Grading

 

The conservation levels are probably the most important when collecting banknotes.

They are equally important like the rarity of the Banknote which gives eruption for the prices.
The preservation is given mostly into English, rarely into German. I would like to balance the different information,
to bring a little order in the thing.

I have found a beautiful website in the Internet, which explain it also on the bases of pictures.
Certainly, these are Chinese banknotes, but one can do a clearer picture of it to himself,
by the representation what is believed. Pity only, that almost only professional traders keep to this regulation
and the private salesmen, e.g., with eBay partly put fantastic descriptions and artistic, partly treated photos
to force up the prices. Because many do not know the way at all, sometimes only by chance acquired banknotes
want to sell, they simply gaze after, what other have written and describe their Banknotes just so.
Then one receives the expensive surprise a few days later by post.

 

The 7 preservation degrees:

 

UNC ~ I ~ Bkfr.  =  Bankfrisch
 

The banknote is an fresh from the press

and shows no use traces!

   

 

AUNC ~ I- ~ vzgl. = vorzüglich
 

The banknote is in condition almost fresh from the press and shows only the " lowest " use traces because it was only shortly in the circulation or was treated by a collector inappropriately. It may be only a small light crease or lightly rounded corners in the banknote

In no case a central fold!

   

 

XF ~ EF ~ II ~ ss = extra fine oder sehr schön
 
The banknote is undamaged, however, shows clear use traces, as for example folds, light crumpling or light pollution. The edges and corners show clear use traces.
   

 

VF ~ III ~ s = schön
 
The banknote shows essential marks of the circulation.
In general the paper feels a little bit softly. It has got dirty and shows a number of creases. It is crumpled and small lacerations are to be recognized sometimes by the edges.
   

 

 

F ~ IV ~ sge = sehr gut erhalten
 
A banknote in this condition shows always obvious damages and the paper will feel softly. Tears are long and parts of the border or the corners are often absent. The banknote has strongly got dirty. Collectors often use the most different means to improve the appearance of the banknote.
   

 

 

VG ~ V ~ ge = gut erhalten
 
A banknote in this condition has long tears which reach far in the printed area. However, there are no missing parts of the overprint. Spots to be removed are not on the note, it is strongly crumpled and the paper soft.
   

 

 

P ~ VI = poor/geringe Erhaltung
 

The banknote shows strong damage in all areas.
Parts of the overprint are often absent. Cash notes in this condition are only collected if they are very rare!

   

 

However, if it is so, that the Banknotes come out of print, it is difficult to get UNC-preservation.