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C'mon Man, Just Leave It Alone

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SteveInTampa's Avatar
United States
4637 Posts
 Posted 11/10/2021  09:35 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
Regarding the $100 in the original post, in my experience a circulated note like that one would have microscopic dirt ingrained on its corners. If the dirt is not present, that would be a good indicator of possible immersion in a liquid.

If someone were to trim the note, wouldn't that also remove the ingrained contaminants from the corners ?
Valued Member
Orac's Avatar
United Kingdom
150 Posts
 Posted 11/10/2021  09:48 am  Show Profile   Bookmark this reply Add Orac to your friends list Get a Link to this Reply

Quote:
If someone were to trim the note, wouldn't that also remove the ingrained contaminants from the corners ?
Yes, but you can often spot that, as the corners on the trimmed note might then be too sharp for the grade of the note!

I have noticed that corners pick up wear very easily.
As an example, I have some spare UNC Irish notes that I kept from circulation since the 1990s - they were perfect when I kept them, obtained from blocks and carefully screened for 4 sharp corners [I have looked at lots of corners in my time, need a magnifyer now though - eyesight ain't what it used to be!].
On recent examination, the odd one amongst these has had a corner which has become knocked in storage. They might still grade as 64 (I have seen instances of Irish notes grades as 64 with one or more rounded corners) and are unused, but now AU-UNC imho.
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jbuck's Avatar
United States
189626 Posts
 Posted 11/10/2021  09:49 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Yes, the process was described to me once by a dealer who was planing to clean a note before selling it to me.
Thank you!


Quote:
Rather horrifying, as it was quite a rare note - I assured him that I wanted the note in its original condition.
Good call.
Pillar of the Community
walk2dwater's Avatar
Canada
2578 Posts
 Posted 11/10/2021  7:31 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
On recent examination, the odd one amongst these has had a corner which has become knocked in storage. They might still grade as 64 (I have seen instances of Irish notes grades as 64 with one or more rounded corners) and are unused, but now AU-UNC imho.


-I suspect that's what happened to many of my notes (bumped/blunted corners) which I had bought as "Choice" (or better) but were certified later as "UNC60" by BCS. It was a serious let-down but I was the only one to blame for my minor handling (knocking my notes down in grades).

I just want to add re: washed/processed notes, that initially, these washings/pressed or processing DIDN'T bother me much. But later on, as the years passed, a pressed or altered note started to grate on me. After getting mostly fresh-pack UNC (see the vibrant hues & crispy clear under-prints) I began comparing side-by-side & my expectations began to shift (in a good way). I started to view altered notes (with fuzzy micro-prints or poor/thin lettering) far more cynically. It finally became a deal-breaker & I very rarely buy non "EPQ" (unless I know for certain that the note is indeed scarce in any grade).

But this level of discretion takes some time to acquire, or develop, to assess an Original "Q" note versus a processed specimen. It's a bit like grading in that it is an acquired skill (& eventually a taste) one acquires in order to sort out the "altered" from the "original."

I think your "Live & Learn" $100 National is an excellent example 'Steve' and thanks for posting & initiating this difficult topic.
Edited by walk2dwater
11/10/2021 7:51 pm
Valued Member
Orac's Avatar
United Kingdom
150 Posts
 Posted 11/10/2021  9:41 pm  Show Profile   Bookmark this reply Add Orac to your friends list Get a Link to this Reply
I am old school when it comes to grading, mentored by some of the best fellow collectors and dealers. I have also been lucky in being spoilt early on by having had access to notes taken directly from blocks by collectors who were in a position to bypass the bank tellers.

Having said that, most of my notes are circulated, but my 1972-2001 Irish (B and C series) are all UNC except for one £20 note date which we missed at the time, best I could get was AU (probably grade as a 60-62). I may well have this collection graded someday.

VF or lower grade notes are great, we can handle them and admire them without fear of lowering the grade!!

I second that vote of thanks to Steve for starting this thread on an important topic.
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