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<p>[QUOTE=&quot;NPCoin, post: 3196461, member: 5629&quot;]My understanding of the IBNS standards is that Uncirculated pretty much means &quot;paper perfect&quot;, that is, there should be no evidence of (mis)handling on the paper, including the corners.&nbsp; Even one counting fold should disqualify the note from being considered &quot;Uncirculated&quot;.&nbsp; In my understanding, more than one corner fold disqualifies the note from even an AU.</p><p><br /></p><p>Here is my 1935 D Series $1 that I grade as XF.&nbsp; As you may see, each corner has some evidence of handling, and it&#039;s these corners that I have the question about.</p><p><br /></p><p>[ATTACH=full]826259[/ATTACH] </p><p>Now, I decided to recently take a look at the PMG and PCGS paper money grading.&nbsp; Since they each have 10 different &quot;Uncirculated&quot; levels, I wanted to see what the differences were.&nbsp; I noticed that, for the most part, issues with the paper itself (corner/counting folds, roundness, etc) will disqualify the note from &quot;Uncirculated&quot; only if it affect the actual design.&nbsp; As I see it, the PCGS/PMG 60-62 are pretty much equivelant to the IBNS AU?&nbsp; And their CU is Unc?</p><p><br /></p><p>I just want to know if my understanding of the PMG/PCGS grading is correct in this particular regard, that this XF note could possibly grade a Unc/New 61/62 with the two TPGs even with the issues with the corners.&nbsp; I saw a similar note on daveunis&#039; <a href="https://www.pcgscurrency.com/setregistry/showcase.aspx?sc=59&amp;p=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgscurrency.com/setregistry/showcase.aspx?sc=59&amp;p=1" rel="nofollow"><i>Cool Serial Numbers</i></a> registry at PCGS that graded New 62 PPQ.[/QUOTE]</p><p><br /></p>

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