It appears to be graded correctly, but there's something about a TPG named "Generic Currency Grading Services" that just doesn't sit right with me. Opinions please....
If the plastic of the holder is doing a good job of protecting the note right now and not a material that will harm the note, I'd just leave it until you are ready to submit the note to another TPG for grading. If you are not going to have the note graded by another TPG, then I'd consider cutting it out if you want it free of that label and in a clean sleeve.
Never heard of them before!! as kris states i would leave it in the plastic but i would cut The top off "GENERIC" sounds like it was graded in a basement...LOL
Could you post a picture of the back of the holder? This is a grading service I haven't seen before either.
Just curious, what is the value of this note? It looks nice and I see it's a star but is it rare or supervalueable?
It's a short run Star, (320,000) and in the guide I presently use, CH-CU versions book for $100, but a patient, smart buyer can find them for WAY less then $100. I bought the 1995 $10 Atlanta Star AND this 2003A $5 Chicago Star from a friend on the PCGS curreny forum's "BST" for $40 for the pair.
320,000 printed Guide Book* value is $110 in ChCU *NEW 3rd editions of A Guide Book of United States Paper Money, by Friedberg edited: Steve beat me to it. :smile
From what I have seen of your collection, absolutely! It should be in similar holder. Just my take on it.
Grading definitions from their Web site: Crisp Uncirculated (60-70)- perfectly preserved note; never mishandled by holder(s); paper is clean and firm; no discoloration; sharp and square corners without rounding; original, natural sheen. About Uncirculated (50,53,55,58) - virtually perfect note with only some minor handling; may show bank counting folds at a corner or one light fold through the center, but not both; has no creases nor hard folds which break note surface; paper is bright, original sheen and no rounded corners. Extremely Fine (40,45) - attractive note with light handling; up to three light folds or one strong crease; paper is clean and bright with original sheen; corners show only the slightest evidence of rounding; may have a wear where fold meets the edge. Very Fine (20,25,30,35) - attractive note but with more evidence of wear; may have folds vertically and horizontally; paper has minimal dirt or possible color smudging yet is relatively crisp and not floppy; corners show slight wear but not full rounding. Fine (12,15) - note of considerable circulation with multiple folds, creases and wrinkles; paper is not excessively dirty, but does have some softness; edges show handling with minor tears in the border area but not extending into the design; folding must not have resulted in center hole at crease; color is clear but not bright; may have up to two staple holes. Very Good (8,10) - well-used note, heavily handled and abused, but still intact without missing any pieces; corners show wear and rounding with nicks and tears extending in the design; may have discoloration and staining; small hole is visible from creases; staples and pin holes common; paper is limp. Good (4,6) - heavily used and worn note; damaged from prolonged circulation with multiple holes, creases, folds, dirt, discoloration. edge tears; overall unattractive appearance; may have graffiti; no large pieces of note missing. About Good (3) - well worn and allowing small pieces of note to be missing. Fair (2) - limp note, dirty and heavily used; large pieces of note missing; note torn and defective; holes obscure sections of design. Poor (1) - severely damaged due to wear; large holes; excessive graffiti; edges may have been trimmed; note often held together with tape.
I could make that! That is quite good though. I wouldn't grade my note by them (who would put GENERIC in their name?)
