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<p>[QUOTE=&quot;lettow, post: 1639783, member: 6986&quot;]A term which is used almost exclusively in the United States and which does not have much significance to the rest of the world where a note is either UNC or it is not.&nbsp; This is Dave M&#039;s point and meaningful to the OP who is located in Brazil.</p><p><br /></p><p>There are not varying degrees of UNC outside the US.&nbsp; Varying degrees of AU (a term also not used in most other countries) and EF but not UNC.&nbsp; Teller flicks and the other minor blemishes will remove a note from UNC in most of the rest of the world.&nbsp; It is one o f the reasons that US TPG companies are frowned upon outside the US -- their standards are more lax.&nbsp; It is also one of the reasons that a significant premium is placed on UNC world notes.&nbsp; Look at the Pick catalog listings for German notes as an example.&nbsp; Dirt cheap and common in low grades but significant premiums for UNC notes but UNC by the tighter standards.[/QUOTE]</p><p><br /></p>

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