Is a paperclip mark still UNC ?

News: Welcome to the Canadian Paper Money Forum.

Bob

Who is trying to introduce the 100 points grading system in the US? Collectors, dealers or grading company? For the moment it is not going anywhere... but lets say PCGS goes with it plain and simple, what do you think will happen?

Louis

What will happen if PCGS introduces the 100 point system for grading coins and it flows into paper money? We will all jump on the bandwagon. 0-70 numbers is silly anyway.

Rick

I think Doug knew  he was opening the   grading subject again.

A clip is a trombone by any other name.

I have a $1 1923 Note for sale on this Forum which is an AU simply because it has "waives".  Someone like "Tom" on this Forum knows exactly what that means. An ebayer on the other hand  could probably convince someone the waives are just old paperclip marks and sell as UNC increasing the catalogue value from $225 to $500.

Bottom line.....let's be carefull out there.

eastguy

Actually Eastguy why I started this thread was I stopped by my local casino to get a crisp new $100 . Asked for and received 5 consecutive notes. Even watched in horror    as the teller took the paperclip off the bundle.

Obviously standardization of grading is a passionate topic in numastics. All opinions are valid without personal attacks. Why CPMS will not step up to the plate befuddles me. Nobody will or should be 100% happy with changes. Heck, even let members vote on proposals.

I applaud Don Olmstead for taking the bull by the horns in doing something.

The CPMS will be addressing this grading issue at the upcoming executive and general meetings in July. I strongly urge all CPMS members who are interested in this to attend the meetings and/or contact a CPMS executive member. Have your input.

The CPMS's meeting takes place during the CNA show in Niagara Falls. Doesn't hurt a bit to attend, may actually help. Some new blood at the meeting is needed.

Rick

Corrected a little typo - admin