Do IBNS standards no longer apply? I'm no grader, but certainly seems as if XF is even a bit much, but the dirt and smudging drop it to VF, in my opinion. Do we have dueling standards to consider, between IBNS and
TPG services? Not just the number rankings, but the basic definitions of grade seem to be of concern.
ABOUT UNCIRCULATED (AU): A virtually perfect note, with some minor handling. May show very slight evidence of
bank counting folds at a corner or one light fold through the center, but not both. An AU note can not be creased, a
crease being a hard fold which has usually "broken" the surface of the note. Paper is clean and bright with original
sheen. Corners are not rounded.
EXTREMELY FINE (EF/XF): A very attractive note, with light handling. May have a maximum of three light folds or
one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of
rounding. There may also be the slightest sign of wear where a fold meets the edge.
VERY FINE (VF): An attractive note, but with more evidence of handling and wear. May have several folds both
vertically and horizontally. Paper may have minimal dirt, or possible colour smudging. Paper itself is still relatively
crisp and floppy. There are no tears into the border area, although the edges do show slight wear. Corners also show
wear but not full rounding.
Needless to say, I did not opt to purchase this note, but found a nice AU graded by CCCS that I jumped on.
Posted 09/06/2016 3:06 pm
