| One of the most common hobbies is collecting | | | | privately issued bank money was declared to be |
| money. Many people have enjoyed this activity | | | | illegal. Ever since US government money was |
| for decades and money collecting is thriving even | | | | issued it has retained monetary value. However, it |
| today. As a hobby, collecting money means | | | | is not the same case with the obsolete old bills |
| collecting old money. Otherwise, we are all trying | | | | from closed banks and this is the prime reason |
| to collect money before the bills come. However, | | | | why these banknotes are worth finding. Actually |
| do you know how many people collect old | | | | private banknotes from the 1800s have remained |
| money, antique notes and coins from previous | | | | an interesting item for collectors throughout the |
| decades and even centuries? | | | | centuries. |
| Coin collectors are much more common than old | | | | It is pretty evident that a lot of old money has |
| money collectors of the paper variety, though the | | | | significant value nowadays. It is true that casual |
| latter are still quite active and manage to find | | | | collectors cannot afford to have any authentic old |
| some rare items occasionally. That paper variety | | | | money and notes from the 1800s and early |
| may include pre US colonial currency, money from | | | | 1900s as their value and consequently price are |
| the beginning of the 19th century, currency from | | | | too high. That's how collecting souvenir cards are |
| the Confederate States of America and also | | | | becoming more and more popular. Having them |
| some souvenir cards of old money as the money | | | | you can collect a piece of history without actually |
| itself are almost impossible to find and twice as | | | | paying a high price for it. |
| hard to purchase. | | | | If you are wondering where you can find old |
| If you are keen on collecting old money you will | | | | money, you probably won't like my answer. It is |
| probably know that a collector's item of old | | | | really difficult to find old money. Of course, you |
| money is called fractional currency. I was really | | | | might still be able to collect a Thomas Jefferson |
| intrigued when I learnt that during the Civil War | | | | two dollar bill, but those antique coins and notes |
| the United States began printing 50 cents, 25 | | | | you are seeking won't be easily found, nor |
| cents, 15 cents, 10 cents and 5 cents paper | | | | purchased. The easiest way to satisfy your desire |
| money as they run short on change. Now such | | | | to collect old money is through dealers, collectors, |
| weird banknotes are highly desired by any true | | | | auctions and old money paper shows. |
| collector. | | | | You might also find the International Bank Note |
| There is also other interesting fractional currency | | | | Society's Journal and webpage not only very |
| which is much sought after. These are private | | | | interesting but useful, as well. They offer contact |
| banknotes from the 1800s. Before the US | | | | information for trades and auctions and what is |
| government created a national banknote there | | | | the best, they provide you with images of old |
| were some banks issuing their own money | | | | currency on their website. In conclusion, old |
| without government backing. However, it was not | | | | money collecting is a unique and fun hobby. It has |
| long before these banks were closed down and | | | | its challenges but it there is no doubt it is worth |
| the banknotes were counterfeited and altered. | | | | taking. |
| Once the national bank system was established, | | | | |