Is this right? Does a note with a corner (upper right) like this really deserve that grade? Or could the damage have occured after it was slabbed. I don't know if a hard drop could cause something like that or not, in one of those sealed holders. I'm trying to get better at the whole "buy the note/coin and not the holder" idea. A 1923 note in this condition is something I've been looking for, but I'm going to pass because of the corner. Any opinions would be great to hear. Thanks.
Thanks... it looked like it could have been a shadow from a imbedded fiber, but this shows it on both side...not sure why it received that grade...I would pass as well if you were looking for a 65...that bump should take it out of that range in my opinion. RickieB
Regardless of the corner bump the margins on this note are very Poor top and bottom especially in my opinion for what it,s worth This could of easily received a 64:goof: And consider the 65 very Favorable!!
Just an additional comment, I was looking at several of my Mpc,s and comparing Them to that note, Who knows why some notes grade out and others do not But i have a couple of 63,s that look better then this note, Just a comparison
I think this note is perfectly qualified for 65 by industry standards ----------- Gem New 65 A Gem note is one that at first glance appears perfect. After examination, however, one or more minor faults may be noticed that keep the note from attaining a higher grade. Such minor faults may include a counting crinkle, minor edge handling, faint handling marks or finger smudges, or very minor rounding of the corners. The centering should be well above average, although minor imperfections in the centering are permissible if the margins are broad. Embossing may or may not be present, but notes at this grade level will not receive the “PPQ” label if they are not fully original. An otherwise Superb note that has been pressed or is flat with no embossing may receive a “65” grade without the “PPQ” modifier. Notes in this and any New grade will, of course, have absolutely no folds or bends. It should be stressed that although notes at this grade will (by definition) be less than perfect, they will still be above average notes that may appear to the average viewer to be pristine. ----------- Remember that some members (like urbanchemist) have their own standards. Also mpcusa's comment about "very Poor" margins surpriced me.
Uneven margins :computer: If you look at the back of the note especially the upper left side Top margin you will not only notice it being short but uneven as Well, In my opinion not a "65" or bearly one Its a funny thing even though 65 is a high grade, You can always Expect margin problems!!:bigeyes:
"A Gem note is one that at first glance appears perfect." I think that the corner stands out at first glance . "Notes in this and any New grade will, of course, have absolutely no folds or bends." Well that corner is a more then a bend its a fold. I would have passed on that note too. But I do think it is possible for it to have happened in there if it got crooked in the holder and a good drop on that same corner but I'm guessing there.
VRT.. In all Auctions, Dealar Websites, and other Certified notes you see numerous mentions of a slight corner fold that prevents this from the "Gem Grade" I have had this discussion with both major TPG's co's.. A similar thread was started at CU that touched on some of this. For this particular note I do not agree that it should be in a 65 holder. If that note were cut out and sent back to PMG for grading, I would bet my last dollar that it would be a lesser grade. It is possible that that note was damaged when placing it in the holder that was made for it..I would and will question it 100%. RickieB
If there will be no margin problem (I'd call it "minor imperfections in the centering" but not "very Poor margins") then it could be 66 ------- Gem New 66 This grade level signifies a note that is superior to an “average” Gem note, but that can’t quite reach the Superb level because of some minor fault such as a counting crinkle, handling mark, or corner bump. A “66” may have terrific centering but just not the broad margins of a Superb grade, or it may be a broadly margined example that is just a tiny bit off center. A “66” should retain full originality, although the embossing may not be quite as strong as on a Superb Gem. The colors and eye appeal should still be well above average. ---------- "corner bump" is what it is. Even 66 MUST have some imperfection to make room for 4 more higher grades.
I'd say that that is more then a bump. A bump to me would be just a rounded corner not a folded one. But I'm no pro.
I have alot and i mean alot of graded notes!!:goofer: And i can tell you from Experience That the 66,s that i see have very good margins 90% of The time even some 64,s for that matter but its something about a 65, Though an excellent grade by most standards it alway,s has some Margin issue, I havent seen a 65 yet that hasent:rolling:
