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World Paper Money Storage Suggestions

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Valued Member

United States
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 Posted 02/08/2018  09:28 am Show Profile   Bookmark this topic Add qaman to your friends list Get a Link to this Message Number of Subscribers
I have started collecting world paper money any suggestions on how you guys store yours? Any photos all help is appreciated as I am getting quite a few bills.
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Dave L's Avatar
United States
484 Posts
 Posted 02/08/2018  11:04 am  Show Profile   Bookmark this reply Add Dave L to your friends list Get a Link to this Reply
What is your current storage system?

Also, your notes value - the collector value - should be a consideration as well. Some holders and binders, etc., are quite expensive, but there are methods and holders that are quite affordable.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/08/2018  12:44 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Look for the lowest lifetime expense of collection storage that is archival and preserves the existing grade of the note.

I used to use mid-grade Lindner albums and currency pages. I got about 100 notes to the album. Storage of 100 notes cost me over $1.15 per note. Cheaper ring binders and cheaper pages were unsatisfactory, they canted the pages, warped, and required a sleeve to protect the note even with the page. Putting the notes in order meant that the notes were handled even in the albums, risking losing a grade from handling, and incompleted series meant empty spaces in the albums, a waste of money.

I sold all my albums off and went to using 5x8 mylar sleeves, with a fold-over top, for each note. They are housed in a Globe-Weis 5x8 file box, the green office file boxes you see in offices, about 400 notes per box. The sleeves cost me $0.36 each in lots of 600 sleeves, smaller orders can run $0.40 cents apiece, and the boxes are about $15 each. So my cost to store my 3,500 note collection is just over $1300, or $0.385 per note. This is far less than even the inexpensive binders and pages. Were I starting over as a collector, I would never use albums and pages, I've learned that lesson. Spending $300 a year on new albums and pages is just not smart collecting, now I'm spending about $75 a year on storage and putting the additional funds back into more notes.

I prefer the sleeves to pages for more reasons than cost : I can examine the note more closely, and sort and organize them into order without handling the note. I can remove a note from my primary collection to my secondary holding collection just by moving the sleeve from one box to the other, very simple. The boxes take up far less room than albums, as well. I don't feel the need to have albums to show other folks, we can look at a country's notes using the sleeves just as well. I think they prefer to look at a few notes in hand rather than page through an album, anyway.

For the lowest lifetime expense of storing your collection, whatever size it may be, I recommend the sleeve system. My notes range in value from $0.50 to over $1000, so archival storage is the main consideration, then cost of storage. I see no reason to increase storage costs as note values rise. I would rather put my hobby budget into additional banknotes, not storage albums and pages.

I still keep oversized notes in an album, but this is nothing compared to the collection of 3,500 notes.

Graded material is similar, I use a 6x9 file box for them. Very inexpensive storage. If you keep notes in a safe, boxes are easier, as well.

I get my sleeves from Beate Rauch in Las Vegas, seems to be the least cost from that source.
Edited by paxbrit
02/08/2018 12:48 pm
Valued Member
United States
175 Posts
 Posted 02/08/2018  4:04 pm  Show Profile   Bookmark this reply Add qaman to your friends list Get a Link to this Reply
Thanks guys, I like the sleeve route as I am just starting, I only have about 100 so far but noticed it was going to get expensive doing albums and these are not high end notes so far.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/08/2018  8:06 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Welcome to the hobby! It's a great deal of fun, no doubt about it.

A little advice :

1.) Consider your lifetime collection storage expense, as noted above. Expensive albums and displays have little or no resale value, it's a sunken cost.
2.) Consider the purpose of your collection. Are you just having some fun getting a bunch of cheap notes? Do you kinda sorta plan on 'investing'? What are your goals?
3.) Consider a theme for your collection. Women on notes, ships, Europe, Africa, monarchs, etc., etc.
4.) Realize that after about 1,000 notes, your expenses are going to rise.
5.) Some basic rules : Quality over quantity, cheap once is cheap twice, and condition, condition, condition.
6.) Enjoy whatever you decide to do, and recognize your collection will evolve and change over time. I'm still collecting much worldwide material, but Latin America is now of no interest. Neither is Vietnam or Bangladesh, the notes are bland and of little value.
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Lembafc's Avatar
Korea, Republic Of
489 Posts
 Posted 02/08/2018  11:24 pm  Show Profile   Bookmark this reply Add Lembafc to your friends list Get a Link to this Reply
I probably have around 500 or 600 notes or so and I keep most of them in a nice banknote book. I put each of them in sleeves and then in the holder in the books and each of the books hold 100 notes. I then have them all on a book shelf. My uglier notes I keep in a wooden treasure box to show random folks/give to children in the family.
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CelticKnot's Avatar
United States
12813 Posts
 Posted 02/09/2018  02:02 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@pax...excellent guidelines.

I would say, that on your #1 point, even though storage is a sunken cost, it's critical to the success of any serious collection.
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techwriter's Avatar
United States
1285 Posts
 Posted 02/09/2018  10:28 am  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
paxbrit wrote:
Quote:
I get my sleeves from Beate Rauch in Las Vegas, seems to be the least cost from that source.


One of the nicest ladies with whom you'll ever do business.
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techwriter's Avatar
United States
1285 Posts
 Posted 02/09/2018  10:33 am  Show Profile   Bookmark this reply Add techwriter to your friends list Get a Link to this Reply
Now, back to the subject. One thing I have noticed lately is that several world paper money dealers have gone exclusively to the 5x8 holders, regardless of note size. I asked about this and received same answer: "easier to store just one size". Also, if you're buying 5,000 at a time or even more; the price is significantly lower per each.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/09/2018  11:42 am  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
@CelticKnot, yes, it can be a very critical thing. The main consideration really isn't cost, it's whether or not your storage is archival. Mylar is the only archival material, and a minimum thickness of a page pocket or a sleeve should be 4 mils, for protection.

Toss your notes in an envelope or a box in a drawer, and you're going to not only lose a grade over time, but you'll lose interest in the collection itself.

House them properly and keep them in a conditioned environment. If you do choose to use albums, make sure you add slipcovers to them, to keep the dust out.
New Member
United Kingdom
8 Posts
 Posted 02/11/2018  06:50 am  Show Profile   Bookmark this reply Add pcuk to your friends list Get a Link to this Reply
Hello All, Great advice there. A naive question here but, do you also put a sticker onto the mylar giving details of pick number, where bought, price, grade quoted, grade agreed with? etc etc. Just thinking that some notes would need more info than others and maybe spoiling the initial look of the holder.
Thanks Paul
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United States
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 Posted 02/11/2018  11:59 am  Show Profile   Bookmark this reply Add ichirensha to your friends list Get a Link to this Reply
This thread has been very helpful as I've been wondering how to store my world banknotes. Right now I just put them in appropriately sized mylar top load fold-over sleeves and into large envelopes but I really like paxbrit's method of uniform 5" X 8" sleeves in a 5" X 8" box. Before I change over to 5" X 8" sleeves, I might try using my existing sleeves with 5" X 8" card stock in between them. I hope someone answers pcuk's question as I'm also curious about labeling the sleeves.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/11/2018  12:32 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
@pcuk, if you want to add a peelable label to your sleeve, go ahead, but I don't do that, it just costs money and takes time to fill out. I don't want to detract from the note in the sleeve, and all the information goes into my collection spreadsheet. No point in redundancy, I figure.

Unless the labels are peelable, you have to scratch off the residue if you want to re-use the sleeve for a different note.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/12/2018  3:50 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
You can start out with 5x8 sleeves and boxes inexpensively, then decide later to put some or all of your notes in albums, you'll still be paying a lot less money than if you start out with albums and decide later to go to sleeves.
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scopru's Avatar
United States
5029 Posts
 Posted 02/12/2018  4:49 pm  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Good information given the wide array of world not sizes.
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paxbrit's Avatar
United States
992 Posts
 Posted 02/14/2018  3:31 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
5x8 sleeves seem to fit the vast majority of the world notes I have, the very few oversize notes go in an album, probably less than 20 out of 3,500 notes.
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