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Paper Money & Coin Collecting Info

Perhaps the most fascinating field of Canadian Numismatics is paper money. The issues to be collected and studied extend from the card money of 1685 up to the present period, and include issues by a number of Colonies (Provinces) prior to Confederation, local governments, private, and chartered banks, business institutions, the Dominion of Canada and the Bank of Canada. Many collectors also include merchant notes or 'bons', education notes issued by Business Colleges, notes issued for political purposes and advertising "bills".
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The ever-growing availability of cheap and varied material from around the world has already brought the hobby of paper money collecting well within reach of even those on the tightest budget. This is one collecting field where prices are actually falling in many areas, mainly where new issues are concerned. For this, we can thank the effects of inflation. In comparison to western countries, many countries have steep inflation rates, making their currency sink in value in relation to our own. Thus, their currency notes become ever cheaper for us to obtain. Some typical cases from recent years include Brazil, Peru, Argentina, Russia, Zaire, Iraq, Yugoslavia and Turkey. In fact, we can even obtain notes with denominations of 50,000,000,000 or more for a dollar or two! Another exciting source of very cheap notes has recently emerged: the new ex-Soviet republics. Here is an opportunity to obtain the very first issues of several new republics for mere pennies. One can only imagine the value these first issues will have to collectors in future years.
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THE EAST BAY & EDUARD KANN COLLECTIONS OF WORLD BANKNOTES REALIZES MORE THAN $1.1 MILLION

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Bowers and Merena Auctions, America’s leading rare coin and currency auction house, conducted an auction of exceptional international banknotes in New York City on October 27-28, 2008, compiled of two premier collections, “The East Bay Collection of International Banknotes” and “The Eduard Kann Chinese Banknote Collection.” Consisting of more than 2,100 total lots, the ...]

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