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An internationally acknowledged authority on the subject of paper money, Pick wrote the first modern catalog of banknotes in 1974, and is widely credited with establishing the modern face of banknote collecting. His Standard Catalog of World Paper Money is the standard reference work for banknote collectors worldwide. [1]
The Standard Catalog of World Paper Money was a well-known catalogue of banknotes that was published by Krause Publications in three volumes. These catalogues are commonly known in the numismatic trade as the Pick catalogues, as the numbering system was originally compiled by Albert Pick, but are also referred to as "Krause" or "SCWPM."
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. The term was coined in 1970 by Robert Stanley, a linguist then employed as Public Relations Manager of the collectors and investments firm Stanley Gibbons , in a ...
A paper money catalog or banknote catalog (or catalogue) is a catalog of banknotes and articles relating to notable examples. The catalog is an essential tool of collecting as it provides information about the articles that many times cannot be extracted from them directly, such as the number of printed banknotes.
People also enjoy collecting currency with high numbers, and these can be even more valuable than lower numbers because there are fewer in circulation. Bills marked with 99999900 and higher are ...
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.