BCS are know very conservative.
Yup BCS is Conservative.. If by Conservative you mean they Grade by Charlton Standards.
I like the fact I personally can "trust" a grade given by BCS on what I have sent in and seen from them.
For example. Item 180520752559 you know where.
I am not saying this seller did some "Arts and Crafts" to the notes prior to sending in for grading but..
At least BCS has the Guts to write "Trimmed" right on the holder so you know it was trimmed.
Otherwise you would probably never know these notes were trimmed from an Auction Photo.
Jumping an entire grade on a High Value note is a lot of money.
Hence the saying round here... Grade the Note... Not the Holder.