| Grade these Notes yourself! | |||||
| CIRCULATED Currency Grading (if this needs to be defined, you need to switch to Stamp Collecting) | |||||
| Small Circulated Notes 1928 and younger GRADING System | Large & other Circulated Notes 1927 and Older GRADING System | ||||
| Over all condition (this is where experience comes in) He or she looks at the entire NOTE & give it your best estimate. Yes, this is a JUDGEMENT CALL | 20 | Over all condition (this is where experience comes in) He or she looks at the entire NOTE & give it your best estimate. Yes, this is a JUDGEMENT CALL | 20 | ||
| Looks at the condition of the Corners: rounded corner? judgement call | 5 | Looks at the condition of the Corners: rounded corner? judgement call | 5 | ||
| Looks for any Tears: any tears! NONE are allowed-- edge tears 4: into the design 3: half 2: through 1: | 5 | Looks for any Tears: any tears! NONE are allowed-- edge tears 4: into the design 3: half 2: through 1: | 5 | ||
| Ink/Pencil marks are not good but they were the way Banks worked! If ink/pencil not erased grade 9: Grade 8: 7: 6: based on how big it is: 2 or more ink/pencil writing grade 5: 4: 3: 2: 1: Judgement Call! You decide. | 10 | Ink/Pencil marks are not good but they were conditions at Banks! If ink/pencil was not erased grade 9: Grade 8: 7: 6: based on how big ink is: 2 or more ink/pencil writing grade 5: 4: 3: 2: 1: if there is a Signature deduct NOTHING! Judgement Call! You decide. | 10 | ||
| Looks for Pressed/Ironed: If a note is pressed to remove CRINKLES it deserves a lower score unless it doesn't affect the design. It's part of Handling. If it's excessive grade 5 or lower | 5 | Looks for Pressed/Ironed: If a note is pressed to remove CRINKLES it deserves a lower score unless it doesn't affect the design. It's part of Handling. If it's excessive grade 5 or lower | 5 | ||
| HOLES or Missing pieces None are allowed: staple Holes= 9 2 staple hole=7 other holes=5 Light Crinkles ok: Heavy Crinkles lower grade: | 10 | HOLES: Staple Holes= 9: 2 pairs of staple hole=8: 3 pairs of Staple holes=7: other holes=5 Light Crinkles ok: Heavy Crinkles lower grade: | 10 | ||
| Looks at COLOR of the note: not washed; damaged: excessive stain (whatever) is important: You decide! | 10 | Looks at COLOR of the note: not washed; slightly damaged grade=9: Worn=7: excessive stain (whatever) is important: You decide! | 10 | ||
| Looks at Dirt: Ask the question, "is it dirty or is it an ink smeared?" You are judging DIRTY not wear | 5 | Looks at Dirt: Ask the question, "is it dirty or is it an ink smeared?" You are judging DIRTY not wear. | 5 | ||
| Ink smears: Of the design itself. You jude the degree, you only get 5 points: | 5 | Ink smears: Of the design itself. You jude the degree, you only get 5 points: Remember the Ink never dries! | 5 | ||
| Stains: all kinds of stains! Corner gets a 9 : 2 corners gets an 8: 1/4 get a 7: 1/2 gets a 6: all gets a 3 -0: | 10 | Stains: all kinds of stains! Corner gets a 9 : 2 corners gets an 8: 1/4 get a 7: 1/2 gets a 6: all gets a 3 -0: | 10 | ||
| Always Grade Both sides of a note: Is the design in the Middle? | 5 | Holes: How many? Staples? Worn? Bullet? Etc. | 10 | ||
| FOLDS: Horizontal or Vertical: 1 light fold=9 1 Heavy Fold=8 3 light folds=7 3 Heavy folds=5 Both directions= 4-3-2-1 as long as it's not torn. | 10 | FOLDS: Horizontal or Vertical: 1 light fold=9 1 Heavy Fold=8 3 light folds=7 3 Heavy folds=5 Both directions= 4-3-2-1 as long as it's not torn. | 5 | ||
| Total | 100 | Total | 100 | ||