- Front Cover
- Title Page
- Table of Contents
- Author's Note
- Market Review
- Chapter 1 - Publications
- Chapter 2 - Using Computers to Enhance Coin and Paper Money Collecting
- Chapter 3 - Collecting Organizations
- Chapter 4 - Pcda Membership Directory
- Chapter 5 - Buying Paper Money
- Chapter 6 - Collecting Do's and Don'ts
- Chapter 7 - Selling Your Collection
- Chapter 8 - Glossary
- Chapter 9 - Department of the Treasury, Bureau of Engraving and Printing
- Chapter 10 - The Federal Reserve Banks
- Chapter 11 - 32-Subject Sheet Layout
- Chapter 12 - Numbering System
- Chapter 13 - Portraits and Back Design on Small Size Notes
- Chapter 14 - Dating U.S. Currency
- Chapter 15 - The Treasury Seal
- Chapter 16 - Grades and Conditions of Paper Money
- Chapter 17 - About the Prices in This Book
- Chapter 18 - How to Use This Book
- Chapter 19 - One Dollar Notes
- Chapter 20 - Two Dollar Notes
- Chapter 21 - Five Dollar Notes
- Chapter 22 - Ten Dollar Notes
- Chapter 23 - Twenty Dollar Notes
- Chapter 24 - Fifty Dollar Notes
- Chapter 25 - One Hundred Dollar Notes
- Chapter 26 - Five Hundred, One Thousand, Five Thousand, and Ten Thousand Dollar Notes
- Chapter 27 - Western Scrip & Obsoletes
- Chapter 28 - Special Report: Uncut Sheets
- Chapter 29 - Mules (Mixed Plate Numbers)
- Chapter 30 - Introduction to United States Fractional Currency
- Chapter 31 - Error or Freak Notes
- Chapter 32 - Confederate Money
- Back Cover
BUYING PAPER MONEY Browsing in coin shops is the usual way in which beginners start buying paper money. Just about every coin dealer— and many stamp dealers—stock paper money to one degree or another, from a single display album with elementary material to vaults filled with literally millions of dollars worth of specimens. Be observant of condition when shopping from dealers’ stocks. Get to know the dealer and become familiar with his grading practices. Some dealers will grade a specimen higher than another dealer, but this may be offset by the fact that they charge a lower price. Bargains. Is it possible to get bargains in buying paper money? To the extent that prices vary somewhat from dealer to dealer, yes. But if you’re talking about finding a note worth $100 selling at $50, this is unlikely to happen. The dealers are well aware of market values, and the slight price differences that do occur are merely the result of some dealers being overstocked on certain notes or, possibly, having made a very good “buy” from the public. What may appear to be a bargain will generally prove, on closer examination, to be a specimen in undesir-able condition, such as a washed bill on which the color has faded. Auction sales. Many coin auctions feature selections of paper money, and there are occasional sales (mostly of the postal-bid variety) devoted exclusively to it. There is much to be said for auction buying if you have some experience and know how to read an auction catalog. 33
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