Collecting Coins vs. Paper Money Collecting: What’s The Big Difference?
Paper money collecting is a fascinating hobby with as many avenues as coin collecting.
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Paper money collecting is a fascinating hobby — just like coin collecting! See how money (coins and paper currency) gets into circulation, what your paper money is worth, fun ways to track dollar bills to see where they end up, hidden secrets on U.S. paper currency, and lot more!
Paper money collecting is a fascinating hobby with as many avenues as coin collecting.
What are mint marks? Mintmarks are small letters stamped on U.S. coins that designate where the coin was made. Where a coin was minted affects its value. See which coins each U.S Mint facility made. And what a U.S. coin without a mintmark means. (Some are rare error coins. Others are not supposed to have a mint mark.)
What is money made of in the United States? Specifically, what are coins made of? And what is paper money made of? Silver coins aren’t made from silver, nickels aren’t made from nickel, and lots more surprising facts about what money is made from in the United States!
Wondering how money is made and how American currency goes from being printed by the government to winding up at your local bank, in stores, and in your pocket? Here’s a fun, easy-to-understand article showing how money gets distributed into commerce, how you can track where your dollar bills have been, and how long money in circulation lasts.
See what the letters on U.S. paper currency mean. Plus U.S. paper money values – including Silver Certificates, Gold Certificates & Federal Reserve Notes.
Track your dollar bills with Wheres George a.k.a. the Currency Tracking Project to see where your money has been & where it goes after leaving your wallet!
5 U.S. Money Secrets – symbols on US paper currency, what the olive branch and arrows mean, what E Pluribus Unum means, 6 things that must appear on every U.S. coin, and how to tell which US Mint facility made a coin.
The new $100 bill due out in 2011 will have more than just a few design changes. The new bill will have a ton of new security features that will make this one of the most technologically advanced pieces of money ever printed.
While a Ronald Reagan coin likely will not be in your pocket or coin collection until 2016, a U.S. Congressman has proposed Reagan appear on the $50 bill — replacing Ulysses S. Grant.
Why don’t we use dollar coins instead of dollar bills? The U.S. Mint has been trying for decades to get Americans to grow fond of using the dollar coin for everyday purchases. After all, coins last longer than paper money — by many decades. Also, coins are easy to recycle. Dollar coins are also easier to use with vending machines. Do you use dollar coins? Or do you save them?