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Just Inherited A Collection And I'm Clueless.

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still_learnin_24's Avatar
United States
2 Posts
 Posted 02/12/2024  9:19 pm Show Profile   Bookmark this topic Add still_learnin_24 to your friends list Get a Link to this Message Number of Subscribers
This is about one-tenth of the collection. While I am an avid record collector, I've never collected money, so I'm completely lost as to where to start beyond ebay completed listings, and don't even know what half of them are, as they are in so many different languages I don't recognize. I'm looking to get information on where the best places to go to learn more about valuation are, and what I can do to pinpoint some that may have stand-alone value, since there are so many. My plan is to hold on to some as a keepsake, and sell the others. Any help is appreciated.
Just-Inherited-A-Collection-And-I'm-Clueless.
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HondoB's Avatar
United States
24878 Posts
 Posted 02/12/2024  9:58 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
to the CCF, still_learnin_24! I'm sorry to hear of your loss, and will try to assist you.
I recognize the majority of the bank notes in your picture. For the most part, they are recent issues with low value. I see them frequently on a particular auction site for $1 each and generally are passed.
You can look up individual notes on Numista, and there are usually links to ebay or other auctions on each page:
https://en.numista.com/catalogue/in...?ct=banknote
Inordinately fascinated by bits of metal with strange markings and figures
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/13/2024  09:02 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Hondo sums it up well.



to the CCF!
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hfjacinto's Avatar
United States
7273 Posts
 Posted 02/13/2024  10:41 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Like Hondo posted above Numista is the best place to find basic information on notes. I would separate by country, I recognize a few of the notes and the ones I know are common and not worth much. Value also depends on condition, most collectors will want a high grade uncirculated note. Looks like all are in sleeves which means the person you got the from was a collector. You might have a gem or 2 in the pile. Good luck.
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IndianGoldEagle's Avatar
United States
36436 Posts
 Posted 02/13/2024  1:23 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
To try to get a decent value for the collection, you will have to invest many, many hours doing the research. Local coin shops buy currency like this at .10-.25 each. The only pieces that jumped out at me were the Iranian notes with the Shah on them. The others looked pretty common. As Hondo mentioned, start at Numista to ID the notes. Here is one more site you could check for ID'ing the notes but it does not give a current value.
Edited by IndianGoldEagle
02/13/2024 1:25 pm
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joewobblie's Avatar
United States
238 Posts
 Posted 02/13/2024  2:39 pm  Show Profile   Bookmark this reply Add joewobblie to your friends list Get a Link to this Reply
I would be happy to look up items for you if the moderators would allow an exchange of emails - it is not allowed unless we both have more posts.
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 02/13/2024  5:46 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
I agree with the consensus above: separate by nation, take your time, use whatever online resources you can, ID each note using Numista (or Banknote Museum) & then try to get a fix on value. The higher the grade (condition) the closer the value will approach B.V or what some people ask on ebay. It might be a good idea to start a spreadsheet or just list what you have & try to get each note's P# (catalogue #) for future reference (ID it).

The notes that look promising are:
$5.00 from Bahamas (an orange/red note, depending on the year/signature/condition). This note could be close to $100 in UNC
$5.00 from Bermuda (can't see what year it was issued in). Bermuda notes are smoking hot in terms of popularity.
$10 from Eastern Caribbean Central Bank (Blue & depending on suffix, signature plus condition). This note could be close to $100-$150 in UNC (depending on which island issued it/suffix letter)
$2.00 from Fiji may be worth about $20 if its UNC
200 Rials (& the commemorative with Shah & father) from Iran may be worth a little more (especially if its the P-103a/6 star design on back). As a rule, a lot of collectors seek the arabesque overprint of the Shah so these can be more pricey.

For Numista catalogue:
https://en.numista.com/catalogue/in...?ct=banknote
For BNM (Banknote Museum)
http://www.banknote.ws/

Enjoy discovering what you have.
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oriole's Avatar
Canada
5238 Posts
 Posted 02/13/2024  8:28 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I see some high denomination Swiss and German notes. The German ones are redeemable in principle if they can be sent to Germany. The Swiss ones should be if they are not too old, but if they are not current you would need to find an organization like leftovercurrency dot com.

Danish ones should be redeemable. You may have others as this is only 10% of what you have.

I see a US 2 dollar bill there too.
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 02/14/2024  4:34 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
I see some high denomination Swiss and German notes. The German ones are redeemable in principle if they can be sent to Germany. The Swiss ones should be if they are not too old, but if they are not current you would need to find an organization like leftovercurrency dot com.

Good eye oriole
I agree with his advice to exchange any note you can (especially if its a circulated higher denomination). Too many newbies (or older collectors who never educate themselves) incorrectly assume circulated high denoms are "collectible." They may get this from being on Reddit (other SM sites) or just assume everything is collectible. Most circulated notes are very common (sit forever in dealer's bins &/or quite expensive for collectors to sell with sellers fees). If you wish to get something out of your new collection, you should just cash in whatever/however you can.

Watch this video on a note's condition:
http://goccf.com/t/459812

Or take a look at PMG's grading scale:
https://www.pmgnotes.com/paper-mone...ading-scale/

to get a better understanding of how collectors grade. Notes that are AU or less, should be spent (IMO) except the few I mentioned.
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Anaximander's Avatar
United Kingdom
709 Posts
 Posted 02/19/2024  12:11 pm  Show Profile   Bookmark this reply Add Anaximander to your friends list Get a Link to this Reply
When you have dealt with the more valuable stuff, why not donate what is left to a primary school or geography teacher for using in lessons?
Valued Member
United States
64 Posts
 Posted 03/23/2024  3:18 pm  Show Profile   Bookmark this reply Add currencyden to your friends list Get a Link to this Reply
I totally agree with Anaximander about donating the notes you don't want to keep or sell. Both a my children took notes from the country they were doing reports on. Soon I had requests from dozens of classmates! The banknotes always have people, places, or events of the country and make for great research opportunities for the students. I would suggest Junior High School donations.
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