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 Replies: 10 / Views: 1,384 |
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Valued Member
Canada
449 Posts |
Hey everybody, it's been a few years since I've posted on here. Just recently back into the Coin World and I have a question regarding a devil's face $10 note I'm interested in, but it appears to have been graded by Canadian Coin and Currency, which to those who don't know is a retail store here in Toronto (rather, Richmond Hill). I'm puzzled because I've never seen a CCC graded anything, and so does that mean I should ignore the grade (which is Choice Uncirculated, Exceptional Paper Quality) and make an offer? Your thoughts are welcome |
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
 Canada
449 Posts |
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Valued Member
Canada
449 Posts |
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Valued Member
Canada
449 Posts |
It's been a while since I've done that....I'm having deja vu all over again....lol.
As you can see, it is a beautiful note for being a 1954 issue. I suspect that the seller also knows the "grading" is not kosher too. If it's in that great of condition, the note is worth a lot more than the price, and I'm more than happy to buy it and get it properly graded.
It's also a partial ladder with the 1234 serial
Edited by secoinedchance
08/22/2023 6:29 pm
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Valued Member
Canada
289 Posts |
Centering is pretty poor but colour is great and it generally looks okay. Corners look decent. I find it's impossible to accurately grade banknotes in a TPG holder from a picture when they are still in the sleeve. No way to see any suspect folds or ripples and difficult to tell if its actually PPQ/EPQ at all. I'd say buyer beware, unless you can get it in hand. I've never picked up anything graded by them but I doubt I'd trust the label. In theory it's a 63 or 64 but I'd be skeptical. Is that a small fold/crease in the left margin by the S in dollars or is it just a weird colouration? |
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Valued Member
Canada
449 Posts |
Hmm. I don't take the grade very seriously either, I'm very skeptical. However, to your point about the left margin I think that's a flaw in the holder as that line continues off the note and you can see it in the black part. I agree with you about it's better to evaluate in hand, but this one is on the west coast and I'm South central Ontario. It looks like it has the potential to be in the 63-66 range which would be a significant gain in terms of value.
Another thing you pointed out with the centering and I've noticed this with a lot of Canadian notes is that a well centered note is hard to find before the next issue of notes.
Edited by secoinedchance
08/22/2023 6:40 pm
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Valued Member
Canada
449 Posts |
 The back plate was much more aligned than the front. Edited by secoinedchance
08/22/2023 6:43 pm
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Pillar of the Community
 Canada
9862 Posts |
Choice Uncirculated = UNC63
Do you really believe CC&C under graded this note?
A gem note must be well centered for one and the lower left hand area does look suspect.
Chances are it is overgraded and may even regrade as low as AU.
But if you like to roll the dice then....
And let us know how it turns out.
"Dipping" is not considered cleaning...
-from PCGS website
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Moderator
 United States
187446 Posts |
 back to the Community! |
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Pillar of the Community
Canada
2571 Posts |
Quote:
Choice Uncirculated = UNC63
Do you really believe CC&C under graded this note?
A gem note must be well centered for one and the lower left hand area does look suspect.
Chances are it is overgraded and may even regrade as low as AU.
But if you like to roll the dice then....
And let us know how it turns out. +1 DBM sums it up nicely. I regard "Banknote World" dealers' certificates with equal skepticism. The thing is, most dealers are betting you won't go through the hassle (& extra expense) of returning your purchase. I know I have taken a few 'knocks on the chin' b/c I figured it was on me that I didn't inspect the so-so note well enough. If you're getting 2nd thoughts best to walk away (rather than have buyer's remorse). |
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Replies: 10 / Views: 1,384 |
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Posted 08/22/2023 5:41 pm
