How to Store Paper Money
Knowing how to store and preserve paper money is paramount for any collector. In this article, we bring you a few tips that will keep your money in prime condition.
If you are a paper money enthusiast and would like to hold on to your banknotes for a long time, it is imperative that you learn how to store them properly. Preserving paper money isn’t too difficult of a feat, and when done right, you will have these precious notes for years to come.
Where should you store paper money?
Where you save your money is as important as what material you will use to preserve the money. The main thing is to keep the money in a cool, dry place. You must ensure that your money is in a place with low humidity, as the recommended humidity is between 45 and 55%. The notes must not be exposed to direct sunlight. It is not recommended to store your banknotes in the attic or basement because too much heat or humidity will negatively affect the quality of the material. Make sure that the temperature in the storage area does not exceed 75 degrees Fahrenheit.
Smudges on banknotes result from handling them with your bare hands. You might think that your palms are not moist, but in reality, they have water and oil, which will transfer to the notes and lower the quality. When handling your money, it is recommended that you wear soft cotton or nitrile gloves. Additionally, try to limit the frequency of handling the paper money to avoid deterioration.
Store your banknotes in Mylar sleeves or sheets
Pages or sheets are one of the ways for how to preserve paper documents, and they are also handy for storing your paper money. Sheets have many advantages; they allow you to display your bank notes safely while at the same time, keep the notes visible from both sides of the sheet. Thus with sheets, people will be able to admire your banknotes without touching them. Consider buying Mylar banknote sheets because they will maintain the condition of your notes from the moment you store them.
Paper money sleeves, on the other hand, come sealed along two sides and the bottom to allow easy access to the notes. Unless you want to access the money, they will be completely airtight within the sleeve.
One of the most important things about the Mylar polyester holders for banknotes is that they are totally acid and PVC-free as that is detrimental to notes. With the polyester material, you are guaranteed the safety of your paper money. Mylar storage products are of high quality that can be used to store even the most precious of documents. To preserve the value of your banknotes, you should not be afraid to spend some money to buy the best quality storage material.
Make frequent checks on your banknotes
Banknotes are vulnerable to many things, even with the best banknote holders. You can never be too careful. Make routine checks on your notes to see how they are holding up. This way, you can find any damage before the notes are too far-gone.
If you want to clean your paper money, it’s best to take it to a professional restorer. Remember, banknotes that have been treated in any way will have a lower rating, according to PMG. So if you want your notes to receive a high PMG rating, be careful in how you handle the currency.
Bottom line: there are three things to remember about storing your bank notes are:
- Minimal handling and never without the right gloves
- PVC and acid-free storage always
- Correct humidity and temperature is paramount
You can purchase banknote by visiting Banknote World.
In another word I can say tracking of money is very essential. Otherwise you can’t save your money. Look the debit card / credit card history so that we can set the proper budget. Monthly expanses you have to manage.
Thanks for commenting, You are absolutely right!
Paper money payment is as important as online payment. When we buy any small thing then we will use paper money, and when we took loan and set up IVA then we can repay the money by paper money instead of online payment. So saving of paper money is very very important.
El dinero, por otro lado, es un recurso escaso. Entonces hay que aprender a manejarlo bien, a cuidarlo (protegernos) y a hacerlo crecer. Lo cual también significa asignarlo de acuerdo y en línea con nuestras prioridades en la vida: lo que es más importante para nosotros.
Can I use a vacuum sealer to keep a stack of 100 bank notes (paper and polymer) withdraw from a bank.
To protect from the elements it will help.