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Note grading
USA notes should be perfect as they are such low tech, the vast quantities
required, mainly the $1 that should have been discontinued years ago, may be the reason for poor quality being accepted as the norm. Some ebay sellers state in their listing of Scottish £1 notes that they are now discontinued but there's no official word from the Royal Bank about this, many suspect that the current issue will be the last but the bank has many millions of £1 notes still in storage but the demand is low, they may sit in storage for years. Billy "Owen Linzmayer" wrote in message ... The windowed security threads cause a lot of puckering that distorts the shape of notes, but I've seen pretty severely distorted rectangles in notes without the threads, too. Guess it's simply a matter of getting what you pay for. Some countries have perfect notes, but often the poorer countries have to make due with some pretty irregular issues. On 10/25/06 12:59 PM, in article , "note.boy" wrote: The quality control must be very poor if that's the case. There's no excuse for turning out notes that are less than perfect, the technology should ensure perfection. Billy "Owen Linzmayer" wrote in message ... I certainly don't want to see note grading go the way of coin grading, with so much hair splitting over minor issues. However, that said, centering is important to some buyers and not all notes are perfectly centered. For that matter, not all notes are rectangular, either. When I scan notes, I then straighten and crop the scans. Often there is a lot of sloppy cutting that results in misshapen notes. On 10/24/06 1:30 PM, in article , "note.boy" wrote: That's just as ridiculous as the MS system for grading coins. A note is unc or it's not, end of story. What's all this centering nonsense, can they not print notes correctly? If not the job should be given to someone else. Billy "noteworthy" wrote in message oups.com... There may be a logical explanation for it as well. eBays largest market is in the US. Even eBay UK items are listed on the .com site as well. eBay grading tends to be generally higher. Americans often tend to grade notes higher than other parts of the world because they have a number of higher grades i.e. SUPERB CRISP UNCIRCULATED-67: A nearly flawless Note with perfect centering. Full wide margins all around. Colors are total bright, crisp and vibrant. The quality of the note is perfect. GEM CRISP UNCIRCULATED-65: An almost perfect Note. Better than average margins. No aging or fading. VERY CHOICE CRISP UNCIRCULATED-64: A bright Note that's slightly below Gem quality. margins and color are above average. A Note that may have slight centering problems. CHOICE CRISP UNCIRCULATED-63: A nice new Note but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles. CRISP UNCIRCULATED-60: No trace of circulation. Can have centering problems, pin holes, counting smudges, wrinkles, close margins, or a corner tip fold (not into designs). ABOUT UNCIRCULATED-50: Almost new. These will be much the same as a new Note except for a single fold or several corner folds. EXTREMELY FINE-40: Circulated, may have some folds, sill has some crispness anaana wrote: It seems as if note.boy has already concluded (from his ironic tone) that this seller has in fact re-graded the notes for profit, and that the Spink grade must have been accurate. As a regular buyer at Spink's, though, I must give the seller the benefit of the doubt, as Spink is just as likely to undergrade notes as they are to overgrade them: meaning VERY likely. I must confess I have upgraded many notes I bought at Spink auctions. But I am not a crook; just a more accurate grader... anaana note.boy wrote: This note, and others he bought at a recent Spink auction, were ALL undergraded by Spink as he now offers them on ebay at higher grades. http://cgi.ebay.co.uk/B245-100-PEPPI...-RARE_W0QQitem Z1 70040994726 Spink graded it as "almost extremely fine" but it's actually "gEF/AU". The one below Spink graded as "handstamp on reverse otherwise EF" but it's actually "gEF/AU" with no mention of the hand stamp that can be seen at top right. http://cgi.ebay.co.uk/B245-100-PEPPI...-RARE_W0QQitem Z1 70040993933 I wish that every note I bought at auction turned out to have been undergraded, what a lucky guy! :-) Billy |
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