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#11
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When comparing grade of coin with banknotes the first thing one need to
keep in mind that unc in coin mean simple uncirculated however since there are many condition for uncirculated coin there are 11 grade MS60-MS70. When it come to banknotes unc does not mean uncirculated but actually perfect condition and this is why there is technically only one unc grade. The term for gem choice etc when come to unc should only be used to tell the perfection position so for example if the note was printed off center than it is "less than perfect" and so it might be "just" unc or choice unc while gem unc mean perfect position. By the way one more nice to observe is that coin which are off center have more value however in banknotes if it is off center it have less value. Of course this is only up to a point where the off is "so much" off that it become error. Ain't life great. Have fun. |
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#12
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It mean Ziltch. Nada, a common way to try and "upgrade" the price.
A grade have meaning only if you can give a clear definition as other wise what stop you from tomorrow call this UNC++ and than UNC+++ and so on. I believe this is as bad as grade soemthing as Average circulation and to some degree also Gem and Choice after all if Choice is MS63 than call it MS63 as otherwise someone might consider Choice as MS62 or MS64 etc. Gem for example used to be MS67 and now it more accepted as MS65. What a great hobby we have. Have fun. |
#13
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Hello
The real problem here is nothing I have seen is documented about banknote grades in the UNC grade So it is all in the eye of the buyer and seller, Usually a grade above UNC is only seller hype. Some sellers mark all banknotes as gem . Andrew "Berty" wrote in message oups.com... It mean Ziltch. Nada, a common way to try and "upgrade" the price. A grade have meaning only if you can give a clear definition as other wise what stop you from tomorrow call this UNC++ and than UNC+++ and so on. I believe this is as bad as grade soemthing as Average circulation and to some degree also Gem and Choice after all if Choice is MS63 than call it MS63 as otherwise someone might consider Choice as MS62 or MS64 etc. Gem for example used to be MS67 and now it more accepted as MS65. What a great hobby we have. Have fun. |
#14
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"note.boy" wrote in
: A note is either unc or it's not. True. A note that's not centred properly is an error note and being an error makes no difference to the note's grade. Not true. Unless its a rather dramatic offset, its pretty much considered a flaw, not an error. Same with comic books, baseball cards and stamps. I would avoid buying from anyone that is offering a note graded higher than unc as unc is perfect, how can a note be better than perfect? UNC does not mean perfect. It means it has not been circulated, or at least show no signs of it. I fail to see why this concept is so difficult for you to grasp. You can take two notes fresh off the press, both UNC, and one might be more appealing to the eye than the other for any number of reasons. Chances are the will be identical, or you might favor the one on the right, I might like the one on the left. Who cares ? The point is is that UNC does not necessarily = perfect. UNC + UNC Gem implies that it is indeed both uncirculated & perfect. Which isn't to say that plain UNC can't be perfect, and in any case it will be in the eye of the beholder to judge. Its mostly just ebay driven hype I would suppose. BU is another phrase subject to various interpretations. I've seen coins with finger smudges all over them advertsied as BU, and obviously a coin is not uncirculated if it has finger prints on it. If the guys that print the notes can't print correctly centred notes they should be sacked. Obviously, both machines and humans are prone to error now and then. Considering the vast amount of notes cranked out I'd say they do a pretty good job - As good as humanly and mechanically possible. A Scottish note with a centreing error would be regarded as a rare error. They probably would be here also if we printed the same number as the Scots. I don't know the exact figures, which shouldn't be too hard to obtain. Say we print 500% more notes than Scotland. For every note that you print, we print 500. The probabilty of error is drastically increased, which doesn't take a genius to figure out. It would appear that in the USA a properly centred note is regarded as some kind of exception. Billy Don't know exactly what point your trying to make here. Congradualtions, Scotland prints perfect currency. Don't think you'll win any prize for that, and don't think too many people outside of Scotland care about Scottish currency. |
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