"RAV" wrote in message
news:1113488843.f6e44477a0eeec06b5ceba049bf7078f@t eranews...
On Thu, 14 Apr 2005 12:23:11 GMT, "note.boy"
wrote:

If a banknote is uncirculated it's as if it had just come off the
printing press, i.e. perfect, calling a note "unc+" is just plain silly,
or silly hype.

Please don't assign the many unc grades used in the USA for coins to
notes, unc is unc is unc, nothing "better" is required. Billy

Being a relative newbie I don't yet understand the different points of
view. What do the people who DO use terms such as "UNC" and "GEM UNC"
believe the difference is between two notes that they classify in
those terms? Would you (Billy) say that what they're calling "GEM
UNC" is really the only true "UNC", and anything less (including what
they call "UNC") is not "UNC"? Thanks.

From what I've observed, the qualifiers seem to indicate centering. If the
note is UNC and off-centered to one side or the other then it's called UNC.
If the note has even margins all around then it's called GEM UNC. YMMV

Brian