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Problems with PMG overgrading notes
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<p>[QUOTE="Jamericon, post: 826153, member: 18294"]The $10,000 New York FRN graded 63 by PMG - previously graded 60 "restored" by CGA - is from the infamous Binion Hoard. Most of the existing $10,000 FRNs from New York were originally part of this hoard. Just about all of the notes have been restored, mostly to remove evidence of the glue residue that once held the notes in place in the display at Binion's Las Vegas casino, and possibly even to repair small tears from when the notes were removed. This level of restoration can be considered minor, especially when it involves nothing more than parts of the margin.</p><p> </p><p>In fact, PMG did not miss the restorative work on this note, because the holder lacks the 'EPQ' qualifier. And, I would bet that the back of the holder mentions "restoration" or similar. This is where PMG places its comments, and for the sake of that author's comments, is conveniently not shown.[/QUOTE]</p><p><br /></p>
[QUOTE="Jamericon, post: 826153, member: 18294"]The $10,000 New York FRN graded 63 by PMG - previously graded 60 "restored" by CGA - is from the infamous Binion Hoard. Most of the existing $10,000 FRNs from New York were originally part of this hoard. Just about all of the notes have been restored, mostly to remove evidence of the glue residue that once held the notes in place in the display at Binion's Las Vegas casino, and possibly even to repair small tears from when the notes were removed. This level of restoration can be considered minor, especially when it involves nothing more than parts of the margin. In fact, PMG did not miss the restorative work on this note, because the holder lacks the 'EPQ' qualifier. And, I would bet that the back of the holder mentions "restoration" or similar. This is where PMG places its comments, and for the sake of that author's comments, is conveniently not shown.[/QUOTE]
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Problems with PMG overgrading notes
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