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universalcurrency

Collectable paper money a good investment?

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Having recently sold some paper money I inherited on a well known auction site, I am beginning to wonder if it is a more straight forward trade and or income then pm's and numismatics.

For one assessing the grading (IBNS system) seems simpler if done yourself not 3rd party, 2ndly no fluctuating spot price as the underlying (paper) is essentially worthless, 3rdly storage deterioration and possible shipping damage seems less of an issue.

On the last point how many times has one of us experienced damage in shipping....

Of coarse paper is not an absolute store of value, like pms though history, nor can you garantee which notes will rise in value.

Let me know your views on paper money as a hobby, investment or side trade.

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Thanks for starting a thread on this topic; it's an area of collecting that I know nothing about but it does appeal to me.

Will be interesting to see what others think and advise.....

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