I see large size currency graded by PCGS and others as "Apparent" fine, "Apparent" very fine and so forth...what is the significance of the word "apparent" is paper grading?
It is like saying: "If it wasn't for the problem, this note would grade".... So replace the word "apparent" with this phrase and you will be alright. I see people selling coins trying this as well. Usually they start by saying "Almost" instead of "Apparent". Almost uncirculated, Almost AU, Almost ect.... So if you substitute the word "Not" in place of "Almost", you have a much better and honest description.
PCGS on "Apparent" Except, unlike a coin holder, which only gets a numerical number that refers to the kind of problem, the currency holder will bear a short description of the problem and have a grade. Below from PCGS Currency: [FONT=arial,helvetica][FONT=arial,helvetica][FONT=arial,helvetica] Above from[/FONT][/FONT][/FONT][FONT=arial,helvetica][FONT=arial,helvetica] PCGS Currency to No Longer Use “Red Holders” for Problem Notes [10/25/2007] [/FONT][/FONT] from PCGS' Our Grading Standards
By all means avoid apparent and net grades!! values are substantially decreased with Those terms and for the most part undesirable by collectors!