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"Trimmed" Bills => Minor, Or Major Mutation?

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stevex6's Avatar
3352 Posts
 Posted 10/02/2011  2:37 pm Show Profile   Bookmark this topic Add stevex6 to your friends list Get a Link to this Message Number of Subscribers
Obviously, trimming the edges of a bill is altering the bill's original condition and is therefore a definite flaw .... but I'm curious how much of a flaw/mutation trimming is to the overall worth of a bill?

Example => I have a Chartered Bank Note that PMG wrote the comment "trimmed" on the sleeve ... however, they gave the bill an overall rating of Fine-12 (would the note have received a better rating if it hadn't been trimmed, or is trimming not even a factor when giving the note a rating?) ...

Does anybody have any idea?

Thanks
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stevex6's Avatar
3352 Posts
 Posted 10/02/2011  6:59 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
Nobody? ... man, I feel like I'm standing in the middle of the schoolyard with no pants-on (again)
Valued Member
Canada
497 Posts
 Posted 10/02/2011  10:10 pm  Show Profile   Bookmark this reply Add west- canuk to your friends list Get a Link to this Reply
The vibes I get from paper collectors is that trimming a note degrades it to such a level that it is almost noncollectable unless it is super scarce.The note is graded without the trimming. IMHO tears, pinholes, stains, writing, missing pieces, trimming etc are mentioned in the comments and affect the eye appeal and value but not the overall grade. You might also ask on http://www.cdnpapermoney.com/forum/ .
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stevex6's Avatar
3352 Posts
 Posted 10/03/2011  08:34 am  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
Thanks for the feedback, west-canuk ...

Yah, I kinda figured that trimming a bill would be in the ballpark with cleaning and whizzing coins (that's too bad, for the note is really beautiful otherwise) ... oh well, it still looks nice in my album, but I guess it won't be that valuable if and when I decide to unload some of my collection.

Ummm hey, does anybody want to buy a sweet Thanksgiving-Note, complete with all of the trimmings?
Valued Member
Canada
497 Posts
 Posted 10/03/2011  10:26 pm  Show Profile   Bookmark this reply Add west- canuk to your friends list Get a Link to this Reply
Well if it looks nice and you're happy with it, then really that's what it's all about.
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Colhand1's Avatar
United States
629 Posts
 Posted 10/06/2011  11:47 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
I disagree, I have a old 1898 $1 that has the edges trimmed. I mentioned that to a guy in my coin club that collects paper and he told me that they use to do that back then. He kind of gave me the impression that you will find this from time to time. Does it lower the value, absolutely compared to finding a note that hasn't been trimmed. But I think that when a TPG states this on the sleeve, they are just pointing out to the next purchaser that this has been done, nothing to hide. Does it hurt value, sure it does but I might buy it anyway, if I needed it to fill a void in my collection.
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