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Thread: Grading Your Banknotes

PostGrading Your Banknotes
Posted by jaikumoney 10 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

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PostGrading Your Banknotes
Posted by andy40au 7 years ago (31 Jan 2011)
Was this from McDonald's?

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PostGrading Your Banknotes
Posted by moneyman93 7 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

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PostGrading Your Banknotes
Posted by enlilninlil 7 years ago (25 Feb 2011)
Try the American standard, they know how to take a simple thing and make it confussing.

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PostGrading Your Banknotes
Posted by aegean 7 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

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