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I Sent Some Banknotes In For Grading

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oriole's Avatar
Canada
5238 Posts
 Posted 08/30/2025  11:53 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
How will the current tariff situation change the procedures/ costs when sending notes/coins from Canada for grading? I have never done it so I don't know the previous situation?
Valued Member
Canada
320 Posts
 Posted 08/30/2025  12:12 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply

Quote:
How will the current tariff situation change the procedures/ costs when sending notes/coins from Canada for grading? I have never done it so I don't know the previous situation?

Good question! I have only sent submissions within Canada so I don't know the answer to that. When it comes to grading banknotes I prefer BCS for a growing number of reasons.
First off, they are based in Canada so no need to worry about items crossing the border (if you live in Canada, of course).
I like BCS's pricing structure, it's easy to understand and cost effective.
Most importantly, the grading system BCS uses is conservative, which I happen to like. In the past I have had banknotes in my possession (from another grading company) which in my humble opinion were over graded.
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jbuck's Avatar
United States
187446 Posts
Valued Member
Canada
320 Posts
 Posted 09/01/2025  12:15 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply
One more for this thread. In hindsight I maybe shouldn't have submitted this note for grading. I guess I was hoping for a better outcome. It did get an "original" designation which confuses me a bit. According to the BCS website the "original" designation is reserved for unaltered banknotes with a grade of EF or higher.

I-Sent-Some-Banknotes-In-For-Grading

I ended up submitting 12 notes for grading. Some of them have/will appear in other threads. Overall, I was very happy with the results.
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 09/01/2025  1:43 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
According to the BCS website the "original" designation is reserved for unaltered banknotes with a grade of EF or higher.

I understand where you get this from.
On his BCS site, Steve Bell mentions:

Quote:
To make clear and fair to the industry, any note that has not been altered in any way, be it a light pressing or an invasive cleaning, and receives a grade of EF or higher will also receive the auxiliary designation of ORIGINAL on the holder directly below the number grade.

However, I attended a BCS workshop on grading & Bell said that the "Original" term is reserved for notes which have minor creases (which don't show the typical damage of heavy crease). So, in other words, he will award "Original" to notes VF 30 & higher but these notes look as good as new (in the fields & most creases) b/c paper remains so "original" in eye appeal (& close inspection). In fact, you have what would be called a "high" VF (or VF+) & these notes are often hard to come by.

Quote:
In hindsight I maybe shouldn't have submitted this note for grading.

This is quite a common sentiment since we don't have the light box, loupe & tools these certifiers have. It's a learning curve but I have found the more I submit the more I have become a fan of TPG notes (even though I don't believe all notes should be submitted).

Certification just means that the note should be a lot easier to sell (down the road) so it makes your collection more liquid. Also adds to preservation & some like the labels.
Edited by walk2dwater
09/01/2025 1:44 pm
Valued Member
Canada
320 Posts
 Posted 09/01/2025  2:27 pm  Show Profile   Bookmark this reply Add Canada67 to your friends list Get a Link to this Reply

Quote:
However, I attended a BCS workshop on grading & Bell said that the "Original" term is reserved for notes which have minor creases (which don't show the typical damage of heavy crease). So, in other words, he will award "Original" to notes VF 30 & higher but these notes look as good as new (in the fields & most creases) b/c paper remains so "original" in eye appeal (& close inspection). In fact, you have what would be called a "high" VF (or VF+) & these notes are often hard to come by.


Interesting. I didn't know that. Thank you for clarifying. I learned something new today.


Quote:
Certification just means that the note should be a lot easier to sell (down the road) so it makes your collection more liquid. Also adds to preservation & some like the labels.

I agree. That is two of the main reasons why I like to get notes certified, preservation and saleability.
Edited by Canada67
09/01/2025 2:28 pm
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