Polymer Currency - Begginers Guide (12)

By Liliana E. González

@LilianaElena

This post is part of the book Beginner’s Guide To Collect Paper Money, check it out at Banknote Heaven.

Polymer (plastic) banknotes last longer and are recyclable. They last around four times as long, are cleaner and more hygienic, and can be recycled at the end of their useful life into a range of plastic products.

Polymer currency note technology was developed in Australia. Australia was the first country in the world to replace all its paper notes with polymer notes. The Bank made the move to polymer to make Australia's notes more secure against counterfeiting, which had been on the increase as modern reprographic equipment became more readily available.

The banknote below is year 2000 from Romania:

Pick Number - Begginers Guide (13)

By Liliana E. González

@LilianaElena

The pick number is the number assigned to every single banknote in the catalog. It was named “pick” in honor to Albert Pick who authored earlier issues of Europe and America paper money. The first Standard Catalog of World Paper Money was published for Krause publications in 1975.

Nowadays the Standard Catalogs of World Paper Money published by Krause are the guide for collectors and dealers. These catalogs group the banknotes by country, number them, show a picture usually front and back, give a description, and a value according to condition.

The banknote below is from Zaire and is pick number 40

Numismatics - Begginers Guide

By Liliana E. González

@LilianaElena

Numismatics is the study or collection of paper money, coins, and often medals.

Banknote is a piece of paper issued by a bank representing its promise to pay a specific sum to the bearer on demand and acceptable as money.

Note is a piece of paper currency.

Paper money is currency printed on paper. Includes all the various materials that have served as paper surrogates, for instance the polymer notes.

Thirteen important points that make a bill valuable and worth collect.

The presentation below is a simple guide for people who wants to start a paper money collection.

Numismatics, Begginers guide

View more presentations from Liliana Elena González.