will have more funds, making it easier for you to add foreign currency to a collection without breaking the bank.
When You’re Traveling
The single greatest time to start collecting foreign currency is when you travel to a different country. You will be able to fill your collection with the current currency of the country, and will be able to find older foreign pieces easily. You will also have an incredible emotional connection to this part of your collection, because it will remind you of your vacation or trip. This is something that you will have to plan in advance for, however, as you will want to spend a decent amount of money at once. You will find rare foreign coins that you simply will not find in your home country when you travel.
For some people, a few pieces of foreign currency are all that is needed to rod out a collection. For others, a full section devoted to currencies from other countries is the perfect addition. Take a look at your collection and think about your coin collecting as a whole. Could it benefit from coins from other countries? Could paper money from other countries add detail to a one dimensional collection? The more thought that you put in, the better that your collection will turn out.
Photo Credits: oceandesetoiles
Originally posted 2011-05-06 09:49:40. Republished by Blog Post Promoter
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January 15th, 2012 — Coin Collecting, Foreign Coin Collecting, Foreign Currency
If you are a serious coin collector you will probably start to look into foreign currency for your coin collecting ventures. There are plenty of coins to be had, both new and old, when looking into foreign currency. Paper currency also plays a large an important role in foreign monies, making for plenty of opportunities and possibilities with your collection.
There are a couple of different things that you are going to want to look for when looking at foreign currency for your own collection. Taking the time to think about coin collecting and this currency will help you to better understand how to collect it and how to obtain it.
Counterfeits
It is important for you to stay well versed in foreign currency counterfeits as you work to add foreign coins and foreign paper money into your collection. It is easy for collectors to fall to counterfeits because they are not familiar with the money. This is not the currency you are used to, making it hard for you to easily identify any potential counterfeits. There are plenty of research sites that will make it easy for you to correctly identify true and authentic foreign currency pieces of interest.
Personal Interest and Intrigue
You need to feel something resembling a connection with the foreign currency that you are trying to collect. You don’t want to get into coin collecting just for the sake of having multiple coins – you want to feel a connection to all of the different pieces that you own. If you are not interested in or intrigued by a piece, do not add it to your collection.
Rarity
There are some pieces of foreign currency that will catch your attention that are currently produced, and others that are rare. Look for rarity as you collect but do not rely on it. Simply understand how rare the price is to have a better understanding of exactly how much the piece will cost.
Cost
Finally, you are going to want to look into the cost of the foreign currency that you are looking into. You want to know exactly how much it is worth and how much you are willing to pay for it. You want to make sure that you are making a smart decision and that you are not paying too much for the coins you are interested in.
It is important for you to look into each one of these different aspects of money collecting when looking into foreign currency. You may decide to stick with coin collecting or may branch out into paper money collecting. You may decide to stick with one particular foreign country, or to open up your collection to the world. There is truly no wrong way to start to approach collecting a foreign currency. You simply need to look for these various things and give serious thought to your collecting before you begin.
Photo Credits: CanadianAEh
Originally posted 2011-05-09 03:14:48. Republished by Blog Post Promoter
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December 19th, 2011 — Coin Collecting
There are a couple of different ways that you can go about a coin collection and paper money collection. Some people pick their theme based on time periods in history, while others try to stick with money from one particular country or region. There are others bring up a great debate: which is better to collect, old money or new money?
It is possible for individuals to have collections that focus on either type of money. If you are trying to figure out the theme for your collection and cannot decide on old or new money, here is an argument for both.
Old Money
Old money is truly steeped in history, providing the coin collecting and paper money collecting world with incredible stories. There are certain pieces of money that were altered in times of war, and more rare pieces that there are few of. The thrill of the chase is something that comes with collecting old money, as you are going to be able to find pieces that are rare and costly. If you are looking for an experience that brings in history, intrigue, value, and rarity, you are going to want to collect old money.
New Money
New money is easier to find than old money, and is often more colorful and interesting than old money. New money, in terms of paper money, features incredibly vivid colors and interesting technology to keep individuals from creating counterfeit money. New money may not have an incredible history, but is readily available to any and all interest in collecting. Even new coins are interesting, with many mints around the world minting multiple versions of each coin. This provides you with plenty of opportunities for collection and makes collecting that much easier.
Both
Those who have trouble deciding on what to collect may want to consider collecting both. Think about trying to collect all of the $.25 pieces that you can find, or collecting all of the $5 bills in the history of a country and their currency. A mix of old and new is going to provide you with an incredible collection, as those who view it will be able to compare the two up against one another. You can collect rare old money while finding cheap and more interesting new money. The most well rounded collections tend to feature both.
It is important for you to pick out a theme for your coin collection, as it makes it easier to have focus during your collecting. With that being said, you do not need to stick to a theme completely. Take the time to think about the type of collection that you want to have but do not hesitate to deviate from your theme and collect the pieces of money that interest you. As long as you are happy with the pieces that you have and are still interested in your collection, you will be fine no matter the pieces that you choose.
Photo Credits: oceandesetoiles
Originally posted 2011-04-18 03:07:34. Republished by Blog Post Promoter
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December 16th, 2011 — Coin Collecting, Coin Value, numismatics
There are a few things that you will be able to enjoy whenever you have a hobby. Among the different things that you will be able to enjoy is the kind of details that are attached to it. This is exactly what attracts a lot of different people to collecting coins. There is a lot that you can learn about the different coins that you will collect including the history of the coin. You will also be able to learn all about the numismatic coin values of the coins that you have in your collection. This will allow you to enjoy your collection even more.
There are a few things which will go into determining the numismatic coin values. You will need to be able to determine the grade of the coin that you are collecting. You will also need to determine the rarity of the coin that you are collecting. Additionally, you will need to determine the recent sale value of similar coins like yours. This will help you in being able to determine what your collection is worth. Remember that just because you determine the value to be one thing, it does not mean that you will be able to get that value whenever you sell.
Get the Grade
One of the most important determining factors in numismatic coin values is to be able to get the grade of the coin. This takes into account all of the different things like wear or scratches on the obverse and different kinds of marks found all over the coins from finger oils and more. The best idea whenever looking to get grades is that you will need to contact a company like PCGS. They will be able to look at everything on your coin and let you know what you will need to know about what the grade is.
Determine Rarity
There is generally a finite number of any coins in existence. A big part of the numismatic coin values is determined by the number of similar coins in existence. This will include the coin in general as well as the different grades which you might be able to find. The higher the grade and the rarer the coin, the more valuable it will be. It is important to find out where on the scale your coin ranks. This will help you to get the value of your coin if you sell.
Recent Sale Values
There are also numismatic coin values which can set by the recent sales which have happened with coins like yours. You can look at these as a way to determine what the market temperature is on your kind of coin. This does not mean that you will have to sell at this rate. If there are things that you can add to the value like history of ownership which can be proven, it can help you to up the amount that you are asking for. You will also be able to make sure that you are getting the most from your collection.
Photo Credits: woody1778a
Originally posted 2011-08-17 09:16:55. Republished by Blog Post Promoter
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November 30th, 2011 — Coin Collecting, world coins
Collecting coins is a hobby which many people enjoy a lot. These different coins will allow you to be able to get everything that you want to have including the different kinds of coins of the world that you will be able to find. Of course, with all of the different kinds of currency out there and the vast history of currency, you will need to know what you are doing so that you will be able to get the best deal possible. These different kinds of coins can include the different kinds of coins from around the world as well as those which are domestic in nature.
When looking to get started with collecting coins of the world, you will need to know what you are looking for. You can learn more about the different kinds of coins whenever you first learn about the culture that produces them. There are also different kinds of coins for every culture that you can collect which will mark a point in history. Additionally, you might want to pay attention to the rarity of certain coins as a result of the history of the culture that they are coming from. This will help you to have an even better collection.
Learn about the Culture
Whenever you are collecting coins of the world, you should make sure that you are learning about the different kinds of cultures that they might come from. This will allow you to be able to make sure that you are able to understand which cultures have been producing coin currency for the longest and which ones have the most history of producing coins which are rare in nature. This will help you to realize exactly which kinds of currency you might want to choose for your collecting needs.
Learn about Their History
Whenever you are ready to get started with collecting coins of the world, there are many different ways that you will be able to get started. One of the ways that you will be able to get started is that you will be able to get everything that you will need so that you can understand the history. This includes everything that you will need to know about the different kinds of things which might have happened which will cause the coins to be rare or to have been eliminated altogether.
Learn about Their Rarity
There are many different factors which can cause coins of the world to be extremely rare in nature. These different things can include wars in which the coins were melted in order to make bullets. It can also include regime changes in which the coins were melted in order to put the face of the new leader on them. There are also time in which the coins might have lost their value and they were simply tossed aside. Learning these different factors which leads to a coin being rare will help you to be able to get even more out of the coins that you are collecting.
Photo Credits: oceandesetoiles
Originally posted 2011-08-01 09:49:36. Republished by Blog Post Promoter
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November 26th, 2011 — Coin Appraisal, Coin Collecting, Coin Collection Value, Coin Value
Collecting coins is something that you will be able to enjoy so that you will be able to enjoy the kind of life that you are looking to enjoy. It is something which can be a fun hobby as well as something which can provide you with a huge profit. It is all about knowing what you are doing so that you will derive as much pleasure or profit as you want to from the experience. There are a few different concepts that you will need to understand no matter what you are looking to get out the collecting that you are involved in. One of these concepts which is highly important is coin valuation.
In order to get to know coin valuation, it is important that you understand the different things which govern how coins are valued. These different things will include the type of coin that it is, the grade of the coin and the rarity of the coin. These different factors will all play a part in what the total interest and value of the coin will be. The more that you know about the coins that you are collecting, the more that you will be able to enjoy the ability to get the most out of your collection.
Discover about the Coin
One of the factors which will determine the coin valuation is that there are many different cultures which have coins as well as periods of time from which the coins come from. These different things will help you to understand whether the coins that you are looking to collect will be something which you will be able to increase the price on once you have them. This is based on the interest that people have in the culture or the time period at the moment.
Get the Grade
Another very important factor in coin valuation is to look at the grade of the coin. The different coins all are judged on a grading scale which has been accepted by all of the different coin collectors. It is a way to look at the coin that you are trying to collect and decide whether it is something which will add to your collection or detract from it. Keep in mind that while a lower grade will not fare well for newer coins, it is expected of the old or rare coins.
Rarity and Value
How rare the coin is will play another huge factor in the coin valuation. This is because the less of the coins that there are out there, the more that people will pay to get it. Those with a really interesting story will have an even greater value. This is why whenever the mint was robbed of the double eagle which was never even supposed to get released and only 5 are in existence that there will be a huge price tag attached to the ones that you will be able to purchase.
Photo Credits: hto2008
Originally posted 2011-07-27 09:33:28. Republished by Blog Post Promoter
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