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Currency Grading

Date Added: July 08, 2009 06:10:34 AM
Author: Tim Predaina
Category: Shopping: Collectibles: Coins, Paper Money & Stamps: Paper Money

Currency Grading

Grading currency is a matter of opinion. This guide should help you to estimate grade of a particular note that you may want to purchase or sell.

GEM A perfectly preserved note with full embossing, well centered and razor sharp corners.
UNC Uncirculated notes have never been mishandled, corners are sharp without any evidence of rounding.
AU About Uncirculated notes have minor handling, a bank counting fold at one corner or a very slight fold through the center, but not both. Paper is clean and corners are sharp. Cannot be creased, a crease being a hard fold that breaks the surface of the note.
XF Extremely Fine notes have light handling. There can be 3 light folds or 1 strong crease. Paper is clean and firm with sharp corners.
VF Very Fine notes have evidence of handling and wear. May have several folds. Paper may be dirty or smudged, but is still relatively crisp and not floppy.
FF A Fine note shows circulation with many creases and wrinkles. Paper is not excessively dirty but may have some softness, there is no center hole from folding. Maybe even a staple hole or two with tiny nicks and tears on the edges.
VG Very Good notes are well used but still intact. Tiny nicks and tears that extend into the design.
G A Good note probably has graffiti, stains, dirt, holes, rips and tears. Rounded corners and not very attractive.
Fair A Fair note is totally limp, heavily used and worn. Large pieces may be torn or missing. Parts of the note obscured by wear and dirt.
P A Poor note has severe damage, a rag that may be taped together. Only used as a filler or when the note is the only one known to exist.
 

This guide is provided by the World Paper Money Mart
© 2009 www.WorldPaperMoneyMart.com

 
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