UNCIRCULATED: UNC A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector.
Paper is clean and firm, without discoloration. Corners are sharp and square, without any evidence of
rounding. An uncirculated note will have its original, natural sheen.
EXTREMELY FINE:EF(XF) A very attractive note, with light handling. May have a maximum of three light folds or
one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of
rounding. There may also be the slightest sign of wear where a fold meets the edge.
VERY FINE:VF An attractive note, but with more evidence of handling and wear. May have several folds both
vertically and horizontally. Paper may have minimal dirt, or possible color smudging. Paper itself is still relatively
crisp and floppy. There are no tears into the border area, although the edges do show slight wear. Corners also show
wear but not full rounding.
FINE: F A note which shows considerable circulation, with many folds, creases and wrinkling. Paper is not excessively
dirty but may have some softness. Edges may show much handling, with minor tears in the border area. Tears may
not extend into the design. There will be no center hole because of excessive folding. Colors are clear but not very
bright. A staple hole or two would not be considered unusual wear in a Fine F note. Overall appearance is still on the
VERY GOOD: A well used note, abused but still intact. Corners may have much wear and rounding, tiny nicks, tears
may extend into the design, some discoloration may be present, staining may have occurred, and a small hole may
sometimes be seen at center from excessive folding. Staple holes and pinholes are usually present, and the note
itself is quite limp but NO pieces of the note can be missing. A note in VG condition may still have an overall not
GOOD: A well worn and heavily used note. Normal damage from prolonged circulation will include strong multiple
folds and creases, stains, pinholes and/or staple holes, dirt, discoloration, edge tears, center hole, rounded corners
and an overall unattractive appearance. No large pieces of the note may be missing. Graffiti is commonly seen on
notes in G condition
POOR: PR A "rag" with severe damage because of wear, staining, pieces missing, graffiti, larger holes. May have
tape holding pieces of the note together. Trimming may have taken place to remove rough edges. A Poor note is
desirable only as a "filler" or when such a note is the only one known of that particular issue.