News

Banknote of 2017 Nominations Close 31st Jan

Nominations for the Banknote of 2017 close on Wednesday 31st January 2018 - Do you know of a note issued in 2017 that should be nominated? Send your nomination to banknoteoftheyear@ibns.biz

The Latest Nominations are

Kyrgyzstan's 2,000 Som Note
KGZ-2000-Front

Djibouti's 40 Franc Note
DJI-40-Front

Argentina's 1,000 Peso Note
ARS-1000-Front

 
IBNS Journal 56-4

is available to download. Includes articles on: Australian Paper Money in the British Library, Indian Paper Money Engravers, Finnish Markka, Concorde on Banknotes and Southern Nigeria

Read more...
 

IBNS Grading Standards

Article Index
IBNS Grading Standards
Grading Guide - Uncirculated
Grading Guide - About Uncirculated
Grading Guide - Extremely Fine
Grading Guide - Very Fine
Grading Guide - Fine
Grading Guide - Very Good
Grading Guide - Good
Grading Guide - Fair
Grading Guide - Poor

Grading Guide - Definition of Terms

Thank you Joel Shafer for the image scans. Joel cautions  scans can be misleading as far as accurate grading is concerned (with either over or under grading, although a scan usually inflates the grade of a note).


UNCIRCULATED (UNC): A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector. Paper is clean and firm, without discoloration. Corners are sharp and square, without any evidence of rounding. (Rounded corners are often telltale sign of a cleaned or “doctored” note.) An uncirculated note will have its original natural sheen.

NOTE: Some note issues are most often available with slight evidence of counting folds (creases). Also, French-printed notes usually have a sight ripple in the paper. Many collectors and dealers often refer to such a note as AU-UNC.

Example - UNCIRCULATED note

Example - UNCIRCULATED note

Example - UNCIRCULATED note