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IBNS Journal 64-1

includes articles on Jewels of African Art, Napoleon's Forgery Of Russian Empire Assignats, Different Materials Used To Make Banknotes, Ghost Banknote Issue of Cuba, Unknown Polymer Test Note of Brazil, New Issues and Chapter News
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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
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EXTREMELY FINE (EF or XF): A very attractive note, with light handling. May have a maximum of three light folds or one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of rounding. There may also be the slightest sign of wear where a fold meets the edge.

Example - EXTREMELY FINE - Note the fairly sharp vertical crease at center along with minor handling creases at the upper right.