The best way to find the value of old currency is to consult a dealer or website that specializes in currency collection. The old currency collection market is fluid, making it necessary to find a current price guide.Know More
Old currency is graded on a sliding quality scale, with uncirculated money in mint condition at the top. The extra fine designation is given to notes with few blemishes.
Circulated money is graded according to its appearance after exchanging hands and general wear and tear over the years. Notes in very good condition show signs of creasing and wrinkling. They might be somewhat dirty but are still mainly intact. Good condition is the lowest grade collectors accept. These notes have been heavily used and might be torn in spots. Corners may also be missing. Old coins are similarly graded.
Determining the value of old money depends on several factors. Country of origin is one factor, as collectors value currency from some countries higher than others. Money issued as a commemorative limited edition has more intrinsic value than everyday currency. Dates are an important element in calculating value. Usually, the older the coin or note, the more it is worth. Special marks and signatures with historical significance increase value.Learn more about Coins & Currency
The serial number "S70186454F" on a 1935 Series D Blue Seal silver dollar certificate has no effect on the value of the currency. Only bills with very low, repeating, ascending or descending numbers and other unique patterns within the serial number carry premiums to enthusiasts.Full Answer >
All genuine Confederate currency has value to collectors, depending on its rarity and condition, and, in 2014, ranges in value from under $100 to tens of thousands, according to CSA Notes. Because modern reproductions are extremely common, all Confederate notes must be authenticated. Counterfeit notes made during the Confederacy, however, have value from $10 to $100, depending on their origins, explains Heritage Auctions.Full Answer >
The CoinSite features a free price guide for old paper currency on its website. The guide features prices for $1, $2, $5, $10, $20, $50, $100, $500 and $1000 notes dating back to 1928 when U.S. bills were first reduced to their current size.Full Answer >
A person can become a coin dealer by studying numismatics, which is the study or the collection of currency. This study offers a broad knowledge of coins, tokens and paper money. It is also essential for someone to understand and keep up with collection trends, get valuable coins certified, keep current records, grade and describe coins, be patient and network with sellers and buyers to become a coin dealer.Full Answer >