♫ October 27th, 2010 4:53 am
This year I inherited my Granddad’s old postage stamps. I have done my best to help preserve his collection and add to it. It has been a steep learning curve for me and I have found my knowledge of stamps improve a lot.
I was quite enthusiastic when I first got them. I went through each of the albums and then checked out each one that he had against an old postage stamps catalogue. This was very time consuming but well worth it. I now have a record and it gave me a opportunities to go through the albums a nice slow pace.
The next thing you need to be concerned about is where you store the old postage stamps. I moved them to my house and piled the albums on top of each other. After a little bit of research I discovered on that you shouldn’t do this. You need to store them in a dark dry place. It is also important to stand the albums upright to avoid them getting damaged.
When you inherit an old album it is important that you have a plan if you are going to expand it. It is very easy just to start buying stamps here there and everywhere. What are you trying to achieve? Are you going for quality or quantity? There are so many variations on a theme that you can go for.
Buying old postage stamps has changed over the years. You used to have stamp shops but these have now disappeared. Now the best places to buy include the post office, auctions, stamp dealers and the internet. I bought a lot of mine from the post office directly. They have made a few mistakes but the service has been good. I have also bough one or two from Ebay.
I hope that my story has given you more information about collecting old postage stamps. The key to it is to enjoy the experience and learn from it.
Tags: Collection, Postage Stamps, Stamp
♫ Posted in Stamps | No Comments »
♫ October 22nd, 2010 7:14 am
Perhaps you have an old piece of paper money stuffed away in the family Bible, or you stumble upon some stashed away in a hidden compartment of something you own, have found in your grandparents attic, or in something you got at a rummage, estate, or yard sale. Perhaps you bought an unopened box from a flea market with contents unknown and inside you have found some old money. Sometimes, this money is worthless, and other times, it can be worth a while lot of money. You need to know the value of old paper money before you part with it.
As with many other things that are old, the value of old paper money first rests on how old it is. Something that is merely twenty years old really does not have much value above the face value of the note. This is for common money that has been in circulation for a long time. Foreign money that has age to it may be of more value, but that is not always the case. You can do a search on more common types of money to see what you can find through the Internet. There are some great sources online for this type of information.
Secondly, you have to think about how common or uncommon the bill might be. The value of old paper money goes up when the notes were not common. The two dollar bill is not necessarily old, but in a hundred years, it could be worth quit a bit of money. Today, they are not worth much though. If you can find notes that are over a hundred years old, you may be on to something. These could be foreign or domestic notes. Things like these tend to disappear over time, so the less there are of them, the more they are worth to you if you decide to sell.
The value of old paper money goes up dramatically when you pair the above to things with an historical event. If you find old notes from the civil war in the US, you could have something that is worth quite a bit of money. If you can find money that was brought over to America from the old world, you really have something amazing, though you should note that coins were the most common type of currency back then and finding such a thing is rare. You should always have someone authentic such a note because there are many fakes out there.
Tags: Business Collectible, Coins, Paper Money
♫ Posted in Paper Money | No Comments »