There are three basic groups involved in collectible currency and those are paper money collectors, coin collectors and those who collect both. What they collect may be very different, but their passion is mostly similar.
Paper money is collected for a variety of reasons including the possibility of finding collectible currency from every country around the world. Many collectors will spend vast amounts of time researching the history of that country and how that particular type of currency came to be used during that period.
Paper money collectors have also learned that allowing their collectible currency to sit in direct sunlight causes it to fade and that Mylar is the best material in which to store their paper. Other plastics made with polyvinylchloride (PVC) may deteriorate over time and take the paper with them. Window envelopes are also bad storage containers for paper money as light enters through the window and can ruin that part of the bill showing.
Numerous Coin Collectors
Coin collecting has been around a very long time and, as with paper collectible currency, it is saved for a variety of reasons. A collector may want to collect every...