As the saying goes: "Buy gold in a chaotic world, collect it in a prosperous world". With the continuous improvement of people's living standards and spiritual level, the collections of antique coins, calligraphy and paintings that have always been loved by literati and scholars have increasingly entered the homes of ordinary people. Coin collections have always been an important part of collecting, and coin collections are divided into many circles. Among them, there are mainly the following circles: ancient coins, Qingmin banknotes, modern mechanism coins, modern metal coins, renminbi, foreign currencies and so on.
Banknote collection, especially RMB banknote collection, is relatively a variety with a low threshold and a fast entry among all coin collections. However, if the basic skills are not solid, it is easy to step into various misunderstandings.
First, accumulate basic paper money knowledge
In any field of art collection/investment, expertise often ends up being transformed into tangible wealth. Whether at home or abroad, or from ancient times to the present, the renminbi is born with the functions of collection appreciation and investment and financial management.
If you have been deeply engaged in this field for a long time and reach a certain professional level, you will often achieve a double harvest of collection appreciation and investment and financial management. But if you focus too much on investment/speculation and ignore the essence - the study of currency knowledge, in the long run, will often suffer losses.
How to accumulate: buy catalogues/reference materials, visit the coin market, go to the numismatic professional website, constantly communicate with friends, appreciate more physical objects, and summarize personal knowledge, this is the most basic introductory homework, only in this way is it more conducive to the development of a veteran.
Second, how to information symmetry
For novices, how to effectively solve the problem of information asymmetry is also crucial. We are in the best of times, and in the fastest times, two very different worlds compared to 10 years ago. 10 years ago, there was a time lag in coin prices in big cities, let alone smaller cities. But now the Internet is developed, overcoming the geographical difference from the time difference, can achieve the update of online synchronization information, and even synchronize information with foreign countries, really across time zones and regions.
Third, a good collection mentality
The collection originally contains historical significance and its own value, and there is no distinction between noble and low, but the level of collection is high or low.
For the collection of renminbi banknotes, no one has enough financial resources or smooth channels to collect all the coins. From the perspective of a novice, it is not advisable to want to improve yourself as soon as possible, grab it, want everything; it is recommended to start with the collection of three editions, otherwise you will eventually empty your wallet for this. Learning to choose trade-offs and choose the coins that are truly related to you from your own point of view is the basis for beginners to move to a higher level.
Fourth, the awareness of fine products
After getting started, collectors need to gradually establish a sense of quality. What is a boutique? Fine products are divided into high-end boutiques and mass boutiques. High-end boutiques, as the name suggests, are the pursuit of top collectors and clubs of the rich. For example, one version of the big set and two versions of the big set. Coin collections generally have 3 values:
1. Appreciate the value;
2. Investment value;
3. Show off value.
For high-end boutiques, there are many ingredients that show off value. For example, the three editions of backwater, PMG70 full semicolon, Tongtian number, etc., these are all high-end boutiques, and will definitely only circulate in high-end collectors' circles or appear at auctions in the future. These things are definitely all things that are wide open doors.
For general coins, the market price is relatively transparent. However, for some early fine paper money or special number coins, due to their extreme scarcity, they have become a full-fledged seller's market.