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<p>[QUOTE=&quot;funkee, post: 1840602, member: 37925&quot;]Unless the margins are oversized to begin with, then PMG and PCGS will note the trim job if it&#039;s decided by the graders. Unless there is photographic evidence of the note prior to the trim, it&#039;s really up to the graders discretion. Whether the trim will yield a Net/Apparent grade will depend on the severity.</p><p><br /></p><p>According to Jason Bradford, President of PCGS - more than 80% of large size notes have been trimmed at some point in their lives. That&#039;s a staggering number.</p><p><br /></p><p>It&#039;s an interesting subject, however. Because many large size notes were cut by hand, uneven and tight margins are quite common, and calling it trimmed is not a science. </p><p><br /></p><p>This thread has had some more discussion on the subject: <a href="http://forums.collectors.com/messageview.cfm?catid=23&amp;threadid=852948" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=23&amp;threadid=852948" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=23&amp;threadid=852948</a></p><p><br /></p><p>Here&#039;s some photos of the trim being noted on a holder.</p><p><br /></p><p>[ATTACH=full]305667[/ATTACH]</p><p><br /></p><p>[ATTACH=full]305666[/ATTACH][/QUOTE]</p><p><br /></p>

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