News

IBNS Journal 59-2

Is available to download and includes a tribute to Colin Narbeth (IBNS Founder and Life Member No. 1); Peasants, Produce & Tractors; Hidden Features of Test Notes; Guinea 50 Francs 1958 and Forged Notes during the Company & British Raj.

Read more...
 
Journal Delivery

Due to COVID-19 the delivery of the IBNS Journal to the following countries will be delayed. We will look to dispatch the journal as soon as the restrictions are lifted.

Azerbaijan  / Botswana  / Chad  / Cuba  / Djibouti  / Haiti  / Iraq  / Kosovo  / Malawi  / Mauritania  / Mauritius  / Nepal  / Pakistan  / Paraguay  / Tanzania (DAR)  / Tunisia  / Turkmenistan  / Venezuela  / Zambia  / Zimbabwe

 
Banknote of 2020 Nominations

The Nominations received so far are Bank of England's 20 Pound Note, Scotland's (Royal Bank of Scotland) 20 Pound Note and Northern Ireland's (Ulster Bank) 20 Pound Note.

Do you know of a banknote that will be issued to the public that should be nominated for the Banknote of 2020?  Send your nominations to the Banknote of the Year Co-Ordinator (banknoteoftheyear@theibns.org). 

 

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