Collecting Paper Money - Littleton Coin Company

u.s. paper money grading guide
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U.S. Paper Money
Grading Guide
The physical characteristics of a note play an important part in determining
its collectible appeal and value. Aside from those scarce or rare notes whose
limited availability makes them desirable in almost any grade, there are many
that have no additional monetary worth beyond their face value in ordinary
circulated condition. However, in the highest circulated grades and in
Uncirculated condition, those same notes may command a premium.
Only advanced collectors and paper money professionals have the
necessary training and experience to accurately and consistently grade the
condition of paper currency. The following grading definitions and photos are
presented as a guide only.
Crisp Uncirculated
About Uncirculated
Extra Fine
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A note that has not been
released into circulation
and is in the same
condition as it was when
produced. The paper
must be firm and crisp,
without any creases,
folds or tears, and the
corners must be sharp
and square.
A note that at first glance
might appear as
Uncirculated, but closer
examination discloses the
slightest signs of
handling, some minor
corner folds, a light (not
hard) crease, a slight
finger smudge, or some
pinholes. Paper is still
crisp and bright, and has
original sheen.
Paper is clean and bright,
with original sheen. Light
handling is apparent,
with several light folds
or one strong crease
visible. Tears and stains
are not present.
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