News

Last Chance to Nominate

The latest nomination for the Banknote of 2018 is the
China's 50 Yuan Note
CHN-50-Front

Swiss 200 Franc Note
CHF 200 Front

 Nominations close on 31st January 2019. 

Do you know of a note issued in 2018 that should be nominated?
Send your nomination to
banknoteoftheyear@ibns.biz

 
IBNS Journal 57-4

is avaialble to download: Articles cover The Work of Brian J White, Italian Occupation in Greece 1942-1943, Municipal Coupons of Arsoli and Macau-BNU Replacement and Error Notes 1981/1984 Login to download your copy.

Read more...
 
Latest Banknote of 2018 Nominations are

Russia's 100 Rouble Note Bolivia's 20 Bolivianos Note Norway's 500 Kroner Note Mauritania's 50 ouguiya Note Venezuela's 100 Bolivares Note

View all Nominations
Send your nominations to banknoteoftheyear@ibns.biz

 

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