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Message:: [QUOTE="Notaphylic_C, post: 26093938, member: 130786"]Washed notes have been washed with detergent & sometimes bleach. Then they're pressed flat to eliminate telltale folds. Overall, the appearance of the note improves dramatically & you pay much more for the same note (than you would have paid had they not been "processed" or "doctored)."  In Canada, 1954 Devil Face notes & prior (1937 & 1935 series) were either pressed or washed (or both). At one time it was considered more acceptable to press/iron one's notes so more notes were pressed than washed. For US notes, I would expect it to be 1935 & prior but all series could have "processed" or repaired somehow. -That's the general idea (that EPQ/PPQ signifies a note with original paper) however, PMG awards EPQ to signed notes (with ink), Indian & specimens with punch holes. Holes, paper pulls, stain, ink & toning should disqualify a "Q" from being awarded.  I have seen a few dodgy looking PPQ notes (repaired or washed) from a TPG I will leave nameless. My suggestion (as always) is "to buy the note, not the holder." In other words, learn to grade & search for the "tells" of a processed note. White lines where creases were? Probably washed. Check the note's edges, corners, look for smudges & diminished microprint/colour, etc. Compare note in question with untouched examples (for true colour, etc).  I hate to write this but sometimes if nobody's bidding, then it is b/c the TPG has awarded a far too generous grade/missed an issue & collectors are spotting it (not bidding). "If it looks too good to be true," it probably is. Here's a thread on <a href="https://www.coincommunity.com/forum/topic.asp?topic_id=477031" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.coincommunity.com/forum/topic.asp?topic_id=477031" rel="nofollow">a 1937 $50 that was clearly washed</a> & processed to look far better.[/QUOTE]

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