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Learn Banknote Grading using this Picture
By Lunaticg Lunaticglelong of kedai lelong lunaticg
It is very hard to do grading for your banknote if you're newbie's in this hobby. You cannot simply read books and understand what people write about banknote grading.You will only understand grading after many years of collecting and looking and touch so many banknotes in your possession. This pictures in here is just a simple guide to show you, how banknote grading looklike.
Uncirculated: Uncirculated or mint condition. No fold. May have slight sign of counting mark. 100%. As you can see on this 1 cent banknote-King George-Board of Commissioners of Currency Malaya;the notes don't have any fold and looklike new.
Extremely Fine: Near uncirculated condition. Slight sign or wear and light folds. One or two corners show sign of wear 85%. As you can see on this $1 dollar banknote-Queen Elizabeth-Board of Commissioners of Currency Malaya and British Borneo; it have a light fold on bottom right corner.
Very Fine: With sign of wear and folds, slight wrinkles or traces of dirt. All edges perfect. Corners slightly rounded. 65%. As you can see on this $5 dollar banknote-Queen Elizabeth-Board of Commissioners of Currency Malaya and British Borneo; it have some wrinkles and dirt traces.
Fine: Considerably worn and circulated. Creased folds, wrinkles and dirt, minor tear. 50%. As you can see on this 50 cent banknote-King George-Board of Commissioners of Currency Malaya; It have some minor tear on the middle but the overall design still can be seen.
Very Good: Obvious damage and dirt. Heavily soiled with edges and torn but the overall design still visible (35%). As you can see on this 25 cent banknote-King George-Board of Commissioners of Currency Malaya; The banknotes obviously damaged and torn. My grading may not be accurate to some collector, you can share it here if you think what I am giving in here not that good. Some people don't mind to collect banknote below then fine condition. I suggest collect for at least Very Fine Condition if you cannot afford Uncirculated condition. It will be easy for you to sell them later on after you upgrade your collection. Wish what you read here will help you enjoy Banknote collecting.
This intel first appeared on: http://lunaticg.blogspot.com/2008/10/learn-banknote-grading-via-thi...
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$1 dollar banknote-Queen Elizabeth-Board of Commissioners of Currency Malaya and British Borneo-Extremely Fine
$5 dollar banknote-Queen Elizabeth-Board of Commissioners of Currency Malaya and British Borneo-Very Fine
1cents banknote-King George-Board of Commissioners of Currency Malaya-Uncirculated
25cents banknote Emergency Issue-King George-Board of Commissioners of Currency Malaya-very good
50cents banknote-variety b-King George-Board of Commisioners of Currency Malaya-fine
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