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Having a standart grading system is very important in terms of speaking same language of a banknote quality.
This means absolutely not the slightest sign of any handling or wear or folding or *anything*. A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector. The paper should be clean and firm, without discoloration. Corners are sharp and square, without any evidence of rounding. The note should also have its natural sheen. |
This means there is a slightly detectable imperfection such as a counting fold on one corner or slightest fold in the center (nothing which breaks the surface of the paper). May show evidence of bank counting folds at a corner or one light fold through the center, but not both. Peper is clean and bright with the original sheen. Corners are not rounded. |
Very attractive note, with light handling. May have a maximum of three light folds or one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of rounding. There may also be the slightest sign of wear where a fold meets the edge. |
Very attractive note, but with more evidance of handling and wear. May have a number of folds both vertically and horizontally. Paper may have minimal dirt, or possible color smudging. Paper itself is relatively crisp and not floppy. There are no tears into the border area, although the edges do show slight wear. Corners also show wear but not full rounding. |
A note which shows considerable circulation, with many folds, creases and wrinkling. Paper is not excessively dirty but may have some softness. Edges may show much handling, with minor tears in the border area. Tears may not extend into the design. There will be no center hole because of excessive folding. Colors are clear but not very bright. A staple hole or two would not be considered unusual wear in a Fine note. Overall apperance is still on the desirable side. |
A well-used note, abused but still intact. Corners may have much wear and rounding, tiny nicks, tears may extend into the design, some discoloration may be present, staining may have occurred, and a small hole may be seen at center from excessive folding. Staple and pinholds are usually present, and the note itself is quite limp but no pieces of the note are missing. A note is VG condition may still have a overall unattractive apperance. |
A well-worn and heavily-used note. Normal damage from prolonged circulation will include strong multiple folds and creases, stains, pinholes and/or staple holes, dirt, discoloration, edge tears, center hole, rounded corners and an overall unattractive apperance. No large pieces of the note may be missing. Graffiti is commonly seen on notes in G condition. |
A totally limp, dirty, and very well-used note. Large pieces may be half torn off or missing besides the defects mentioned under the Good category. Tears will be larger, obscured portions of the note will be bigger. |
A "rag" with severe damage because of wear, staining, pieces missing, graffiti, larger holes. May have tape holding pieces of the note together. Trimming may have taken place to remove rough/edges. |
| This grading system is taken from World Paper Money catalogue. |
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