Collect
for fun and enjoy doing it.
If you are a beginner, do not collect as an investment or for
profit. Just buy or collect banknotes and coins that you like
and enjoy doing it!
Planning
the type of collection you want to have.
Some people only collect banknotes which contain certain images or
assortments. Others strive to obtain collection of currencies from
countries which no longer exist (USSR etc.) Some focus on one single
country while others try to collect from every country. It's all up
to you and your interest. The variety of banknotes and coins out
there is so vast that there is bound to be some category you may be
interested in.
Tell everyone you know
that you are a collector.
Friends and family members will give you extra pieces that they have
collected from trips to foreign countries. Some people may have
friends or relatives from other countries coming to visit who will
bring the respective banknotes from their country in exchange
for the local currency when they arrive. You'll never get
anything if you don't ask, it's always worth asking.
Always start looking
in low denominations or go for inexpensive items.
Rule of thumb - think big but
always start small. Your collection is bound to grow over time.
Always try to
collect in UNC condition.
In many cases, a banknote
that is in less than uncirculated condition will never be worth more
than the face value. The colors on an uncirculated note is usually
more vibrant and the artwork is 'crisp' and
easier to discern. However, for older notes, they are often found in
various degrees of circulated condition. In this case, it is recommended to only buy notes which are visually pleasing.
