|Question: What types of
banknotes should I collect?
collectors choose to collect one note from as many countries as possible, while others
may choose to specialize in a particular country
or region. You could even collect a particular
theme or topic, such as banknotes with ships,
trains, birds fishes, boats or even nudes
depicted. More advanced collectors start
collecting error notes, misprints, notes with
funny serial numbers such as: 111111 or 000001.
||Question: I have a banknote
(or a paper money collection) that I can
not identify, because it is printed in a
language that I don't understand and the
letters on the note(s) seem to be
different from latin or some kind of
strange characters or hyeroglyphs. How
can I find out it's(their) value and
possibly to sell them?
Answer: You have to
describe the banknote(s) in DETAIL, every
detail is important and you have to scan
it's/their image in JPEG (.jpg) format in
order to show the banknote(s) to us (or
send a xerox copy or an original by mail
to us). To do that the following page
will help you: Banknote Appraisals (Evaluation).
Question: I have a Five
Dollar/Mark/Franc (etc.) banknote dated 1900
(example), what's the value of it? Are you
interested in buying it?
Answer: That is the kind of
inquiry that needs much more detail in order for
me to respond to it. Please read the above
(previous) answer and go to: Appraisals and/or Offers.
I'm at this
page now: http://www.banknotes.com/fr.htm (example) and I'm
interested in buying some of these banknotes, but
I do not see any price listed on there. Are these
items for sale?
Answer: You are actually at our Photo Gallery (Currency
Any items displayed on our Gallery/Museum pages
are not for sale. To view what we have for sale
please go to our Text Pricelist or to our Store (shopping cart). Simple
rule: if there is no price displayed - the item
is not for sale or it has been sold (out).
these real money or reproductions that you're
Answer: All the banknotes
plastic currency) on this web site are genuine
real currency and genuine real collectible
banknotes (not reproductions) unless
Question: What is my banknote worth?
Answer: Please visit: Banknote Appraisals. I am unable to give
answers via email or via telephone. You'll have
to pay to get your bank note appraised. That way
I'll make sure I don't get flooded with too many
requests for free appraisals, since I have a lot
of other work to do to provide you all with more
and more beautiful images and exhausting
information on many thousands of fantastic
banknotes from all over the world.
Question: I don't need an appraisal,
but I'd like to know whether the banknote(s) I own has/have any value (no proper form submitted).
Answer: The fact that you are
asking this question means that the stuff you
have in your possession is valuable
to you; otherwise you would have thrown it into a
rubbish bin. You can either keep it
or give it away. Never throw anything into the
trash unless you are going to recycle
it. Any banknotes you have, always will
have some value, be it
$0.05, $1, $10, $100 more or less. So, if you are
not willing to spend time and effort and present your
holding properly, so we can have enough
information to be able to
give you our estimate, then there is no need to
Question: What books could
you suggest for a beginning and/or advanced
collector of world banknotes?
Answer: Please click on the
following link to view and buy most popular books
for a beginning and/or advanced collector: Bookstore.
Question: How do I grade
Answer: Grading information is
located at the following page: Grading.
are Replacement Notes?
Answer: They are notes
issued to replace damaged
notes. The usually have a
star, asterisk or special
prefix in the serial number
to indicate that they are replacements.
Due to their scarcity, they can
command a significant
premium over the regular
Question: What's a Specimen
Answer: It is a sample note,
usually with a special serial number (usually
all-zero serial number such as 000000) and an
overprint or perforation with the word
"Specimen" in the language of the
country of origin. They are usually distributed
to banks, treasuries and law enforcement agencies
to familiarize them with newly issued currency.
They are not intended to be used as actual
Question: What are known
reproductions of US colonial, confederate,
obsolete and other paper currency?
Answer: Paper money reproductions
are also known as BOGUS, FAKE, COUNTERFEIT
banknotes. Here are two internet pages listing
some of most well known repros (USA only). These
links will lead you away from my site so don't
forget to bookmark this page or to remember
Known Reproductions: http://www.ronscurrency.com/rcbogus.htm
Question: What is Seigniorage?
Answer: Seigniorage is the difference
between the face value of the currency note or coin and the cost
of printing or minting.
||Question: I have discovered
a lot of paper money on my grandmother's
attic. They seem valuable to me, but I
know nothing about them. Where can I get
Answer: To appraise your
paper money please go to the following
page: Banknote Appraisals.
Question: What are the names of the
famous people depicted on various denominations
of U.S. paper currency?
Answer: 1 dollar note depicts George Washington;
2 dollar note depicts Thomas Jefferson;
5 dollar note depicts Abraham Lincoln;
10 dollar note depicts Alexander Hamilton;
20 dollar note depicts Andrew Jackson;
50 dollar note depicts Ulysses S. Grant;
100 dollar note depicts Benjamin Franklin;
500 dollar note depicts William McKinley;
1000 dollar note depicts Grover Cleveland;
5000 dollar note depicts James Madison;
10000 dollar note depicts Salmon P. Chase;
100000 dollar note depicts Woodrow Wilson.
Question: Is there an international
banknote collector's club or society
that I could join?
Answer: Yes, please visit the
following page: IBNS.
What is intaglio printing?
Answer: Printing plates
are covered with ink
and then the surface of each
plate is wiped
clean which allows the ink
to remain in the
design and letter grooves of
the plates. Each
sheet is then forced, under
pressure (estimated at 20
tons), into the
finely recessed lines of the
printing plate to
pick up the ink. The
printing impression is
three dimensional in effect
and requires the
combined handwork of highly
steel engravers, and plate
printers. The surface feels
slightly raised. This process
is called intaglio printing.
Question: How can I start my own
collection of world banknotes from a scratch and
at a low cost without spending many days and
weeks collecting one banknote at a time?
Answer: Please consider purchasing
a "beginner set" on the following page:
Sets. Info: The IBNS Introduction to
Question: What are the guidelines
for sending you a banknote offer?
Answer: Please click here to view detailed info on
how to offer bank notes to us.
Question: What are the dates of the
end of redemption periods for majour European
Answer: End of
redemption periods *
* last day
of redemption at national central banks
How do I clean a bank note?
Answer: Cleaning, washing or
pressing paper money is generally harmful and reduces both the grade and
the value of a note. At the very least, a washed
note may lose its original sheen and its surface
may become lifeless and dull. The defects a note
had, such as folds and creases, may not
necessarily be completely eliminated and their
telltale marks can be detected under a good
washed notes may have white streaks where the
folds or creases were (or still are). Processing of a note
which started out as Extremely Fine will reduce
least one full grade. Glue, tape, or pencil marks
may sometimes be successfully removed. While such removal
will have a cleaned surface, it will improve the
of the note without concealing any of its
defects. Under such circumstances, the grade of the note
may also be improved. One should not iron a bank note to remove creases and
folds. The heat can cause the colour of the note
to change or flow and thereby
destroy patterns. Folds and creases are part of
life of a bank note and should
therefore be accepted as such. Any kind of tape
should not be used in repairing a
banknote. Chemicals that are used on the tape can
damage the banknote and its grade
will be severely reduced or even make it
worthless. Ink and stains can sometimes be
removed by using soap, water or alcohol. The
treated banknote has to be be
washed with clean water after any treatment.
Afterwards it should be dried, which can
be done by pressing it between paper sheets (in a
book). Now when it comes to
professional bank note cleaning and improving
techniques we are not a
good advisor to you since we do not clean, wash, press
or improve any banknotes in any way other
than straightening bent corners and folds with a
finger and naturally
"pressing" the notes in holders while
they are stored in a stock box.
||Although we do occasionally
sell some banknotes
that have been already
restored etc.) by someone else.
experts, called paper
should repair paper money.
Question: We need certain banknote
scans at a high resolution (300 dpi) for our upcoming
publication. What's the procedure?
Answer: Please email us a list of codes
(example: AF-70) of the
banknotes from our A-to-Z pricelist (not from
gallery!) including the time frame you need it
done by and I will get back to you. Please note
that we charge you for our time and labour spent
scanning the images. We do not sell the images,
we charge for our time and the intangible service
you receive. Total cost of scanning and providing
the images on a server depends on many factors.
Alternatively, in exchange to our time/labour you
are welcome to give us a credit by providing a
credit to "Banknotes.com" in your book,
publication or as a link on your website. Please
note that our digital images/scans are our
property, but the physical banknotes depicted on
Banknotes.com are not necessarily our property
(especially some of the images in our Gallery that have
been sold or traded with other collectors).
Question: Why most banknotes bear
signatures on them?
Answer: In the past, many
countries required that all issued banknotes be
hand-signed by at least one authorised person.
This requirement was in force even before banknotes were invented.
When an obligatory document was created (as
equivalent of paper money), which
specified certain financial obligations between
the parties, it allowed the transfer of
the financial obligatory document (which was
signed and sometimes sealed) to a
third party. Thus, the obligation became legally
||Question: What is your
telephone or fax (facsimile) number?
Answer: Currently we do
100% of our correspondence and support
via email. Once you place your order on
our online shop (store, shopping cart or
basket) you will be provided our
telephone and a fascimile number. You can
also request our tel/fax number via
email. Please note that our telephone and
fax is on the same line (number) and in
order to send us a fax (facsimile) you
will have to phone (call) us first or
simply send your fax after the
autoresponder (voice mail) message is
finished. Please note that our telephone
line is only for order-related
questions and if you wish to talk to
me personally, please email me first to
arange a phone conversation. Please do
not call too early or to late. Best time
to phone us is between 10:00 (AM) and
21:00 (9:00 PM) GMT.
Question: Can you appraise
(evaluate; tell me the value) of a single
banknote or coin or a collection of mine over the
telephone or fax?
Answer: The answer is - definitely
not. Please go to "Banknote Appraisals" (we do not appraise coins) page to
get your item(s) appraised.
Question: Do you buy world
banknotes? Can I sell to you?
Answer: Yes, we do buy all kinds
of world banknotes (paper and plastic currency). Please click here to view detailed info on
how to offer bank notes to us.
Question: Do you buy or sell slabbed
and "certified") banknotes?
Answer: No, we do not.
The reason being often inaccurate, unreliable,
sometimes careless services that slab
(encapsulate in thin plastic envelope, that with
time may leak chemicals into the banknote) banknotes that add a multifold (we sell it for $8)
and unnecessary cost to the price of the
collectible banknote artificially inflating (we
sell it for $6) its value with severe
consequences to banknote collectors and the hobby
in general. In
order to verify the accuracy of a slabbed grading
a collector would have to open the slab (capsule
or a thin plastic envelope), which would break
the seal of trust. All collectors and dealers
should learn how to grade yourselves, which is
not so difficult to achieve. We grade our
banknotes carefully and accurately and upon
request your ordered banknotes can be graded in
your desired (different than IBNS) system and
method and even slabbed if desired (at an
Example of a severe misidentification by PMG: Click here to view. This is a
Nș 30 and not P-26. While P-26 is many times
more valuable than P-30. There were other blunders
reported on this item alone, but reportedly were
corrected by PMG, yet
they still failed to address the most important
issue - the catalogue number misidentification.
We have some more such blunder examples available
or they can be viewed in online numismatic
forums. Here are a few more:
Click here to view - Choice
Uncirculated? (About Uncirculated at best)
Click here to view - About
Uncirculated? (aXF at best with repaired bad
Click here to view - Jeneral?
Click here to view - 200
Dirhams turned into 500 Dirhams...
Click here to view - About
Uncirculated? (Creased and rounded corners = XF+
Click here to view - Togo
P-46? This is W.A.S. P-2b
(without code letter) instead.
Click here to view - Commemorative? Really?
(No, it is not)
Click here to view - About Uncirculated? More
like XF with edge splits (at most).
Question: I did not find an answer
to my question in the Q&A above and my
question is not order-related. What should I do?
Answer: Please email us (no phonecalls, please)
and I will try to do my best to answer your
question(s). I reserve the right not to respond
to questions the answer to which can easily be
found by browsing my web site. Please also check
our Help section. The fastest way
to get a reply to your question is to include it
in your order's "Customer Notes"