News

IBNS Journal 59-3

is available to download: Articles cover Hansatsu: Paper Money of Feudal Japan; 100 Francs Delacroix; WW2 Greek Counter-Inflation Currency and Allied Counterfeits of Japanese Invasion Money of Malaya. Login to download your copy.

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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

 

ABOUT UNCIRCULATED (aUNC or AU): A virtually perfect note, with some minor handling. May show evidence of bank counting folds at a corner or one light fold through the center, but not both. An AU note cannot be creased, a crease being a hard fold which has usually “broken” the surface of a note. Paper is clean and bright with original sheen.  Corners are not rounded.

NOTE: Europeans will refer to an About Uncirculated or AU note as “EF-UNC” or as just “EF”. The extremely fine note described below will often be referred to as “GVF” or “Good Very Fine”.

Example - ABOUT UNCIRCULATED - Note the corner 'dings' at the lower left front. There is a mark on the back.