News

Auction 77 Online

The catalogue for IBNS Auction No. 77, 2018 containing over 5,300 lots is now available.  Auction Closes Sunday 17th June 2018.

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Banknote of 2018 Nominations

Do you know of a Bank Note Issued in 2018 that should be nominated for the Banknote of the Year? Send your nominations to banknoteoftheyear@ibns.biz

 
IBNS Journal 57-1

IBNS Journal Volume 57 Issue 1 has been sent to the printers and is avaialble to download from the Website. Topics include: Perkins Bacon Paper Money, Adolphe Sax, 10 Swiss Francs, Antoine de Saint-Exupery, Serial Number Nuances and the Sample Notes of Kurz. Login to download your copy.

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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