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<p>[QUOTE=&quot;clembo, post: 223525, member: 8033&quot;]<b>AU vs CU</b></p><p><br /></p><p>Hi Jhonn,</p><p><br /></p><p>As in coins the phrase &quot;grading is subjective&quot; is used a lot. Mostly by scammers but if you buy currency in a coin shop they often times honestly don&#039;t know.</p><p><br /></p><p>For starters a note with a crease down the middle isn&#039;t even AU (sorry about that) it&#039;s XF at best. That note met a wallet at some time hence the fold.</p><p><br /></p><p>Now as for a true CU note one has to realize that paper is MUCH more fragile than metal. A person can get a fresh pack of consecutive notes at the bank and observe problems. When a teller counts money out to you it results in &quot;counting folds&quot;. Same can happen by machine counting.</p><p><br /></p><p>A truly CU note may have a slight corner fold, crimp or waviness as time goes on. Corners may also be blunted by handling. Some will disagree but when you get into &quot;pristine&quot; examples you start getting the Choice and Gem grades. Like I said paper is fragile. A fold down the middle will never qualify.</p><p><br /></p><p>Any good currency dealer will allow you to take a note out of the holder (unless slabbed of course) and &quot;feel&quot; the note. A newer note such as a 57 Silver Certificate should be smooth. No signs of wave or folds. Handle ANY note with extreme care to respect the dealer.</p><p><br /></p><p>I don&#039;t claim to be a currency genius but used to go through thousands in cash every day. That&#039;s why I decieded to learn about it. My first book was the Black Book. It really does give a decent idea as how to grade currency. Consider picking one up.</p><p>Not only will it give you a course in grading but you would be surprised at what is floating around out there in circulation. I&#039;ve found $100 notes at the face value of $1. Wish we could still do that with coins.</p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>

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