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How To Grade Polymer Banknotes

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Valued Member
uncle al's Avatar
Canada
311 Posts
 Posted 01/08/2011  2:36 pm Show Profile   Bookmark this topic Add uncle al to your friends list Get a Link to this Message Number of Subscribers
Hello down under. This is my first note to this site. I have checked the two pages of headings, and there was one that was close to what I am asking. That was How to Grade Paper Banknotes. We in Canada are about to follow Australia's lead and change our banknotes to Polymer Banknotes. I am wondering if there was any changes on how one grades polymer banknotes compared to paper banknotes? Have a good day.
Pillar of the Community
Australia
1040 Posts
 Posted 01/08/2011  8:06 pm  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
Short answer is no. Polymer notes, while lasting a great deal longer than paper notes, will still crease and fold like paper with use. However you will be very hard pressed to find one that is torn or has a hole in it unless it has been deliberately done. Even then you will need something sharp to damage it.
Valued Member
Guatemala
357 Posts
 Posted 01/08/2011  8:22 pm  Show Profile   Bookmark this reply Add JMerrick to your friends list Get a Link to this Reply
You will find them, though, that people have tried to tear, especially from Central American countries. One of the tests down there is "if you can destroy it, it's fake".
Valued Member
uncle al's Avatar
Canada
311 Posts
 Posted 01/08/2011  9:28 pm  Show Profile   Bookmark this reply Add uncle al to your friends list Get a Link to this Reply
Thanks for the responses, we are also in the midst of removing the penny from circulaton, most likely next year. There are a lot of changes coming for Canada. Thanks again.
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