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1954 Certified Notes Without "Original" Designation

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Pillar of the Community

Canada
867 Posts
 Posted 03/29/2014  3:38 pm Show Profile   Bookmark this topic Add tripoli to your friends list Get a Link to this Message Number of Subscribers
HI Everyone, I have some very nice notes from BCS, that I bought uncertified from dealers that have been graded without the "Original" designation by BCS. I'm just curious as to reasons why this may occur, and if as a potential buyer, what might this do to the re-sale value of the note.


1954-Certified-Notes-Without-

1954-Certified-Notes-Without-

1954-Certified-Notes-Without-
Valued Member
trimble's Avatar
Canada
299 Posts
 Posted 03/29/2014  4:43 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
I asked BCS about this a year or two ago and I think if the ink embossing is missing on UNC notes, BCS considers it to be a pressed note, hence the lack of the wording 'original'.
Valued Member
trimble's Avatar
Canada
299 Posts
 Posted 03/29/2014  4:43 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Unfortunately, once you know the reason, do you buy the note or wait for the 'original' wording?
Valued Member
trimble's Avatar
Canada
299 Posts
 Posted 03/29/2014  7:48 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Right from BSCs website

http://www.banknotecertification.co...php#pressing

Special Considerations

Pressing

Pressing, cleaning, or "restoring" a note is a common practice and should be taken into consideration during grading. Opinions range on the pros and cons of the subject. On one hand, altering a note can make it appear cleaner, bringing out the sharpness of the colours under the thin layer of dirt. Flatting methods make major folds less noticeable and distracting to the beholder, improving the overall eye-appeal.

On the other hand, altering a note can further damage the integrity of the paper and, depending on the method used, disintegrate the note over time. Furthermore, it hides or understates ware on the note, misleading the prospective grader. Pressing a note, for example, can camouflage a major fold, but it cannot repair the broken paper fibres within it. The wear is still there, but less noticeable to the untrained eye.

Finally, on a higher grade note, the act of flattening out inherent imperfections in the paper also eliminates the desirable qualities of a well printed Uncirculated note. The Bank of Canada 1954 series, for example, typically has shallow waves throughout the note caused by damp paper during the printing process. Restoring a note will ruin this desirable quality. Other irreversible changes include the elimination of embossing and a general change in the texture of the paper.

If a note is unaltered and has not gone through a restoring process and receives the grade of EF or higher it will receive an auxiliary designation of ORIGINAL stated on the holder directly beneath the number grade.


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GaryN's Avatar
Canada
293 Posts
 Posted 03/29/2014  8:08 pm  Show Profile   Bookmark this reply Add GaryN to your friends list Get a Link to this Reply
My thoughts are that the resale value would be even less than if they were loose. Let the prospective buyer determine if they'll be happy with them or not. After all, it's just BCS's opinion in the first place.
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