News

Nominations for the Banknote of 2020 close on the 31st January 2021

Latest Nominations are Indonesia's 75,000 Rupiah Note, Saudi Arabia's 20 Riyal Note, Tunisia's 10 Dinar Note and Qatar's 5 Riyal Note

Send your nominations to the Banknote of the Year Co-Ordinator (banknoteoftheyear@theibns.org). 

 
IBNS Journal 59-4

is available to download: Articles cover Banco de Mexico's Waterlow Banknotes; Petroleum Industry on Banknotes; Alleged Forgery of 50 Serbian Dinars 1942 and World Currency Definitions. 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

 

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.