Currencies Notes and Coins Collection
By aeiou78
@aeiou78 (3445)
Malaysia
January 12, 2011 9:11pm CST
Many people have the hobby to collect the currencies notes and coins as a sovereign.
I don't understand the purpose of doing so.
In fact, the money we own is for us to spend and to invest.
When we keep those currencies notes and coins as sovereigns, they will lost their values later.
I am sure many currencies notes and coins collectors will disagree to me.
May I know if there is any good reason to persuade me in this hobby?
4 responses
@yspmyl (3435)
• Malaysia
13 Jan 11
There are all kind of people in this world and they all having different interest on something, some people like to collect notes and coins, and that is for sure, is their interest. Some of the people only collect specially currencies notes or coins that printed wrongly and they believe that it has the value and when time goes by, the value will increase and later they can sell it for a higher value.
Just like the banana money that issued by the Japanese government during the Japanese occupation of Singapore, Malaya, North Borneo, Sarawak, and Brunei between 1942 and 1945, the 10 dollar notes worth RM75 per piece. So, you can see what is the value of such a collection.
@aeiou78 (3445)
• Malaysia
13 Jan 11
So fantastic.
As what I can recall my late grandfather's story, they bought a full big bag of the Japanese's currency notes when they just surrendered in Malaya.
Later, they found out those notes lost their value.
Unluckily, they threw all of those useless papers away.
Damn, they should keep them for me to sell now.
@yspmyl (3435)
• Malaysia
13 Jan 11
They throw a full big bag of the Japaneses banknotes? What a waste, if they keep it till today, how much will the whole bag of money worth.
But you can't blame on them, they hated the Japanese so much, so it is not a surprise if they throw away everything that related to Japanese. Who will know that a useless paper will worth RM75 today?
@asliah (11137)
• Philippines
17 Jan 11
hi,
collecting currencies notes and coins are nice hubby,
but of course it will lost their values.
when i was a kid i love to keep different coins but later on i just wary on it.
@hushi22 (4928)
•
13 Jan 11
count me in pal. hehehe
i collect currency notes. hmmm..actually no one persuaded me, but it was more probably because my brothers kept on going abroad as in different countries so when we meet they give me some notes from other countries and i found them nice and interesting to keep than change into our own currency.
@aeiou78 (3445)
• Malaysia
14 Jan 11
You are not keeping the foreign currencies notes and coins for sovereign.
ha! ha! ha! You finally convert those notes and coins into your own currency to spend.
You are smart.
Just spend and enjoy what you have at the moment.
We never know what is going on later.
Good luck to you
@hardworkinggurl (37063)
• United States
13 Jan 11
I am no collector but do know that many do so as they feel the value for years to come will increase in value. I suppose this is only warranted on rarity and uniqueness of certain collector coins.
