I am just wondering, with the comment "restored", what does this word mean in paper money grading terms? Technically, when I think of restored, it seems that it was pressed, cleaned, repaired, touched up, etc.
We all know that it's a fake replacement note. Do they (BCS) refer to the word "restored" as "fake"? Or, did this note slip past them, and they actually think it's a real replacement note but has been cleaned, pressed, etc.
Their website says they don't grade error notes, but would they grade an altered, fake note? To me, they should have used the word, "doctored note" or "altered non-replacement note" in the comments section. Or, they should not at all grade and slab a fake note.
Coincidentally, in the next issue of CoinWorld... (Feb. 18/08 issue): PCGS, NGC warn of Increased 'coin doctoring' and will not grade grade altered coins.