Thanks Alvin for replying..
After sending some notes into BCS that I thought were UNC or higher only to come back EF and AU I guess I may be missing things.
I wasn't all that disappointed by me missing something on the notes as they still "Look" very appealing to me.
The only thing that the Grade affects past EF+/AU is the Dollar value. Which is great but I also collect notes based on visual appearance.
Thanks for the input though. I wasn't sure if the N/X note could make an EF Grade.. I guess it is close but do wrinkles = minor folds? I assume so.
The wording of the grades still eludes me somewhat. Because sometimes you have a really nice note that has a "demerit" that only gets listed in lower grades. Does that mean the note automatically falls to that level?
Example.. below are the EF/VF Definitions from BCS.
"EF-45 / EF-40"
This grade range is the first appearance of a major fold, hence-forth known as a crease. The crease usually exists along the vertical or horizontal axis, extending the entire length of the note (although in other areas, it may still classify as a crease based on its severity.) An abundance of minor folds may also cause the note to fall to this range. The note is still clean and crisp.
"VF-30 / VF-25 / VF-20"
Several creases and several minor folds. By this point, the note is starting to look wrinkly, but still with a fair bit of crispness to the paper. Although the creases, by definition, have their paper fibred broken, the severity of the crease is an important determinant within this grade range. When a crease worsens over time, the broken paper fibres start to curl and expand outward, making the crease fatter and more distracting. Soiling starts to become noticable within this grade range, usually occuring in and around the major ceases.
I would assume that my N/X note above would fall into the EF Category based on these definitions.
It doesn't have any Major multiple "creases" but it does have an Abundance of Minor Folds and Wrinkles.
Does my Logic Make Sense?