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Can You Play Monopoly With Real Money
Monopoly Sold With Real Money Game
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Monopoly first hit shelves in 1935, and since then, more than 275 million game sets have been sold, Time reported. Although the game is ostensibly about buying and selling Atlantic City real estate, there are a number of valuable money lessons you can learn from playing the ever-popular board game.

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It’s Better To Invest Your Money Than To Stockpile Cash

“Although having an emergency fund is a great idea, there are important drawbacks to having too much cash,” said Andrew Latham, certified personal finance counselor and managing editor at SuperMoney.com. “It’s like Monopoly players who keep a tight grip on their initial $1,500, stash away every $200 they get for passing go, and never invest in properties or hotels. Sure, they may be cash-rich at the beginning, but they will never win the game. Of course, life isn’t a zero-sum game, so you don’t lose at life because you save too much, but it is certainly suboptimal to have a large cash reserve languishing in a checking or savings account — your money doesn’t grow. In fact, you will most probably lose money every year to inflation.”

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Once you have three to six months of living expenses saved up in a savings or checking account, start investing money in vehicles that will give you a higher return like CDs, stocks or real estate.

Don’t Overextend Your Finances

Can You Play Monopoly With Real Money

While you shouldn’t just sit on all your cash, it’s also a bad idea to go the opposite route and invest in or buy more than you can really afford.

Monopoly “teaches you about leverage and the negative impact,” said Morris Armstrong, founder and owner at Morris Armstrong EA LLC. “You can buy properties as you accumulate cash and even mortgage a property to get more cash. You can improve the lots and collect rents — until you get that card that assesses all your properties and you do not have the money to pay that special assessment. Maybe a little less aggressive borrowing policy would have kept you in the game. Do not overextend!”

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Monopoly Is Replacing 16 Cards to Better Reflect Community

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High Price Does Not Equal High Value

“People covet the most expensive properties — Board Walk and Park Place — but they are actually not the best deal,” said Ilian Georgiev, CEO and co-founder of the debt management app Charlie. “To maximize your chances of winning, you actually want to own Oranges, followed by the Yellows and Reds. Look for the best value, not the highest price.”

The same is true when it comes to investing in the real world, whether you’re looking to invest in real estate or the stock market.

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Being Able To Negotiate Is a Key Skill When It Comes To Your Financial Well-Being

“One of the few places where skill actually comes into play is negotiations,” Georgiev said. “Outside of luck, that is the main factor to determine if you win or lose. Learn to negotiate — but be nice.”

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Don’t hesitate to negotiate whenever possible — asking for a better deal for your cable bill or car insurance, or asking for a raise at work can help your finances to flourish.

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This article originally appeared on GOBankingRates.com: What Monopoly Teaches You About Real-Life Money

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EARLY MONOPOLY
GAME BOX DESIGNS
1935 - 1954

CLICK ON A GAME BOX

In 1935, Parker Brothers (PB) bought the rights to Monopoly from the 'inventor', Charles Darrow. This included Darrow's inventory of game parts. PB immediately began selling Monopoly games using the Darrow game parts.
The first games Parker Brothers made were marked TRADE MARK. About 24,000 - 25,000 of these were maunfactured. This included a small number of the No 9 long box, very rare today.
Parker Brothers applied for their own patent and the next group of their games stated PATENT PENDING or PATENT APPLIED FOR. Over 100,000 games were produced with this label.
This statement was used for a while in 1935, but they discovered that there were other games very much like Monopoly already with patents. To protect their investment in Darrow's Monoply game, they decided to purchase the 1924 patent to the Landlords game and added that patent to their Monopoly games. This is patent 1,509,312.
In the meantime, PB applied for their own patent on Monopoly. Their patent was issued on Dec 31, 1935, patent number 2,026,082.
The new patent was added to the labels and games produced from 1936 - 1941 included both patents printed on the labels. When the 1924 patent expired in 1941, they dropped that number from the labels and used only the later patent issued to them.
The phrase A PARKER TRADING GAME was added to the box tops in 1937.
Parker Brothers had an office in London and included this city on the labels of their Monopoly games. That office closed in 1940 and London was replaced by Chicago.
Dating early Monopoly games is done by the patent numbers and cities listed on the labels. Most early games can be dated within a few years using these label elements.
Canadian Monopoly games were introduced in 1936 and closely resembled the U.S. games with the different varieties. The earliest known Canadian game is the No 9 White Box with legals stating CANADIAN (Trademark) REGISTRATION APPLIED FOR and CANADIAN PATENT APPLIED FOR, described below. These seem to be extremely rare.
The game boxes pictured below show different label designs and kind of a chronology of manufacture. I'm always adding new box varieties so check back once in a while for updates.
Please feel free to email me with corrections, questions, or comments. Also, check out the online Vintage Monopoly Game Collectors group here. Lots of good stuff there about early Monopoly games.

~~Black and Blue Number 7 and Number 5 Boxes~~

This style box was a Darrow design and Parker