Coin and Paper Money Collecting/Last Forever

Advertisement


Question
How do I keep somethings to last forever?  Is there something that apply to all?

Answer
If I understand the question, it sounds like you want to preserve something forever?

There are a few things to consider in the case of old money.  
-keep out of direct sunlight
-try to keep in a climate controlled environment as much as possible
-protect the note with a mylar casing/sleeve/holder

Mylar is a plastic that does not have any chemicals in it that can leach into the note itself.  Mylar is known as an archival material.  Museums use it for antique documents.  It is fairly cheap, one holder costs anywhere from 25 to 50 cents each.

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Manning Garrett

Expertise

I can answer any question relating to valuing US Currency. My specialty is national currency, large-size currency, and small size issues between 1928 and 1957. Many bank notes have variables that can make two seemingly identical notes have very different values. That is why it is so important to work with an expert. I also work with rare Canadian banknotes as well as some foreign currency (mostly British Commonwealth countries). I have participated either as a buyer or seller in more than 500 different coin auctions.

Experience

I have been a full time currency dealer since 2006. I set up at about ten national coin and currency shows per year all across the country. My company has a retail location in Greenville, SC. I also run a website about old money values. I am also currently the director of currency auctions at Stacks Bowers. So I am in a unique position to see, value, and sell millions of dollars worth of paper money on a annual basis. I have been lucky enough to sell hundreds of individual banknotes worth over $10,000. I personally hold several world records for highest price paid for certain categories of banknotes. While I personally don't deal a tremendous amount of coins, I can provide sound advice on where to sell coins in NYC, and other major metro areas across the country. I have seen the worst of the worst and the best of the best when it comes to coin dealers. If you don't want to publicly ask a question then you can always view our coin value guide at Coins.com.

Organizations
South Carolina Numismatic Association (Life Member and Past Board Member), Society of Paper Money Collectors (Life Member), American Numismatic Association (Member), Florida United Numismatist Association (Member)

Publications
Bank Note Reporter, Chicago Tribune, Dozens of Smaller Local Newspapers

Education/Credentials
Clemson University BS in Corporate Finance, Western Carolina University Masters in Accountancy, ANA Summer Seminar 2013 (Coin Grading)

©2016 About.com. All rights reserved.