How do you feel when a seller listed a banknote in uncirculated (UNC)
condition and then went on by saying that - "I am not an expert in
grading a banknote and do not want to misled anyone. Please judge the
note yourselves from the scan".
Is that fair? My short and simple answer is a big fat "NO".
My immediate question to the seller was that if you are not an expert or
qualify to grade them, then why do you listed them as UNC conditions?
Isn't that statement is contradicting and misleading too?
Perhaps the seller wants to play it safe from any possible after sale
complains. Perhaps the seller wants to tell the buyer it's at your own
risk. Let the buyer beware!
No one expect you to be an expert, but at least you can judge the note
from your end especially when you have the note in your hand. No one,
and I repeat, no one can grade a note from a scan. I can scan you a VF
note and it still looks like UNC condition.
In case you are wondering, and not an expert just like me, do try this
simple technique. This is how I decide if a note is in UNC or note. My
definition as UNC is in general term only and not in any specific term.
1) Hold the note flat just above the height of your head;
2) View the surfaces of the note (front and back) at an angle of between
say 35 to 45 degrees under a strong light by tilting it slowly back and
forward. Natural sunlight is the best. Table lamp light is still okay
but has to be closed to the lamp. Ceiling lights are not so good;
3) By tilting the note back and forward slowly, the lights reflected on
the surface of the note will reveal any possible flaws on it, like soft
folds, creases, teller flicks etc.
4) This is how I checked all my notes, but I must say that sometime I
have to repeat this technique few times in order to pick up any possible
flaws on the note;
5) Nowadays, certain flaws are quite acceptable to many collectors,
especially for paper banknotes. Cutting cup mark on the security thread
is quite common. However sellers should state that in their listing to
avoid any disappointment. A seller should not flatten this mark with a
hot iron. In most cases you should be able to pick that up from the
scan. I am not sure if binding marks (wavy edges) are acceptable as UNC
conditions. I won't. You have to draw the line somewhere. Wavy edges from
binding should be considered as slightly damaged note, in my opinion;
6) Polymer notes should be in perfect condition in order to grade the
note as UNC condition. Any flaws on the note should be able to be picked up
easily, and once they are damaged, there is no way you can repair them.
For a polymer note, you will have to watch out for any tiny dent marks,
any fine scratched lines especially on the transparent window(s) or on
the shining metallic strip like those latest Canadian polymer notes.
Unfortunately this is unavoidable for the Canadian notes. The fine lines
on the strip must be created during the printing process and is just
unfortunate. Other fine scratch lines could be caused by the ATM when
processing the notes by the machine for your withdrawal. This should
not be considered as UNC;
7) Of course, there is always a possibility of getting a note that has
been washed and pressed. Some artists even go on as far as to trim all
the edges too to ensure you have nice, clean and sharp corners too.
Well, this will have to be another topic of discussion. Fortunately, you
will never find a pressed polymer note, because if there was one, it
won't be in UNC condition, I guaranteed;
8) Wavy effects on brand new notes (not caused by the binding of the
notes into a bundle) should be acceptable as UNC conditions, especially
for paper banknotes. You will find the note has the wave effect (not
completely flat) within the printed area of the note. If you place the
note in a banknote sleeve and let it rest flat for a while, in no time,
you will find these wavy effects disappear. However some notes have wavy effects no matter how you store them. You will find them mostly
the earlier French notes or banknotes printed for countries that had
strong French influences. These are usually old notes printed right up
to the 70s etc;
9) No matter how new the notes are, even with no sign of circulation, I
would not grade a note as UNC if there are foxing on it. This kind of
note has been damaged by an environment with high humidity and should
never be graded as UNC condition. Would you buy a brand new car with
rust spots all over it?;
10) And finally, have a good look at all the corners of the note. It
should be clean and reasonably sharp. If they are blunt (or roundish),
chances are the note may have been washed too and the seller didn't bother
to trim it. It's sad to say that there are still sellers out there
engineering such notes just to achieve a quick sale.
Feel free to share your experiences with me.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment