Comment: MY observations! MY opinion
||Did you every notice that grading company's always tell you what
the defects are regarding a note they are grading. IE: rust stains: Minor damage: edge
rough! DO they think we are BLIND
& can't see that ourselves?
||A hundred year old note will be graded the same as a one that 5
years old? That just doesn't sound right?
grade is essentially a perfect note. The note will be entirely original, with broad,
perfectly even margins on all four sides, sharp corners, bright colors, outstanding eye appeal,
and literally perfect paper quality with no trace of even the smallest fault.
Perhaps only the most modern notes will attain this grade, and even then it
will be a rare occurrence.
highest grade assigned. Notes have 50/50 margins and registration, and no
||PCGS: I thought 70 was
perfect? And doesn't a USA note have 8
sides? Margins on BOTH Sides of the NOTE? PMG: NO Handling? HUH? Cotton gloves? CGA: that's the measuring guide according to the Website
||A “69” will be nearly as perfect as a “70”, but a very minor
fault such as a barely measurable imperfection in the centering or a tiny,
almost unnoticeable crinkle in the paper will keep such a note from absolute
||This note may be nearly visually
indistinguishable from a 70; however, margins
or registration just minutely off. No handling.
Definition of a Crinkle: Form small creases or wrinkles in the surface of
something, esp. the skin of the face as the result of a facial
expression. PMG: How do you measure nearly visually indistinguishable from a 70? EXPERIENCE? GUESS?
||A “68” is basically as nice and as close to perfection as a
“69”, but a minor fault may be present, such as tiny
handling mark, an edge bump, or a very small counting crinkle. Otherwise, a “68” will be flawless, with
near perfect centering, bold colors, excellent eye appeal, and full
originality. Despite the mention here of trivial flaws, one should remember
that a “68” is an essentially perfect note. It
is the highest grade that can reasonably be expected for many series, including most large size type notes.
||Margins or registration are off slightly to the naked eye. No
Clarify? Highest grade for many series? DINGED already? PMG:
"no significant handling"
how is that measured? With a "Significant measuring stick?"
||A “67” should have broad margins for the issue, with excellent
centering that is nearly perfect at a glance. The colors and eye appeal should be bold and attractive,
and the originality should be unquestionable. Bold embossing (where
applicable) must be evident. One or more tiny handling marks may be present,
an edge or corner bump may be noticed, or there may be a tiny counting
crinkle evident, but any fault that is distracting to the naked eye or that
detracts from the overall appearance will prohibit a note from attaining the
||Great color and eye appeal. A well-centered original note. May
have very minor handling.
perfect Glance? HUH? It's called a Counting Crinkle. What is a Counting crinkle?
||This grade level signifies a note that is superior to an “average” Gem note, but that can’t quite
reach the Superb level because of some minor
fault such as a counting crinkle, handling mark, or corner bump. A “66” may
have terrific centering but just not the broad margins of a Superb grade, or
it may be a broadly margined example that is just a tiny bit off center. A “66”
should retain full originality, although the embossing may not be quite as
strong as on a Superb Gem. The colors and eye appeal should still be well
||Above average original note held back from superb quality due to
handling and / or margins and registration.
||PCGS: Superior to an
Average GEM note? HUH? BUT then the note can't get to the SUPERB
||A Gem note is one that at first glance
appears perfect. After examination, however,
one or more minor faults may be noticed that keep the note from attaining a
higher grade. Such minor faults may include a counting crinkle, minor edge
handling, faint handling marks or finger smudges, or very minor rounding of the corners. The centering should be well above average, although
minor imperfections in the centering are permissible if the margins are
broad. Embossing may or may not be present, but notes at this grade level
will not receive the “PPQ” label if they are not fully original. An otherwise
Superb note that has been pressed or is flat
with no embossing may receive a “65” grade without the “PPQ” modifier. Notes in this and any New grade will, of course, have
absolutely no folds or bends through the design. It should be stressed that
although notes at this grade will (by definition) be less than perfect, they
will still be above average notes that may appear to the average viewer to be pristine.
||Strictly original note with great color and eye appeal. May have
one or two minor distractions. Centering is above average.
||PCGS: First Glance? Appears perfect! MINOR rounded corners? If it's round -it's been circulated (my
time PRESSED is OK? It will receive a 65 with out the
are still above average!
||“64” is an intermediate grade reserved for notes that are better
than Choice New but that don’t quite reach the Gem grade. Such notes may have
minor faults such as a couple of unobtrusive
counting marks, ink or handling smudges, a single pinhole, or a rounded
corner tip. The centering or margins will be
better than average but may fall just short of that required for the Gem
grade. It will still be an above average note, should have good eye appeal,
and should not have any major blemishes or faults that are readily evident. A
note at this grade level that receives the “PPQ” designation will likely have
margins or centering that are slightly narrow or off center, but will possess
||64 EPQ: Original paper quality, but centering is
off on one or two sides. 64: Note is well-centered
and shows signs of alteration (for example, pressing or re-embossing, etc.).
No folds in design.
||PCGS: "couple of unobtrusive counting marks,
ink or handling smudges, a single pinhole, or a rounded corner tip" Counting marks? INK? Is this writing INK? PINHOLE?
Really? There we are again
rounded corner tips!
||A Choice note will be strictly New, with no folds or bends that indicate circulation. The
paper quality and eye appeal will be slightly above average for the issue,
and any flaws present will be minor in nature. Imperfect centering is acceptable at this
grade level, although any note with severe centering problems (with the
design of the note touching the edge at one or more margins) cannot attain
this grade. Counting crinkles or handling marks are acceptable, as is a frayed corner or
two. One or two pinholes may be present. No
folds or bends may reach into the design of the paper, although a light corner bend that
does not extend into the design may be present. A note that otherwise appears
Gem New but has flat paper surfaces may merit this grade. Complete
originality is again required for the “PPQ” designation, although at this
grade level some other problem such as poor centering or minor handling will
||63 EPQ: Original
but margins are “tight” on one or two sides. Good eye appeal. 63 Imperfect
centering. No folds in design. May be
flat and have a flaw or two.
Strickly NEW? What does that mean?
When 64 Choice New? Opinionate word
as far as I'm concerned. NOW it says" any flaws present will be minor in
nature" but then it says,
"Counting crinkles or handling marks are acceptable, as is a frayed
corner or two. One or two pinholes may be present." PMG: "margins are “tight” on one or two sides" WHAT DOES THAT MEAN? does it mean they are equal? NOT equal?
or real small on one side? Take
a old 1899 note and look at the technology THEN, and then look at a 2010 note
and compare the technology?
||A note at this grade level will remain fully New with no folds
or bends through the design, but a couple of corner folds that do not reach
into the design may be present. Counting crinkles
and handling marks are acceptable, as long as they are not overly
distracting. A partial bend or pinch that
does not extend through the entire width of the note may cause it to be
designated a “62” or lower. A note with severe centering problems may fall
into this grade, as may notes with flat paper surfaces or minor paper toning.
||Strictly uncirculated note that lacks some eye appeal. May have
“tight” margins, handling or corner tip issues.
Counting crinkles, NOT overly distracting?
OPINION for sure. PMG: May have “tight” margins, handling or corner tip issues.? Is TIGHT good or
||Most notes that fall into this grade will do so because of a
combination of faults, some of which may be severe. Corner folds (not into
the design) may be present, as may signs of paper toning, handling, counting
marks, smudges, pinholes, or other problems. A “61” will typically either be
poorly centered with other minor faults, or will be a technically New note
with no folds but that has a combination of minor faults that prevent a
||Usually poorly centered and margins are touching the design. May
have counting marks, smudges, pinholes or other problems.
Right off the bat! "MOST NOTES
fall into this GRADE"? How do
they know that? They've never seen every note? Why would they say that? Then they
say "Corner folds (not into the design) may be present, as may signs of
paper toning, handling, counting marks, smudges, pinholes, or other
problems" and WHAT ARE
OTHER PROBLEMS? PMG: May have counting
marks, smudges, pinholes or other problems!
There we go again "other Problems" ???? WHAT Problems?
||A “60” note will remain strictly uncirculated with absolutely no
folds or bends that extend into the design. Notes at this grade level
typically will have one or more significant faults
that detract from the note’s appearance, such as slight loss of color, paper
toning, minor foxing, two or more corner folds,
flat and lifeless paper, pinholes, or a small
staining spot or two. Any note with a major
problem will be placed into a PCGS Currency “Apparent” grade holder with the
problem described. A note in this grade will be generally unattractive,
although it will technically be New or “uncirculated”.
||A note with problems that result in diminished eye appeal (i.e.
toned paper, small stain, fading, etc.), but no folds through the design.
If a note gets "Apparent" grade it's unattractive BUT
technically it's Uncirculated. Apparent is BAD
yet still it's uncirculated. It can
still have LIFELESS paper? Wow? And a stain or two and it's still
UNCIRCULATED? HUH? PMG: Pretty
much says the same thing! OH! MY GOSH
these two companys MATCH UP? CGA: if you consider this company then it's all three
companies BUT who would want CGA? NO PUBLISHED GUIDELINES total Opinion!
||A Choice About New 58 note will typically appear to be a Choice
New or better note, with one or two light corner bends or folds that reach
into the design of the note. A light vertical bend down the middle of an
otherwise Choice New or better note would also qualify a note for this grade.
Premium grade note. May look like higher grade, but unfortunately, has a
single vertical fold or one to two light corner folds. 58: Often a note with a single fold that has
been pressed or re-embossed to hide the fold.
Corner bends that REACH the
Design! A VERTICAL bend would QUALIFY
for this grade. HOW do vertical bends
get there? Weird? But they exsist. PMG: single vertical fold or one to two light corner folds. OH my gosh! They agree
on something…. WAIT a Minute!
"single fold that has been pressed or re-embossed to hide the
fold" HIDE the fold? huh?