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More Salients Points On Grading Of A Banknote

For paper money collectors, it is cool to understand what’s IBNS (International Bank Note Society) has to say about examination and grading of cleaned/washed/pressed banknotes:

To examine a banknote, we should:

  • have the bank note out of its holder and place under a good light; move the note around so that light bounces off at different angles; hold it up obliquely so that the note is almost even with your eyes as you look up at the light

Such examination will reveal hard-to-see folds or slight creases.Incidentally, beside doing the aforesaid examination, some individuals might also lightly feel along the surface of the note to detect creasing.(oop! be careful of dirty or sweaty fingers,etc)

Next, cleaning, washing or pressing paper money is generally harmful and reduces the grade and the value of a note. The washed or pressed note may loss its original sheen and the surface may become lifeless and dull. However, cleaning, washing or pressing paper money might not eliminate folds and creases and can be detected while examining under a good light (refer above). Carelessly washed notes may also have a white streaks where the folds or creases were(or still are).

For banknote collectors, it is important to note that such processing will automatically reduce it at least one full grade re: started original as very fine but after processing(if spotted) becomes fine condition.

So be beware and look into your bank note collection to see if you have such processed notes which might made your paper money investment value dropped drastically!

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