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The World of Paper Money
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Special Exhibits
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Banknote collecting, or "Notaphily", is a rapidly growing area of numismatics. Although generally not
as widespread as coin and stamp collecting, the hobby is increasingly expanding. banknote also known as
paper money is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer
on demand, used as money, and in many jurisdictions is legal tender. Along with coins (which can be used in
Vending machines, slot games and jukeboxes), Paper
money make up the cash or bearer forms of all modern money.
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Latest Banknote News
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Tajikistan
August 31, 2010 - Tajikistan will introduce new 3, 200 and 500 Somoni banknotes on September 10, 2010.
The new notes will feature outstanding Tajiks, historical monuments, and art and life of the Tajik people.
Info courtesy of cleo phas. lenta.ru
Mexico
August 30, 2010 - The Bank of Mexico has issued a new 500 Peso note. The note is the last of the new series with
improved security features. Previous issues include 50 Pesos (2006), 20 Pesos (2007), 1,000 and 200 Pesos (2008).
Link in Spanish with pictures of the new note courtesy of cleo phas Banco de Mexico
Chile
August 23, 2010 - On Wednesday October 6, the Central Bank of Chile will unveil the design and announce the date of
circulation of the new 2,000 Pesos, the fourth in the new family of banknotes that will replace the current one.
Info courtesy of cleo phas La Araucana
.News Archive
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Recent Acquisitions
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Vanuatu 10,000 Vatu 2010 Polymer, Scans courtesy of Yuri Minkin
... 
Romania 5,000,000 Lei 1947
... 
Gibraltar 10 and 50 Pounds 2010
... 
Gibraltar 50 Pounds 2006
... 
Iran 100,000 Rials 2010
... 
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Prior to the 1990s, currency collecting was a relatively small adjunct to coin collecting, then bingo! The practice
of currency auctions, combined with larger public awareness of paper money have caused a boom in interest and
values of rare banknotes. In the late twentieth century machines were designed to recognize paper money of the
smaller values long after they were designed to recognize coins distinct from slugs in slots and vending machines.
This capability has become inescapable in economies where inflation has not been followed by introduction of progressively
larger coin denominations.
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Last revised
September 2, 2010
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