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How Do You Grade A Bill?

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Pillar of the Community

Canada
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 Posted 07/23/2021  5:55 pm Show Profile   Bookmark this topic Add Wrekkdd to your friends list Get a Link to this Message Number of Subscribers
Idk if it's worth more, coins and Canada has it as a minor premium, I got a 2$ bill in decent shape 1986 AUK prefix. Worth saving? I'll post pics in the grading forum a little later
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/23/2021  6:17 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Right, need pics of both sides to start.
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commems's Avatar
United States
12267 Posts
 Posted 07/23/2021  6:40 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
As already mentioned, images are needed to assist you in a meaningful way.

As far as your initial question goes...

- For a note to be uncirculated, it can not have any folds - either across the bill or at the corners. The centering of the printed design also impacts the grade. Better-centered notes will grade higher than poorly-centered notes (all other things being equal).

- If the bill has even one fold it can be graded no higher than AU. The more folds, and/or the heavier the folds, the lower the grade.

- The amount of circulation wear and soiling also impact a bill's grade - the more of these, the lower the grade.

Images of your bill should provide folks with what they need to give you a better sense.

BTW: The "Coins and Canada" web site has a reasonable discussion of how to grade bank notes. Find it here: https://www.coinsandcanada.com/bank...grading.php.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Canada
9864 Posts
 Posted 07/23/2021  7:10 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Post a picture in the Canadian Banknote section of the forum and someone will help you.
AUK prefix doesn't help much we also need to know the signature.
"Dipping" is not considered cleaning...
-from PCGS website
Valued Member
Canada
402 Posts
 Posted 07/24/2021  01:19 am  Show Profile   Bookmark this reply Add cdngmt to your friends list Get a Link to this Reply
from coinsandcanada values (retail) of graded bills $2
CirculatedUncirculated
Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes AUK to AUN
- $2.00 $2.00 $2.70 $4.50 $11.70 $17.30
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Canada
9864 Posts
 Posted 07/24/2021  05:38 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Don't know which cdngmt has quoted but Crow Bouey AUK are priced higher than Thiessen Crow AUK in catalogues.
"Dipping" is not considered cleaning...
-from PCGS website
Pillar of the Community
Canada
3328 Posts
 Posted 07/24/2021  07:37 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
As I said definitely not uncirculated a bit rough shape.
How-Do-You-Grade-A-Bill?
How-Do-You-Grade-A-Bill?
Pillar of the Community
Canada
3328 Posts
 Posted 07/24/2021  07:41 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
Why is AUH and AUG prefix so rare? Crazy priced.
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walk2dwater's Avatar
Canada
2575 Posts
 Posted 07/24/2021  09:34 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
Why is AUH and AUG prefix so rare? Crazy priced.

- from p. 371 of the 31st Ed. of Charlton CGPM:
ANOMALIES OF THE BIRDS OF CANADA ISSUE
"The Thiessen-Crow signature combination was intended to begin with $2 note AUK 1640000. However, notes with the Theissen-Crow signatures have been discovered in series AUG to AUN. Those of series AUJ are very scarce, while series AUG and AUH are extremely rare with Thiessen-Crow signatures."

-So there must have been a communication mix up in terms of which notes to use (& they had a surplus of Crow-Bouey already printed with they kept using with the new SN prefixes).

Your note looks to be VF & should be probably worth about $6-$7 (which is great for that condition!) It's collectible & you should put it in a currency sleeve.

BTW: if you'd like to see a short general video on grading, take a peak at the video on grading (below this reply). I've posted this on my Notaphylic Culture site:
https://sites.google.com/view/notap...ng-banknotes
Edited by walk2dwater
07/24/2021 09:37 am
Pillar of the Community
Canada
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 Posted 07/24/2021  10:21 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
Ill definitely take a look, my other 2$ bills I got at the bank were better condition but the basic prefix and kwl I'll definitely save it mayb my bank will get a better condition one eventually or who knows maybe a rare one lol
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Canada
3328 Posts
 Posted 07/24/2021  7:20 pm  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
That's a very long read lol, I stopped where building a relationship with bank tellers can be very beneficial for coin and bill hunting. I got lucky with hitting it off right away with the tellers at my bank:)
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Canada
3328 Posts
 Posted 07/24/2021  7:20 pm  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
They put all sorts of cool stuff aside for me and are even excited to show me when I come in lol:) I love it.
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silverwolf's Avatar
Canada
3733 Posts
 Posted 07/24/2021  8:08 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
your note in it's condition is worth 2$.. in my opinion.. save it if you like..
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Canada
3328 Posts
 Posted 07/25/2021  06:03 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
Based on the grade of vf and auk prefix it would be worth a few dollars more. And I don't have any other special prefix 2$ bills so I'll keep it.
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Canada
3328 Posts
 Posted 07/25/2021  06:04 am  Show Profile   Bookmark this reply Add Wrekkdd to your friends list Get a Link to this Reply
Or what would you say the grade of this bill is? The other 2$ bills I have would probably be AU but with the prefix they have they are just worth 2$
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Canada
9864 Posts
 Posted 07/25/2021  12:19 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
VF
Barely
I agree with walk2dwater about value
It's a keeper
"Dipping" is not considered cleaning...
-from PCGS website
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