The essence of RMB collecting lies in the condition of the notes. Collecting RMB with poor conditions has little significance, either from the perspective of appreciation or research. The website "Kaiyuan Zangbao" (http://www.kycb.net) reminds collectors that the essence of RMB collecting lies in the condition of the notes.
People often fail to properly store their RMB collections, resulting in damaged banknotes. Poor conditions directly affect the collection value of RMB. The price difference between well-preserved and poorly-preserved notes of the same type can be several times. When purchasing RMB, one must not only carefully examine the notes but also pay attention to proper storage methods. Many people have collected valuable RMB, but due to improper storage methods or lack of attention, the value of their collections has significantly decreased.
RMB with extremely poor conditions should not be collected. Currently, the first and second series of RMB that have been withdrawn from circulation have few surviving copies in pristine condition, especially the first series, which are rare and expensive. For most RMB collectors, these are out of reach. Therefore, they usually collect used first and second series RMB. However, RMB with poor conditions has little collection significance from both the perspectives of appreciation and research. In other words, RMB with a condition below three should not be collected.
For example, a full-condition "Back Green Watermark Jiao" from the third series is worth around 50,000 yuan. If it has creases, its value will significantly decrease. A Mr. Zhang from Beijing collected some "Jiao" notes from the third series in earlier years and wanted an expert to appraise them to see if they were valuable. He found a coin appraisal expert from the Beijing Collectors Association. The expert appraised more than 20 banknotes brought by Mr. Zhang and discovered a "Back Green Watermark Jiao." Unfortunately, due to poor storage, the note had creases, and the expert estimated its value at around 10,000 yuan.
A good 50,000 yuan note suddenly became worth only 10,000 yuan, with a value difference of five times. This was a very valuable banknote, but due to improper storage, it developed creases, which was quite regrettable.
The condition of RMB is the essence and most important aspect of RMB collecting. If the condition is poor, even if it's a "Back Green Watermark Jiao," it won't be worth much money.
Kaiyuan Zangbao website introduces methods for preserving RMB collections:
Managing RMB collections is easier than managing stamp collections. Stamps are delicate and prone to mold, yellowing, insect damage, and spotting. RMB without back glue, printed on high-quality paper with advanced techniques, can still suffer damage if not properly stored.
When storing RMB collections, attention must be paid to keeping them dry and away from sunlight. When handling them, ensure your hands are clean and dry, and it's best to wear gloves and use tweezers to handle the banknotes.
RMB collections must avoid humidity; otherwise, the notes may develop small yellow spots, affecting their condition. When collecting individual notes, it's important to store them in boxes or albums to prevent creases, as creases can greatly reduce their collection value.
Managing RMB collections is easier than managing stamp collections. Stamps are delicate and prone to mold, yellowing, insect damage, and spotting. RMB without back glue, printed on high-quality paper with advanced techniques, can still suffer damage if not properly stored.
In summary, RMB collectors should first understand the market trends of RMB collections and recognize that proper preservation is an essential part of collecting. They should also pay attention to the condition of the RMB. To learn more about collection information, visit an authoritative collection website like New Century Collection Gift Network, which integrates coin collection, RMB collection, stamp collection, coins, stamps, consecutive banknotes, commemorative banknotes, gold and silver coins, and collectibles.
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