BANKNOTE AUCTION

There are 197 countries in the world. Each of them has its own banknotes, and each of these banknotes has its own background. Some appeared earlier and have already become a rarity, some changed, went through several stages of development to their current state.

Banknotes collecting has a long history. Did you know that the first paper money appeared in ancient China? Emperor Wu of Han put into circulation receipts that replaced up to 10,000 coins. According to scientists, then the first collectors of paper money appeared. Or, maybe, debt collectors?

The significant period in the history of paper money is considered to be the years of the Yuan Dynasty, from 1271-1368, when paper money was made convertible into silver, gold, or bronze.

The form of banknotes has changed and is constantly changing. Previously, it could be shells, ingots, then coins, banknotes, and now also virtual. But since money plays a crucial role in the life of society, collecting them is incredibly common. Paper money is studied by an auxiliary historical discipline - bonistics.

You can sell and buy them on our website, in the "Bonistics" section. This is one of the largest banknote auctions, divided into 17 sections for the convenience of site visitors. Each of them contains thousands of paper lots from most countries of the world.

COLLECTING OLD BANKNOTES

The value of old banknotes is determined by a number of factors.

Even banknotes in circulation eventually acquire a value higher than their face value, but this takes decades and even centuries. However, there are also many examples when getting banknotes no older than 100 years brought a fortune.

Collecting banknotes is quite an exciting and interesting activity. Bonistics is among the ten most common types of collecting.

The trend for paper money in Europe and North America came only in the middle of the twentieth century. Subsequently, national catalogs of the leading Western countries appeared, covering their paper money history. And, recently, an attempt was made to present all world banknotes in one catalog. The number of bonists is becoming so great that collections are beginning to form according to thematic areas.

Banknotes of the world

The cost of a particular note depends not only on its state, but also on its uniqueness. If the number of certain bonds on the market is noticeably lower than the number of those wishing to purchase them, then the price rises to such a level that most collectors will be left behind. Important components in the price of any banknote of the world are its circulation and year of issue.

However, even banknotes with the same date of issue differ significantly in value, as the rarity of the varieties also matters (for example, the signature of a certain manager or cashier).

An attractive number on the banknote plays an important role. And if the state of the paper the banknotes are made of is excellent, then this is also a significant reason for the rise in price. Sometimes a historical aspect plays its part, and then, on the wave of general interest, these pieces increase in price.

Collecting banknotes is a great way to invest funds and grow them. According to experts, a stable growth is from 10 to 20% per annum, regardless of inflation, rising gas and oil prices, and the world currencies exchange rate. A few rare banknotes can well be worth a fortune, which does not need banking services, cash collection, and all the attributes related to ordinary money.

And yet, by collecting banknotes, you will get an insight into the history of those countries they were made in - periods of prosperity and crisis, the political situation etc. Banknotes did not cease to exist or be produced during the period of wars or revolutions.

Any collection, as a rule, doesn’t decline in price over time. Bonistics is becoming more and more popular amongst collectors and dealers in the antique business and always transforming into their own personal treasury. And the fact that money is inseparable from anyone’s life, their history is an exciting and valuable investment.