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Archive-name: coin-collecting/paper-money-faq
Last-modified: Jan 17, 1997
Paper Money Collecting FAQ for rec.collecting.paper-money
(currently maintained by Bruce Giese, giesewpm@tiac.net)
------------------------------
Subject: Introduction and Disclaimer
This is the FAQ (Frequently Asked Questions) on the subject of
paper money collecting for the newsgroup rec.collecting.paper-money.
There is no guarantee of accuracy and no liability assumed by
anybody. That's life.
If you want to add/change/remove/enhance anything in this FAQ,
by all means let the maintainer know. Changes are encouraged.
After all, the Usenet survives by volunteer actions from all of us.
Location of FAQ: rtfm.mit.edu
in the directory:
/pub/usenet-by-group/news.answers/coin-collecting
you can access this site via e-mail using
mail-server@rtfm.mit.edu (put "help" in the body of
the message)
------------------------------
Subject: Credits and Copyright
This FAQ was initially created and submitted for *.anwers
approval by Bruce Giese (giesewpm@tiac.net) in Sept 1994.
This FAQ is copyrighted by sections. When making modifications,
the copyright should include those who contributed to the substance
of the section, with names in the order of contribution level. Just
to be fair to everyone, past and future.
Section 0 is public domain and belongs to the readers of
rec.collecting.paper-money
Sections 1.2, 1.5 are copyright 1995, Bruce Giese, Alan Herbert,
and Steven Edelson
Sections 1.6, 1.7, 1.11, 1.12, 2.6, 3.8 are copyright 1995,
Bruce Giese and Alan Herbert (Alan is at CTCU29A@prodigy.com)
Sections 1.9 is copyright 1996, Donald Arnone, Bruce Giese,
Steve McNeill, Alan Herbert, and others
Sections 2.9 are copyright 1996, Barth Richards, Bruce Giese, and
Alan Herbert
Sections 1.14, 1.15 are copyright 1995, Steve Edelson, Bruce Giese
Sections 2.7, 3.9, 3.10, 3.12, 3.13 are copyright 1995, Alan Herbert
Sections 3.14 are copyright 1995, Bruce Giese and Francois Velde
Sections 3.15 are copyright 1995, Francois Velde and Lloyd Lim
Sections 3.16 are copyright 1994-97, Bruce Giese and James Rupprecht
Sections 3.18 are copyright 1997, Alan Herbert
Sections 4.5 are copyright 1995, Alan Herbert and Bruce Giese
all other sections are copyright 1994, Bruce Giese
Thanks to everyone who provided editorial support.
The contents of this FAQ can be reproduced in whole and/or in part
FOR FREE without anybody's written or express permission as long as
this Credits and Copyright subject section is included. Small portions
can be posted to relevant Usenet newsgroups without this copyright
section.
The first quality paper money web page was made by:
who will be forever honored in this Credits section.
Mylar D and Tyvek are trademarks of The Dupont Corporation.
------------------------------
Subject: Contents (* = new text or section added)
0. REC.COLLECTING.PAPER-MONEY
0.1) History of rec.collecting.paper-money
0.2) Charter for rec.collecting.paper-money
*0.3) Can I post in a different langauge?
1. GENERAL INFORMATION ON THE HOBBY
1.1) Who collects paper money?
1.2) What kind of paper money do people collect?
1.3) What's the best way to get started collecting?
1.4) I'd like to trade/buy/sell paper money, what should I do?
1.5) How does the typical paper money transaction occur?
1.6) How should I store my banknotes?
1.7) Is there an all encompassing reference book for paper money?
1.8) What is a "Pick" number?
1.9) How do you grade the condition of paper money?
*1.10) Who are some dealers and professionals that I can contact?
*1.11) What are some societies/organizations that I can join?
1.12) Are there any relevant periodicals?
1.13) Who is J.S.G. Boggs and why is he famous for paper money art?
1.14) Where are some paper money shows that I can attend?
1.15) What are Green Sheets?
*1.16) Where are some paper money World Wide Web sites?
2. "I FOUND A..." QUESTIONS
2.1) How do I get a banknote officially appraised?
2.2) I found a US 1935/1953/1957 Silver Certificate in
circulation, how much is it worth?
2.3) Is a US 1963-1993 note worth anything?
2.4) Are US two dollar bills worth anything?
2.5) I found a very old banknote in perfect condition in a very
old book, what should I do?
2.6) I found a note from country XYZZY, how much is it worth?
2.7) I found a US Federal Reserve Note with the little
numbers in the wrong place. Is it counterfeit?
2.8) I found a note with a star next to the serial number, what
does this mean?
2.9) I found a banknote that says The Japanese "Government", what is it?
2.10) I found a note marked as "SPECIMEN" with serial number of all
zeros, what is it?
2.11) I found a Chinese banknote that is labelled "Hell", what is it?
2.12) What is a watermark?
3. USA PAPER MONEY
3.1) I heard the US is changing its paper money, is this true?
3.2) What is a National Banknote?
3.3) What are silver certificates and gold certificates?
3.4) Can you exchange silver certificates for real silver?
3.5) I heard that some US notes are stamped HAWAII, why?
3.6) What is fractional currency?
3.7) What is obsolete currency (broken banknotes, wildcat notes)?
3.8) I heard there are a lot of counterfeit US notes worldwide, is
this true?
3.9) Is it illegal to copy U.S. paper money?
3.10) Is it illegal to use U.S. paper money on products or in
advertising?
3.11) Are old U.S. notes still legal tender?
3.12) Are banknotes with Barre's signature good investments?
3.13) What's the story on the Bank of the United States 1840 $1,000
note with serial number 8894?
3.14) Where are all the Federal Reserve Banks?
3.15) What's with all those weird things on the one dollar bill?
*3.16) Where can I buy uncut sheets of U.S. paper money?
*3.17) Whose portrait is on the various current banknotes?
*3.18) How much do USA banknotes weigh?
4. WORLD PAPER MONEY
4.1) How do I get banknotes from country XYZZY?
4.2) How do I get banknotes from every country in the world?
4.3) What was Operation Bernhardt?
4.4) What is concentration camp money?
4.5) Does anybody collect Confederate States of America notes?
4.6) How many countries currently issue paper money?
4.7) A note from country XYZZY has a company name at the bottom, is
it counterfeit?
4.8) Are there really plastic banknotes?
4.9) What is a military issue or Military Payment Certificate?
4.10) What is the highest denomination note ever created or issued?
---------------------------------------------------------------------
0. REC.COLLECTING.PAPER-MONEY
------------------------------
Subject: 0.1) History of rec.collecting.paper-money
The newsgroup rec.collecting.paper-money passed the Usenet
"Big 8" Newsgroup vote with 234 YES votes and 18 NO votes
on June 21, 1996. It was created on June 27, 1996. The
proponent for the group was Bruce Giese.
rec.collecting.paper-money had failed a previous vote on
October 23, 1995 with 111 YES votes and 22 NO votes. Before
it was created, paper money traffic was carried on
rec.collecting.coins which itself was created on August 16, 1994.
Before that, paper money traffic was carried in rec.collecting.
The amount of traffic has increased steadily over the years
to its current state.
------------------------------
Subject: 0.2) Charter for rec.collecting.paper-money
The rec.collecting.paper-money newsgroup is open to discussion of all
aspects of paper money collecting, including stock and bond
certificates, bank issued notes, military currency, private monetary
notes, travelers checks, concentration camp currency, college currency
notes, emergency scrip, merchant scrip, checks, gift certificates, and
fantasy currency notes until further newsgroups for these topics are
created.
The scope of the discussion will include questions about valuations,
marketplace posts, trading posts, history and origins of notes,
current events (such as upcoming changes in the US currency),
authenticity of notes, online auctions, and on-topic informational
posts.
The general "nettiquete" FAQs posted in news.announce.newusers and
news.answers apply to rec.collecting.paper-money. Excessive flaming
is politely discouraged.
------------------------------
Subject: 0.2) Can I post in a different language?
Most posts are written in English. If you don't speak
English well and you want to post in your native language,
you are welcome to do so. Many of us are here *because*
rec.collecting.paper-money is an international newsgroup
and greatly welcome true multiculturalism.
Examples: non-English numismatic publications, non-English
coin shows, questions about a coin/paper money in the
language of that coin/paper money (eg. Asking in Dutch about
a Dutch coin, asking in German about notgeld). People who post
follow-ups to a nonEnglish post are encouraged (not required)
to post in both the language of the post and English for the
benefit of the majority of the group.
---------------------------------------------------------------------
1. GENERAL INFORMATION ON THE HOBBY
------------------------------
Subject: 1.1) Who collects paper money?
The paper money collecting hobby has been very well established for
decades and there are many thousands of collectors worldwide. Paper
money collectors are not as common as coin collectors, but they are
still very active and have extensively developed the hobby. Many
very specialized coin groups deal heavily in paper money as well.
------------------------------
Subject: 1.2) What kind of paper money do people collect?
Tom Denly (a well respected member of the hobby) identified 7 main
areas of interest in a recent issue of Bank Note Reporter. I've [Bruce]
split area 5 into 5a and 5b, because I consider them to be somewhat
separate, and 7 into 7a and 7b because the world consists of more than
just the USA. Alan Herbert added category 8. Steven Edelson added
9.
1) large-size US type notes
2) US national bank notes (issued by local banks chartered by the US)
3) US fractional currency (notes from the 1800s of less than 1 dollar)
4) pre-US colonial currency
5a) US obsolete notes (from private banks of the 1880s)
5b) Confederate States of America notes
6) small-size US type notes (the size we're familiar with now)
7a) recent and general world paper money
7b) older and rare world paper money
8) error notes, including printing, paper and cutting errors
9) Souvenir Cards
You can see the obvious slant toward US currency. Unfortunately,
much of the really interesting US paper money is now very expensive.
The very striking notes of the 1800s and early 1900s are now out of the
price range of most casual collectors. Some people collect travelers'
checks, and stocks and bonds, which might not be considered as paper
money. Souvenir Cards (printed by people like ABNC: see Section 1.10)
are a good way to see the beauty of currency.
There *is* a large group of people who collect world paper money. Some
people focus on specific countries of interest and even specific time
periods in specific countries. Often interest in paper money follows
an interest in the general history as well. Some collectors focus on
things ranging from notes with portaits of Queen Elizibeth to notes
with pictures of boats to notes with specific serial numbers (all the
same digit or very low serial numbers).
A very common type of world paper collection is to collect notes from
"every country". The definition of every country can vary greatly, but
this type of collection is relatively inexpensive.
One thing to keep in mind is that the quality of books on paper money
is very high and they play a major role for collectors. Lots of people
have dedicated their lives to researching and compiling information on
paper money. It just makes sense to utilize and build on what they've
already done.
------------------------------
Subject: 1.3) What's the best way to get started collecting?
Probably the best way to start is to subscribe to Bank Note Reporter.
It's a sort of monthly newspaper for paper money collectors and not only
does it carry all the latest news about new issues, currency changes, etc.,
it also has advertising from a very large number of dealers and it lists
paper money shows in the US and around the world. BNR offers free samples
to anyone (not just in the USA). Subscriptions run about 30 dollars for
1 year (around 40 dollars outside the US). It's a very good
source of information. The address is...
Bank Note Reporter
700 State St.
Iola, Wisconsin 54990 USA
(715) 445-2214
within the USA, for *subscriptions* *only*: 1-800-258-0929
http://www.tias.com/krause/BankNoteReporter/
The Professional Currency Dealers Association offers a small booklet
called "How to Collect Paper Money" which, if I recall correctly,
even contains a few sample world banknotes. The book is very cheap.
See the section on societies and organizations for the PCDA address.
------------------------------
Subject: 1.4) I'd like to trade/buy/sell paper money, what should I do?
The most effective way to get paper money is not through
general circulation, but through dealers, collectors, auctions,
and shows. About once a week someone posts a message asking for
people to trade/buy/sell paper money. Even with the large audience
of rec.collecting.paper-money, you don't reach many collectors. But this
is still one way many people get notes.
The International Bank Note Society's quarterly journal carries
free advertising "of a non-commercial nature" for people wanting to
update their personal collections. Bank Note Reporter also has a lot
of small cheap ads for this. These are good places to look for people
to trade notes.
Another way to buy/sell notes is through mail auctions. The IBNS
has frequent auctions and lots of individuals have their own (which
are advertised in BNR).
But I find the most effective, painless, and sure fire way to buy
and sell notes is through dealers. Dealers range from people who
just have large collections to those who keep a large stock of notes
for the specific purpose of selling them. In any case, dealers have
developed the methods which are most effective for making collectors
happy with their transactions. Some are notoriously grumpy, but most
are truly friendly and helpful.
Some people prefer to collect notes from general circulation. This
is a good way for someone to start getting interested in paper money,
but it's really not a very effective way to collect it.
------------------------------
Subject: 1.5) How does the typical paper money transaction occur?
Most paper money dealers don't have stores in the same sense as
coin dealers. Most transactions occur through the mail and over the
phone. It may seem less than ideal initially, but it works very
well. Nearly every dealer who works through the mail offers a
money-back, no-questions-asked policy. If the note you buy is not
really the one you want, you can almost always return it.
Typically, collectors will use an adequate reference book to find
the note they want. Then, they look through the many price lists they
might have to find a dealer who offers the same note in an acceptable
condition for an acceptable price. Lots of dealers put parts of their
price lists in Bank Note Reporter ads. The collector then either calls
or faxes the dealer with a credit card number or send a check in the
mail.
The next most typical transaction occurs at paper money and coin
shows. Often dealers will offer discounts at shows, but usually
only when you buy enough stuff. It's all fairly informal really.
Shows are also a good way to learn about notes and the hobby in general.
Another type of transaction is where a collector sends notes to
a dealer who may then buy them or return them. It's best to ask
the dealer first with the list of notes you plan to send. This
is an acceptable and safe way to do business as long as the dealer
is reputable (membership in PCDA or IBNS is a good reference as
dealers can and do get thrown out for violations).
Yet another type of transaction is the mail auction where collectors
all put up their notes for auction (usually through the mail) and
then a list of notes is sent out to a large group of people who bid
on the notes through the mail. Thousands of notes are auctioned this
way. The IBNS has regular auctions with about 2000 lots per auction
and minimum bids starting at 2 US dollars per lot: clearly an auction
for regular collectors.
A less typical transaction is where people place ads in Bank Note
Reporter or the IBNS Journal or elsewhere asking to buy/sell/trade
a specific set of notes.
The really expensive stuff (1,000 to 50,000 US dollars) is usually
sold at large auction houses such as Spinks (the coin and currency arm
of Christies), Stacks and some paper money specific houses (Currency
Auctions of America and Lyn Knight Auctions). They also handle lots in
the 300 US dollar range and above.
And of course, there are cases where people advertise things like,
"Bolivian citizen looking to trade Bolivian notes for Canadian notes"
in *relevant* publications.
When buying notes, avoid notes that have been cleaned, patched,
ironed or otherwise "fixed up" to improve the looks.
Be careful of notes which have missing details, serial number digits,
etc. They may have been removed with an electric eraser.
------------------------------
Subject: 1.6) How should I store my banknotes?
To keep them in the best possible condition you should use Mylar holders.
Common household products such as plastic wrap, plastic bags, window
envelopes, etc. should not be used for storing paper money. Most
plastics contain PVC, which deteriorates with time and heat, releasing
acids and gases which will migrate into the paper, resulting in the notes
appearing to have been soaked in oil, or so brittle they shatter at a
touch. Use only those products (such as Mylar and other inert plastics)
which have been tested and approved for long term paper money storage.
Notes should be stored or displayed away from direct sunlight, to
avoid fading. Repairs should be made only with products that are stable.
"Magic" tape and other plastic tapes will leave permanent stains on notes.
There are individual Mylar holders which look like plastic
envelopes and cost about 30 cents each, usually in packs of 50 or 100.
You can also keep notes in regular paper envelopes as well, although
they're more liable to get damaged in handling.
If you really want to get fancy, there are special albums with
associated Mylar holders. Each page holds 1, 2, 3, or 4 notes
(there are 4 different types of pages). This stuff is made by
a company called Lindner and it costs more than the individual
holders. I believe the album and 20 pages cost around 60 US dollars.
Additional pages are something like 20 dollars for 10. You can fit
maybe 50 pages in one album. Unfortunately, Lindner made the pages
so they would only fit in their album. Theoretically you should
use both the individual Mylar holders and the Lindner pages, but
for anything worth less than 20 dollars, I just use the pages.
They're a lot like Mylar.
Most big-time dealers carry Mylar holders and Lindner albums.
------------------------------
Subject: 1.7) Is there an all encompassing reference book for paper money?
There are a few key reference books for paper money.
Standard Catalog of United States Paper Money, 13th edition,
Krause Publications, by Chester L. Krause and Robert F. Lemke,
costs about 22 dollars and contains 14,000 market valuations and
550 photos. If you're starting in most US paper, you want this book.
Standard Catalog of World Paper Money, Volume II, General Issues,
7th edition, by Albert Pick, Krause Publications. Costs about 55
dollars and contains your basic national paper money. 1280 pages
and 10,000 black and white photos. If you're starting in world paper
money, you want this book. The 7th edition came out in April 1994 and
has notes up to around Feb 1994, which includes all of the new
countries up to that point.
Standard Catalog of World Paper Money, Volume I, Special Issues,
7th edition, By Colin Bruce II and Neil Shafer, Krause Publications.
Costs about 55 dollars and contains state, provincial, and commercial
bank issues not covered in Volume 2. Has 1056 pages and 8,000
black and white photos. Massive.
Standard Catalog of Modern World Paper Money, Volume III, 2nd edition,
by Colin R. Bruce II and George S. Cuhaj, Krause Publications.
Costs about 30 dollars and covers world notes from the last 30
years. It includes lots of stuff not found in Volume II (but
presumably, there is some overlap). Has 600 pages and 5,000
photos ("hundreds not found in Volume II"), softcover.
Standard Catalog of United States Obsolete Bank Notes
By James Haxby, you guessed it, Krause Publications. Costs
195 dollars and is the mother of all obsolete bank note books.
Many of the states have their own books which are considerably
cheaper. Check first before blowing 200 dollars on this 4 volume
set. For instance, Rhode Island obsoletes are covered by the
excellent book by Durand on the subject (which costs around
25 dollars).
Confederate States Paper Money, by Arlie R. Slabaugh
as always Krause Publications (get used to that name).
Costs about 13 dollars.
Confederate and Southern States Currency
Grover Criswell, don't have any more info on it.
Early Paper Money of America, by Eric P. Newman
Krause, around 50 dollars. Primarily Colonial paper money.
Paper Money of the United States, by Robert Friedberg.
Coin and Currency Institute, Inc., P.O. Box 1057,
Clifton, NJ 07014
Comprehensive Catalog of U. S. Paper Money Errors
Frederick Bart
POW and Concentration Camp Money of the 20th Century, 2nd edition
Lance Campbell, BNR Press, Port Clinton OH USA, about US$25
Also, Neil Schafer has a Depression scrip book.
------------------------------
Subject: 1.8) What is a "Pick" number?
Refers to Albert Pick, author of the world paper money book
on general issues. Nearly everyone who deals in world paper
uses this system for identifying notes. Every note within a
country has a number associated with it, often shown in the
form "P-34" for general issues and "P-S34" for specialized
issues (volume 1). Since every country has the same numbers,
a note is identified by country and Pick number. For example,
USA P-480 is your garden variety series 1988 1 dollar bill.
------------------------------
Subject: 1.9) How do you grade the condition of paper money?
The condition of a note is critical to its value. Lowering the
grade of a note one notch can decrease its value by 1/3 or even
1/2. An expensive note which falls between two categories might
be worth a thousand dollars more in the higher category than the
lower one. Thus, it's often important to be more precise than
using a limited number of categories.
But here's a general guideline. Note that many dealers have
slightly different grading systems, especially with various
sub-grades of uncirculated. There's no official system of grading,
unfortunately. But these are pretty much universally accepted.
I've received a lot of input and tried to hammer out the best
descriptions for each category.
Crisp Uncirculated, UNC or CU: This means absolutely not the
slightest sign of any handling or wear or folding or *anything*.
Some people use additional grades to distinguish qualities such
as perfect centering or other printing characteristics. Certainly
a note which has centering problems which are visible from a
distance of 1 meter (3 feet) should have this mentioned in the
condition description.
Almost Uncirculated (or About Uncirculated), AU: This means there
is a slightly detectable imperfection such as a counting fold on one
corner or slightest fold in the center (nothing which breaks the
surface of the paper) or a pinhole. At first glance it looks like
an UNC note.
Extremely Fine, EF or XF: Generally three light folds or one strong
fold which breaks the surface. There may be slight rounding at the
corners.
Very Fine, VF: May have several folds although the note is still
crisp and has a minimum of dirt. There may be minor tears or very
small holes but nothing which distracts from the overall appearance
of the note. Take an uncirculated note and crumple it once in your
hand, then flatten it out: this is a Very Fine note. Repeat the
crumpling and it's still pretty much a VF note.
Fine, F: A circulated note where individual folds and creases may
no longer be visible. To distinguish this from a VF note, when
inspecting a Fine note, it clearly does not look like a note which
has merely been crumpled a few times: It doesn't have the crispness
and brightness of a VF note. No tears may extend into the printing.
This is your average in-the-wallet note.
Very Good, VG: Tears and small holes can be present. The note is
not crisp at all. The is your lower quality in-the-wallet note.
Lots of people on the 'net don't realize that a note in "very good"
condition is really pretty lousy.
Good, G: Small pieces missing, graffiti. A worn out note.
Fair: Major tears, etc. A badly worn out note.
Poor: Even worse.
To grade a note precisely, it can help to hold the note about
20 cm (7 inches) under a strong light source (use the same source
for comparing notes) and on top of a white piece of paper and
use a 3x or 4x power magnifying glass. Make sure your hands are
clean before handling a note. This method will show a lot of
minor imperfections which are not normally visible.
Note that note from many countries have standard features which
exist for even Uncirculated notes. Some notes from Bangladesh,
Bhutan, Burma/Myanmar, India, Nepal, and Pakistan are only found
with staple holes where staples are always used to hold packs of
notes together. Most dealers list Uncirculated notes of this type
as having the usual staple holes (often abbreviated as uSH-UNC).
Also, some notes printed in France (for about 15 different
countries) have a slight crinkle effect.
------------------------------
Subject: 1.10) Who are some dealers and professionals that I can contact?
Alan Herbert has a regular column in Bank Note
Reporter and is a regular member of the newsgroup. He also authored
portions of books such as the "Error Notes" chapter of the Standard
Catalog of US Paper Money and is a respected authority in the field.
Many other highly respected members of the paper money collecting
community are invovled in the newsgroup and it can be very helpful
to post questions there.
A huge list of dealers has been compiled and is posted directly
in rec.collecting.paper-money. You can find it in the newsgroup (posted
at roughly the same time as this FAQ) and at this web site:
http://world.std.com/~giese/dealers.html
------------------------------
Subject: 1.11) What are some societies/organizations that I can join?
Society of Paper Money Collectors (SPMC)
Bob Cochran, Secretary
P.O. Box 1085,
Florissant, MO 63031 USA
1,500 members
The SPMC is mostly for US paper money collecting. I
believe they've been around since 1963.
Professional Currency Dealers Association (PCDA)
Kevin Foley
P.O. Box 573
Milwaukee, Wisconsin 53201 USA
You can't join this group as it's just for dealers.
Send SASE for free list of members (i.e. respectable dealers).
Also, send 59 cents for the booklet "How to Collect Paper Money"
International Bank Note Society (IBNS)
A good organization for learning about paper money. They also
have frequent large mail-in auctions and an enormous library
accessable by mail. The IBNS Journal is a fairly scholarly
source of info and free ads for non-dealers. They have a few
thousand members.
General Secretary
P.O. Box 1642
Racine, WI 53401
USA
(414) 554-6255
Assist. General Secretary
36B Dartmouth Park Hill
London
NW5 1HN
U.K.
071 281 0839
Latin American Paper Money Society
Arthur C. Matz, president
3304 Milford Mill Rd.
Baltimore MD 21244
Dues $8
Publication: "Lansa" three times a year.
Canadian Paper Money Society (CPMS)
P.O. Box 562
Pickering, Ontario
L1V 2R7
CANADA
Hell Bank Note Collector's Club
Mr. William Etgen, Secretary
3600 Whitney Avenue
Sacramento, CA 95821-3128
Collecting Hell notes from around the World.
------------------------------
Subject: 1.12) Are there any relevant periodicals?
See the section on societies and the section on how to get started.
The main periodicals are Bank Note Reporter and the IBNS Journal.
The SPMC and LANSA have periodicals, too.
For Green Sheets (see Section 1.15), you can contact:
The Currency Dealer Newsletter
P.O. Box 7939
Torrance, Ca. 90504
(310) 515-7369
1 yr subscription = $44
2 yr subscription = $78
------------------------------
Subject: 1.13) Who is J.S.G. Boggs and why is he famous for paper money art?
Boggs is an artist who draws paper money, but not for the sake
of counterfeiting (although the US Secret Service is not totally
convinced). Boggs' notes are very high quality and often include
subtle humor in their text and portraits. Because his subject matter
is paper money, Boggs has been very well received by the paper money
dealers (especially after having tables at some of the major paper
money shows). In addition to the art, Boggs is notorious for creating
thought provoking transactions with his art, offering it for
goods/services in lieu of real money. The people who accept this
transaction get the better end of the deal.
Boggs' real message is that money is an abstract concept that can
be manipulated in interesting and creative ways.
------------------------------
Subject: 1.14) Where are some paper money shows that I can attend?
The two biggest paper money shows are in Memphis (every June)
and St. Louis (every October/November). There is also a big show
in Maastrict every year (April?). In addition, there is a
section in each copy of Bank Note Reporter which details paper
money shows in the USA and around the world. Most states have
a few every year.
------------------------------
Subject: 1.15) What are Green Sheets?
The Green Sheets are the currency equivalent of the Grey Sheets in
coinland. They give supposedly current prices on a wide range of
currency, and are published monthly. See Section 1.12 for where to
get them.
------------------------------
Subject: 1.15) Where are some paper money World Wide Web Sites?
Here's a list of some websites...
A more up to date copy of this FAQ
http://world.std.com/~giese/pfaq.html
American Numismatic Association (decent)
http://www.csd.net/users/anaweb
Krause is now online, although their page is wimpy and undeveloped.
http://www.tias.com/krause/BankNoteReporter/
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