It is important to store dollar bills correctly in your home so that they do not deteriorate and are worth less.
Many savers can and prefer save in dollars and keep them in their homes. But the banknotes can deteriorate if special care is not taken. Knowing how to save and take certain precautions to save them prevents paper money from deteriorating and losing value when changing or using them.
Therefore, those who want keep your dollars outside the banksyou must take into account what “hiding places” can affect paper money.
Dollars in circulation.jpg
What is the mistake when saving dollar bills?
The first wrong place to store foreign currency papers is to do so in damp places or in cans. The main enemy of banknotes is humidity. Therefore, it is recommended to find a dry place that is not exposed to heat, such as places near a stove, which should be discarded.
Also, some choose to keep them in a can but, over time, the bills can be affected by rust and become stained.
One of the most economical options is to store dollars in small bundles inside zip-lock bags that are used for conservation.
Another common mistake when storing dollar bills
Assembling wads of bills with inappropriate elements
Storing wads of dollars with elastic bands is a very common method and also a mistake. The material of the bands, over time, deteriorates, becomes sticky, adheres to the bills and stains them.
Instead of elastic bands, a great alternative is to use a paper that wraps the bills.
folded bills
It is not advisable to fold the bills in half because it leaves marks, especially if they are the well-known “small face”, the oldest series of dollars.
This can lead to deterioration of the paper money, which is why it is recommended to leave them spread out.
Source: Ambito
