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Paper Money Indent?

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JayMay's Avatar
United States
2 Posts
 Posted 06/15/2021  1:07 pm Show Profile   Bookmark this topic Add JayMay to your friends list Get a Link to this Message Number of Subscribers
Hi everyone! I have might be a bit of a silly question. I love collecting uncirculated banknotes from around the world. I have noticed that a lot of the paper notes in my collection contain this odd crease near the security strip. I have banknotes from multiple countries with this same exact indent. Does anybody know if theres a reason or name for this?
Paper-Money-Indent?
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jbuck's Avatar
United States
188560 Posts
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/15/2021  3:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Someone will hopefully have an idea.



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Pillar of the Community
United States
742 Posts
 Posted 06/15/2021  3:34 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
I believe it is referred to as a dimple. It is caused by the cutting blade when the sheets are cut. The security strip requires more force than the paper or polymer. They have been the subject of much discussion on the IBNS forum over the years. The consensus is that you can still call it UNC as it is "as made".
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JayMay's Avatar
United States
2 Posts
 Posted 06/15/2021  4:02 pm  Show Profile   Bookmark this reply Add JayMay to your friends list Get a Link to this Reply
Thank you everyone for your warm welcomes and insight! I appreciate it!
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ShareBear's Avatar
Canada
499 Posts
 Posted 06/16/2021  11:16 am  Show Profile   Bookmark this reply Add ShareBear to your friends list Get a Link to this Reply
Hi JayMay. Yes it is called a dimple and yes it is caused by the security strip embedded in the paper. The note is considered uncirculated but it will not get a UNC-65 or higher. This is because in the same print run there will be other notes which do not have the dimple.

Don't try to press it out that would only reduce the value of the note.

A few years ago I went through all of my Canadian UNC notes and deposited the notes with dimples back to the bank.
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walk2dwater's Avatar
Canada
2578 Posts
 Posted 06/16/2021  5:23 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
with "ShareBear' and I believe Canada's Charlton catalogue refers to them as 'cutting cups' since they're concave & circular from the edge (most notable around the security threads). Most our notes get them: & I even seen a few with extra paper left which extended out around the strips on some Journey $5.00
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CelticKnot's Avatar
United States
12837 Posts
 Posted 06/17/2021  12:37 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Great question, JayMay, and welcome to CCF!
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Orac's Avatar
United Kingdom
150 Posts
 Posted 11/09/2021  7:57 pm  Show Profile   Bookmark this reply Add Orac to your friends list Get a Link to this Reply
Later Republic of Ireland notes display this 'dimple' up to 2001 (Euro after that-bummer!). This is an interesting question as to when the dimple first appeared. I will have a look at my modern Irish notes (1977-2001) and see at what point they occur with dimples. I am fairly sure that it is a later occurrence.
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