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For the price or value of a banknote, the degree of conservation plays a major role.
TheWorldBanknoteShop is internationally known for correct grading and for the quality of the banknotes offered.
In case of doubt, we always grade banknotes sold by us one grade lower.
We use the following grades:
(in accordance with the guidelines and standard criteria established by IBNS for collectors and dealers)
Grading Of Banknotes
(definition of terms)
A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public
or a collector. The paper is clean and firm, without any discoloration. Corners are sharp and square, without any evidence of
rounding, folding or bending. Even no light handling is present.
AU ABOUT UNCIRCULATED
A virtually perfect note, with some minor handling. May show very slight evidence of
bank counting folds at a corner or one light fold through the center, but not both. An AU note can not be creased. A
crease is a hard fold which has usually "broken" the surface of the note. The paper is clean and bright with original
sheen. Corners are not rounded.
EF/XF EXTREMELY FINE
A very attractive note, with light handling. May have a maximum of three light folds or
one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of
rounding. There may also be the slightest sign of wear where a fold meets the edge.
VF VERY FINE
An attractive note, but with more evidence of handling and wear. May have several folds both
vertically and horizontally. The paper may have minimal dirt, or possible colour smudging. Paper itself is still relatively
crisp and floppy. There are no tears into the border area, although the edges do show slight wear. Corners also show
wear but not full rounding.
A note which shows considerable circulation, with many folds, creases and wrinkling. Paper is not excessively
dirty but may have some softness. Edges may show much handling, with minor tears in the border area. Tears may
not extend into the design. There will be no center hole because of excessive folding. Colours are clear but not very
bright. A staple hole or two would not be considered unusual wear in a Fine F note. Overall appearance is still on the
VG VERY GOOD
A well used note, abused but still intact. Corners may have much wear and rounding, tiny nicks,
tears may extend into the design, some discoloration may be present, staining may have occurred, and a small hole
may sometimes be seen at center from excessive folding. Staple holes and pinholes are usually present, and the note
itself is quite limp but NO pieces of the note can be missing. A note in VG condition may still have an overall not
A well worn and heavily used note. Normal damage from prolonged circulation will include strong multiple
folds and creases, stains, pinholes and/or staple holes, dirt, discoloration, edge tears, center hole, rounded corners
and an overall unattractive appearance. No large pieces of the note may be missing. Graffiti is commonly seen on
notes in G condition.
A totally limp, dirty and very well used note. Larger pieces may be half torn off or missing besides the
defects mentioned under the Good category. Tears will be larger, obscured portions of the note will be bigger.
A "rag" with severe damage because of wear, staining, pieces missing, graffiti, larger holes. May have
tape holding pieces of the note together. Trimming may have taken place to remove rough edges. A Poor note is
desirable only as a "filler" or when such a note is the only one known of that particular issue.
Plus (+) and minus (-) signs indicate even more accurate conservation grades.
Almost all of our banknotes are UNC.
When buying modern banknotes, we always take strict care to purchase only the best possible quality
and immediately reject banknotes in poorer condition.
Of course, we make exceptions for rare banknotes or banknotes that are generally only available
in somewhat poorer condition.
Banknotes in POOR to FINE condition are therefore rarely offered by us.
Internationally known for best quality
and correct grading.