Papermoney Dictionary

G

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G — Good. A pricelist abbreviation.

gemeinschaft — Association, in German.

generalist collector — A collector who is not a specialist. A "worldwide" collector. A collector whose interests are not confined to one or a few countries, areas or topics. A generalist collector can be, additionally, a specialist, but not visa-versa. Antonyms: Specialist collector, topical collector.

geschäftsführung — Business administration, in German.

gobierno — Government, in Spanish.

goed voor... — Good for..., in Dutch.

Gold Certificates — Nine separate issues of USA papermonies, 1863-1922, redeemable in gold coins on demand. The redemption privilege was rescinded by law during one of FDRs administrations, though the notes are still legal tender. Who was it that was so adamant against American citizens owning and operating with gold coins? And why? These are the kind of politically incorrect questions that conspiracy theories are made of.

gold note — A gold certificate or other note payable in gold.

Gorilla note(s) — Notes issued by and for simians. None are known yet. Seems that they're still pooling their money to purchase a typewriter so that they can spell out S-h-a-k-e-s-p-e-a-r-e.  The term itself, however, has appeared on numerous pricelists issued by dealers intending to offer [Philippine] guerrilla notes, qv.

government note — A note issued and backed by a government.

governo — Government, in Portuguese.

grading — The art of, as distinguished from the science of, ascribing a condition or grade to a collectible. While certainly one of the most important aspects of determining the monetary value of a note, and therefore a good candidate for inclusion in this dictionary, it soon became apparent to me that this would double the size of PD (would you believe add at least ten pages?). The problem lies in the fact that nobody has yet come up with a system that is meaningful, yet simple enough so as not to detract from the enjoyment of collecting. Not that people haven't tried. In fact, in the late-Sixties and early-Seventies, the "invention" of grading systems became a cottage industry, with everybody with a voice box chirping in. Then, of course, there are the multitude of European countries, each with their own systems, somehow derived from their respective numismatic systems. I may achieve a breakthrough by the time I'm ready to publish the next edition, but don't hold your breath. At this point in time I'm toying with a 3-D model...Anyway, I leave you with two thoughts. First, just to get along, use the grading system provided for you in the catalog you use most. For example, the Pick Catalogue provides a system that is as good as any. Second, if you do decide to invent your own system, remember that it's no trick to invent ever more complex systems. If papermoney collecting ever becomes to resemble coin collecting with something similar to those horrid MS-numbers (imagine having to pay some third party flunky to tell you what your treasure grades out at!), I'm going to throw in the towel, and concentrate my collecting efforts entirely on Magnetic Monopoles.

graffiti — Unauthorized writing, rubber stamping, etc, added to a paper collectible in circulation.

granite paper — A type of safety paper (security paper) that has tiny colored fibers of silk running thru the original paper pulp. Not to be confused with silk paper, qv.

greenback — Another name for United States Note(s), first issued in 1862, and a prevailing nickname for all modern notes of USA. [Any Small Size Note you'd find that did not have a green back would have to be an error note.]

Gresham's Law (or Theorem) — Named after Sir Thomas Gresham, English financier, the "law" states the tendency, when two or more coins are equal in debt paying power, but unequal in intrinsic value, for the one having the least intrinsic value to remain in circulation, and "driving" the other out, ie, to be hoarded.

Grossherzogliche — Grand Duchy, in German,

guerrilla note(s) — Papermonies issued by guerrilla troops. The term is especially associated with over 3000 different emergency notes issued in The Philippines by natives and USA troops who continued to resist the Japanese occupation during World War Two.

guilloche — The design which frequently surrounds a denomination numeral on a note. By extension, any geometric or otherwise ornamental design which surrounds a specific part of a paper document.

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