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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".
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.
Albert Pick (15 May 1922 – 22 November 2015) was a German numismatist.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.
In the paper money collecting community, the company is known for its paper money catalogs. In 1975, the first edition of the seminal Standard Catalog of World Paper Money authored by Albert Pick was published. Its numbering system, the Pick numbers, is widely used to identify banknotes. [5]
It is believed that people have been collecting paper money for as long as it has been in use. [citation needed] Notable early collectors include Maberly Phillips (1838-1923), Henry Strakosch (1871-1943), [1] Fred Catling 1873-1947), Arnold Keller (1897-1972) and Albert Pick (1922-2015). [2]
Paper Money of the United States, 19th Edition. Clifton, NJ, The Coin & Currency Institute, Inc. ISBN 0-87184-519-9. Heitman, Francis B. (1914). Historical Register of Officers of the Continental Army During The War of the Revolution. Washington, DC, The Rare Book Shop Publishing Company, Inc. Sobel, Robert, (ed.) (1990).
Play money may resemble real banknotes or be entirely fictitious and would typically be used by children for play, or as promotions or political or commercial advertising, often with additional messages overprinted or printed on one side.
[2] [3] Uncut American paper money issued prior to that is a rarity. [ 4 ] [ 5 ] As of December 2019, the U.S. Mint's online store offers uncut sheets of $1 , $2 , $10 , $20 , $50 , and $100 notes.