Paper Money

Notaphily is the study and or collection of paper money or banknotes. Collecting banknotes have been a hobby probably since the inception of paper money. Notaphily, the art and science of collecting and studying paper money, comes from ‘nota’ a Latin word meaning paper money and ‘phily’ a Greek word meaning love. So Notaphily means love for paper money. A notaphilist is a collector / researcher of banknotes, paper money, paper currency or plastic notes.

As the study needs various aspects like:

1. Currency regulating bodies,

2. Technology of Printing,

3. Material used,

4. Security parameters,

5. Printing locations and Printing Press,

6. Period / era of printing,

7. Governor or Signatory details,

8. Denomination and exchange values,

9. Design parameters, details inscribed,

10. Distribution methods,

11. Identity of the banknote,

12. Issued date, validity,

13. Demonetization / cancellation from circulation

14. Various collection methods

and other aspects which gives a pleasure and knowledge through the research, this hobby has received a great participation from all over the globe and each one of the Notaphilists have tried extracting and presenting their research covering various themes and information that gives the currency a new value system.

It is believed that people have been collecting paper money for as long as it has been in use. While people began collecting paper currency more systematically in the 1940s, the turning point occurred in the 1970s when notaphily was established as a separate area by collectors. At the same time, some developed countries such as the USA, Germany and France began publishing their respective national catalogues of paper money, which represented major points of reference literature. In 1961, The International Bank Note Society (IBNS) was formed as an international association of banknote collectors. Nowadays it has thousands of members from around the world. The IBNS publishes the quarterly IBNS Journal, holds regular mail bid auctions, and promotes lectures at congresses.

Please navigate the subpages / sections in the Paper Money to explore more information, ready templates and some key information to keep yourself updated in this hobby and your collection.