Sunday, July 11, 2010

World Paper Money Avid Collectors And Dealers

By Amie Lane

World paper money is also called world currency or notes. Cotton paper with a mixture of other textile fibers is used to print the notes. These materials give the note resilience to cope with tear and wear. Every state all over the world has its unique notes.

Most currency has characteristics that are similar. The first similarity is a watermark. This is put on these banknotes before printing and it is a security mark that deters counterfeiters. When the banknote is held up to the light, the watermark can be seen.

A picture of one of the dignitaries of the country like queen or other people of importance is printed on the currency. The picture does not change in some countries. In other countries the portrait may change if the government so wishes.

They have a serial number which is a security device. For every bill, this number is normally unique. Legitimate notes are closely tracked by the government because of this number.

The currency has the issuing authority printed on it. This usually is the authority that is responsible for issuance of money in a state. The denomination is shown too. This indicates the value of the money.

Notes are hard to duplicate because they usually have backgrounds which are intricate and colorful. They also contains an authorized signature. The signature is a stamp of approval which makes the currency official. This stamp qualifies the banknote as a legal tender.

The issue date appears on the front of the bank note. This contains the year of issue, month and day. A bar code is also visible. This is a number that enables fast tracking of individual bills. It also deters counterfeiters.

This clearly shows that one can understand a country a lot by just looking at its notes. The anthropology, geography, mathematics and economics of that country can be learned from its notes among other things. It is therefore not a wonder that a lot of people have started collecting these notes in recent years. Some collect them for fun and for others it is a business venture.

Dealers in paper money are found worldwide. Collectors can buy the notes from them. These dealers have a wide collection of currencies from different parts of the world. They add to this collection on a regular basis. A buyer can therefore choose from a large variety of currencies.

World paper money companies are available online. Some of them have catalogs and price lists posted on them. Those who wish to inquire about a certain currency or to purchase a note can therefore get in touch with them easily through the internet.

world paper money

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