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Thread: Grading Your Banknotes

Grading Your Banknotes Posted by jaikumoney 15 years ago (19 Oct 2008)
This is from a books point of view VG: Very Good Such a note is about at the end of its useful life and is of very little value to a collector unless very rare. The Note will display major discoloration and staining as well as numerous tears and even pin holes. F: Fine The note will show soiling and heavy creasing and a number of small tears. Overall the note will appear to have lost much of its colour and brightness. VF: Very Fine A note showing distinct signs of wear although it will still be reasonably crisp and not limp. Numerous light folds or even one or two heavy folds will be noticed although the note will be free of soiling EF: Extremely Fine Such a note should be clean and crisp with only the slighteset amount of folding or creasing. Such a note may have up to three light folds. It should not be stained or faded or impart any other weakness. One should expect from a note which has only received marginal circulation. aUNC: About Uncirculated An uncirculated banknote with a teller counting flick or centrefold UNC: Uncirculated A Banknote as found in a bundle or section direct from NPA(Note Printing Australia). It will have no folds or flickmarks. It should be Crisp and Flat Reply \| Reply with quote
Grading Your Banknotes Posted by andy40au 13 years ago (31 Jan 2011)
Was this from McDonald's? Reply \| Reply with quote
Grading Your Banknotes Posted by moneyman93 13 years ago (11 Feb 2011)
It seems to be the accepted standard generally used internationally- handy to include in note info if you have the grasp of it Reply \| Reply with quote
Grading Your Banknotes Posted by enlilninlil 13 years ago (25 Feb 2011)
Try the American standard, they know how to take a simple thing and make it confussing. Reply \| Reply with quote
Grading Your Banknotes Posted by aegean 13 years ago (2 Mar 2011)
moneyman93 said: It seems to be the accepted standard generally used internationally- handy to include in note info if you have the grasp of it seems to be also. nothing wrong with a standard... I laugh when people say "mint" and "crisp" though Reply \| Reply with quote