News

Latest Banknote of 2017 Nomination

Scotland's 10 Pound Note
(Royal Bank of Scotland)
SCO-10-Front

Do you know of a note issued in 2017 that should be nominated? Send your nomination to banknoteoftheyear@ibns.biz

 
IBNS Journal 56-3

is available to download. Includes articles on: Qatar Banknotes, Greek Banknotes, Test Notes and Currency Conferences, Circular Letters of Credit, Differences in Denominations

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

 

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.