I have sometimes wondered whether Canadian paper money improves with age like a fine wine.
In researching notes for the many registries on the Wiki site, I have come across numerous rare notes
that have changed hands several times at public auctions. These notes can be accurately identified by
their unique serial numbers. It is amazing how a note that originally graded VF at a public auction in the
1990s is now showing up as an EF in a current public auction.
Are these small improvements in a bank note's grade dependant on time ? Does it take 10+ years for a
note to improve by one grade or can this happen over a shorter time period ? Will all my AU notes be
UNC in 10 years or does it take longer ?
Well I am happy to report that this can happen in less time than most of us could ever hope for. The following
note was sold just over 1 month ago as an AU by a prominent forum member and expert grader:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=190123546662Through the miracle of time and the principles of
"Spontaneous Numismatic Grade Improvement" this same
note has transformed into an UNC:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=250150113795This phenomena has raised hope for all the AU notes that are currently languishing in my collection.
"Caveat Emptor"
...Arthur
Logged
Arthur Richards
Contributor, Charlton Catalogue of Canadian Government Paper Money, 19th, 20th, 21st, 22nd and 29th Edition
Pricing Panel Member, Charlton Catalogue of Canadian Government Paper Money, 21st Edition 2009