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The following is an outline of our grading standards:
Gem CU - An almost perfect note. Better than average margins for the series or type. No aging, fading or pinholes.
Choice CU - A nice new note, but not quite Gem. Centering may be a little off. May show some aging or light counting smudges or wrinkles.
CU - No trace of circulation. Can have centering problems, pinholes, smudges, wrinkles, close margins or a corner tip fold that is not into the design.
(AU) Almost Uncirculated - These notes will be much the same as a new note, except for a single centerfold, horizontal fold, or a single corner fold. Most Choice AU notes will have a single, light centerfold with original paper and nice centering.
Extra Fine (XF) - Lightly circulated, will have several folds, but still retains much crispness.
Very Fine(VF) - Average circulated note with several folds, and will have lost some of its crispness and color.
Fine (F) - A well circulated note with little crispness and color with edges that may be rough.
Very Good (VG) - Note will be fairly well soiled and may be significantly worn. May have roughness around the edges with only minor problems. Note could have several pinholes or other distractions.
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