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Does A Tellers Mark Degrade A Note?

 
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Author Previous TopicReplies: 6 / Views: 401Next Topic  
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 Posted 10/19/2020  4:03 pm Show Profile   Bookmark this topic Add cashhound to your friends list Get a Link to this Message
I found a note that I need to complete a set and it is crisp but has a tellers mark. How much does this degrade the note?


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United States
52238 Posts
 Posted 10/19/2020  4:21 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Looks more like staining than a teller's stamp, but either would detract from the value of a note.
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 Posted 10/19/2020  5:34 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Definitely.
The mark on your note is typical for notes coming out of ATMs.
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United States
642 Posts
 Posted 10/19/2020  8:04 pm  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply
Ok, let me rephrase the question. If a note is graded by PMG to be 53 (about UNC) without the mark. In your opinion what would it be WITH the mark?
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 Posted 10/19/2020  8:16 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I doubt this note is AU 53 as I see a fold by USA in the picture posted and also a soft corner. It might be XF at best, would need to see a full picture. The stain would probably give you a NET score with a detail of stain.
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 Posted 10/19/2020  8:26 pm  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply
That grade is an arbitrary number and that is NOT the note in question.
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 Posted 10/20/2020  02:34 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Unless rare, I always advise collectors to steer clear of problem notes.
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