Grade a 1928 $1 Red Seal Note for Me, Please

Paper currency is not a strength for me.
Need opinions and a grade on this note.

 

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Not my expertise either but I'll guess it's in Very Fine condition. Thanks for sharing!

 

I’d say it looks like a Fine-15 (no Q).

 

Nice enough note to put in a collection. @SteveInTampa has more experience with currency than most, so I'd go with his evaluation.
I see three folds, which brings it down, but I can't see much else with those photos.
In-hand, do you see any stains, pin holes, other folds or creases? All will effect the grade and collector price.

 

Just as a comparison, here is one of mine.

 

Very nice note. Its got a nice clean centerline
I find the mark in the corner, and the one top dead center interesting.

 

I was at 20. But if Steve says 15, then my grade is a little high.

 

If I had to guess I would have said 20. I have seen a lot worse in 15 but I'm no grader.

 

Thanks for all of the opinions.
I'd like to have an XF but this one will do -- at least for now.
Prices start to get serious above VF.

It's part of my small-size $1 note set.

 

Instead of scanning the note, photograph it with side lighting so we can see the real condition.

 

Would go F-25, but it does appear to have been pressed as there are flattened out
wrinkles thru out the note, which would affect value to collectors.

 

After looking at the note I posted and getting comments I decided to step up a bit in quality.
So I got this one from GC:


Now I can sell my original and get some money back.

I'll also have to look into methods of preventing the other side of notes from showing through during a scan (I scan notes rather than photograph them; it makes it simpler to do).

 

"Bleed through" (mostly) corrected.

 

based on the pics would go VF-20 very wrinkled thru out.

 

Agreed, FINE to VERY FINE based on the strict definitions in my currency books.

But I'm not surprised the actual rating might not be higher, maybe as high as PMG 30.

 

Why/how does shining a light from the side show all the blemishes and folds/creases ?

 

It gives the note a third dimension.

 

Our subconscious visual cortices can infer amazing things when shadows are present

 

Nice example. It took me a while to find a choice example for my collection at a reasonable price. I was seeing them all the time, but they were either certified gems or rags, with nothing in-between.

 

Has the bill been ironed?