Coins Paper Money

How do you grade the condition of paper money?

The condition is most critical to its value. Lowering the
grade of a note one notch can decrease its value by 1/3 or even
1/2. An expensive note which falls between two categories might
be worth a thousand dollars more in the higher category than the
lower one. Thus, it’s often important to be more precise than
using a limited number of categories.

Here’s a general guideline.

Crisp Uncirculated, UNC or CU: This means absolutely not the
slightest sign of any handling or wear or folding or anything.

Almost Uncirculated (or About Uncirculated), AU: This means there
is a slightly detectable imperfection such as a counting fold on one
corner or slightest fold in the center (nothing which breaks the
surface of the paper) or a pinhole.

Extremely Fine, EF or XF: Generally three light folds or one strong
fold which breaks the surface.

2013 Standard Catalog of World Paper Money - Modern Issues: 1961-Present USD $44.10 Order Now

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Valuable Coin Prices
Valuable Coins

2004-D Wisconsin State Quarter (With an Extra Leaf)

Variety of experts disagree about the cause and long-term value of this coin, but I’ve included here because it is very findable in pocket change and worth hundreds of dollars right now.

What To Look For: There is a defect on the die that makes it appear as if there’s an extra leaf on the lower left-hand side of the ear of corn on the reverse. The leaf is very clear. Known in two varieties, the High Leaf and the Low Leaf type.

Approximate Value: $200-$300 in MS-60 or so.

1969-S Lincoln Cent With a Doubled Die Obverse
This coin is quite rare. The early specimens of this coin were confiscated by the Secret Service until the U.S. Mint admitted they were genuine. Counterfeits abound, but usually have the wrong mint mark.

What to look for: Look for clear doubling of the entire front (obverse)(”heads” side) except for the mint mark. If the mint mark is doubled, it is probably a case of strike doubling, rather than a doubled die, which isn’t worth much. (Mint marks were punched in the dies separately in 1969, after the doubled die itself had already been made.)

Approximate Value: Around $35,000 or more in EF-40 or so.

Catalog Of Rare And Valuable American Coins: Silver And Bronze Medals, Store Cards, Tokens And Choice Autographs To Be Sold By Auction (1860) (Legacy Reprints) USD $11.55 Order Now

This book is truly terrific book on valuable coins. One can tell the author went to great lengths to find out every little detail because there is nothing left out. Just a delight to read.

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