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 Replies: 48 / Views: 9,452 |
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Pillar of the Community
United States
4637 Posts |
If you have additional concerns, you can email her at service@pmgnotes.com.
She is very helpful and usually very prompt. She answered my email in less than an hour.
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Bedrock of the Community
United States
94367 Posts |
Yes, a note graded 65 or higher by PMG must have PQ paper, whether the designation was omitted or unavailable at the time of holdering. The only question is whether you'll pay $10 or not. None of this applies to notes graded 64 or lower.
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Pillar of the Community
United States
4637 Posts |
Sometimes a note can get a substantial grade hike with the same TPG.....just sayin  Edited by SteveInTampa
01/19/2018 09:22 am
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Pillar of the Community
 United States
5029 Posts |
Holy cow that is a massive grade jump! WOW I just can't understand that one.  |
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Bedrock of the Community
United States
94367 Posts |
Here's the explanation: Every submission is basically a crapshoot. Since centering doesn't really matter in a circulated note's grade, but is critical in an uncirculated note's grade, then re-submitting a well centered 58PQ has a decent shot at an upgrade.  |
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Bedrock of the Community
United States
94367 Posts |
PS - Great comparison, Stever.
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Pillar of the Community
United States
1375 Posts |
Steve,  with everyone else, that is quite a change  I usually think an AU note has a fold somewhere in it that knocks it down from a NEW grade, but that must not have been the case here (don't see how they could have missed a fold on the regrade). So, what do you think they imagined was wrong with the note on the first go round? Edited by BadDog
01/19/2018 5:16 pm
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Pillar of the Community
United States
4637 Posts |
The PCGS numerical grading scale says a light vertical bend can keep an otherwise Choice New or better note from reaching that grade.
Maybe someone saw potential In their AU note, cut it out, examined and skillfully massaged the bend right out of it. Resubmitted the note and were richly rewarded.
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Pillar of the Community
United States
1375 Posts |
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Bedrock of the Community
United States
94367 Posts |
Who might that someone have been?  |
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Pillar of the Community
United States
4637 Posts |
I got the photo from a post by Mark at High Grade Rarities .
Disclaimer; my explanation above is solely speculative, and not from any source.
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Bedrock of the Community
United States
94367 Posts |
Mark's a savvy guy. He has worked miracles for me on slightly bent corners.
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Pillar of the Community
United States
655 Posts |
That's an interesting letter from PMG, Steve. It's worth $10 to have the PPQ or EPQ on the holder. It does bring more when selling. Only, one would still have to pay for joining the TPG club, postage and insurance both ways, and handling fees. I'm not sure I see the connection between what is supposed to be superior paper and the grade. Couldn't an uncentered bill have great paper or a perfectly centered, new bill have subpar paper? Not even sure it's a real issue. Would the paper company that supplies the govt presses agree that on some days their paper quality is better than other days? |
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Pillar of the Community
United States
4637 Posts |
Premium Paper Quality, Exceptional Paper Quality, Superior Paper Quality, and Original Paper Quality are all referencing the papers originality compared to leaving the BEP. Does it now have pinholes, stains, tears or splits. Does the original paper wave still exist on older notes, and the embossing. Is the ink still bold and vibrant. Does the note have good eye appeal . EPQ, PPQ, SPQ, and OPQ are saying the note is problem free and unmolested after leaving the BEP.
Back in the day, dealers and collectors wanting to improve the eye appeal and grade of a note would wash stains/dirt and press folds out of notes. Even the BEP washed notes.
Edited by SteveInTampa
01/21/2018 10:10 am
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Bedrock of the Community
United States
94367 Posts |
Right, happened a lot. Washing, or even just pressing, usually removes the raised embossing "blush" and disqualifies a note from a PQ paper designation. It doesn't take long to recognize the difference.
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Replies: 48 / Views: 9,452 |
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Posted 01/15/2018 1:54 pm
