Just curious what the difference is between the EPQ and PPQ designations from PMG. Which one is better? Thanks.
Was just a recent thread on some of this here: PPQ And EPQ What does It Mean?? PMG Grading and PMG Designates EPQ
This is a good question, I brought this up in a similar thread since most of What i deal with is Certified Mpc from both PCGS (PPQ) Premium Paper Quality And PMG (EPQ) Exceptional Paper Quality these are both similar designation,s That simply are the same thing, One not being better then the other! To take this one step further what does it mean? It means that the Paper must Be: 1) Original 2) Free from any defects 3) No pinholes 4) No rips or Tears 5) No writing or graffiti 6) No markings of any kind So even if you have an uncirculated note if it has any the above it will not receive The "PPQ or EPQ" designation In addition i would like to thank Lettow for his additional input on the last Thread
So does this mean that two notes one graded ef 40 and the other ef 40 EPQ that the one graded just ef 40 has been fooled with in some way? I'm kinda confused about the whole thing. I thought if it has messed with that why they put an "apparent" grade on it.
If possible, you would want the note with the EPQ, PPQ or OPQ designation. The note without the special designation may have been pressed, trimmed, restored, or any number of things to help it grade higher. Apparent or Net is usally for obvious reasons.
Steve, but isn't it the TPG's job to know if a note has been pressed, trimmed, or any other thing and then to put that on the label as an apparent? Or am I missing something? I currently am bidding on a note that is graded PCGS EF 40 with no other designation. Is this note still an original note?
I'm guessing the note you're looking at is an older note, when it was not as frowned upon to "improve" notes. TPG's do not usally comment on why a note does not meet the original paper requirements, only the obvious imperfections, like rust stain, small tear in margin, corner missing, etc. A perfect example is my hometown note. If this wasn't a Tampa note, I wouldn't have bought it. I'm guessing this note has been pressed, because I've backlit the note, and have not seen any pinholes. Back in the gold 'ole days, before TPG's, alot of the older notes were pressed and/or washed to impove their apperance. I would have to cut the note out of the holder to inspect the embossing to tell 100%.....and I'm happy with the way the note faces up, so I'll leave it alone.
