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70 Gem Unc 70 EPQ

The highest grade assigned. Notes must have no evidence of handling visible at 5x magnification. The margins and registration must appear centered đồ sộ the unaided eye. Notes must qualify for the PMG Star () Designation đồ sộ be graded 70.

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Superb Gem Unc 69 EPQ

This note is nearly visually indistinguishable from a 70 but the margins and registration may appear slightly off center. There is no evidence of handling visible đồ sộ the unaided eye.

Superb Gem Unc 68 EPQ

The margins and registration are slightly off center. There may be very minor handling.

Superb Gem Unc 67 EPQ

A note with above-average margins and registration. There may be minor handling.

Gem Uncirculated 66 EPQ

There may be slightly more handling phàn nàn a 67 EPQ note. The centering must be above average.

Gem Uncirculated 65 EPQ

The note may have one or two minor distractions as a result of minor handling. The centering must be above average.

Notes must qualify for PMG’s Exceptional Paper Quality (EPQ) designation đồ sộ be graded 65 and higher.

Notes graded trăng tròn đồ sộ 64 are eligible for PMG’s EPQ designation if they meet the standards described below.

Choice Uncirculated 64

The centering is off on one or two sides. Some handling may be evident but there must be no folds in the design.

Choice Uncirculated 63

The centering is imperfect and the design may be flat. There may be several flaws but there will be no folds.

Uncirculated 62

The note is strictly uncirculated but may have minor-to-moderate handling and/or corner tip issues. There will be no folds, however. The margins may touch or come into the design.

Uncirculated 61

The note is poorly centered and the margins come into the design. There may be counting marks, smudges or other signs of handling. There will be no folds through the design.

Uncirculated 60

A note with problems that may include toned paper, a small stain or fading. There will be handling issues but there will be no folds through the design.

Choice About Unc 58

Often a note with a single fold that crosses the design.

About Uncirculated 55

This grade is commonly assigned đồ sộ a note that has one fold or two đồ sộ three corner folds through the design.

About Uncirculated 53

A note with two vertical folds or a single horizontal fold. May also have signs of handling.

About Uncirculated 50

The note has two heavier folds or light horizontal and vertical folds. The handling can be significant.

Choice Extremely Fine 45

A note with two đồ sộ three heavy folds, one of which may be horizontal.

Extremely Fine 40

There are three or more folds, one of which may be horizontal.

Choice Very Fine 35

For years dealers and collectors called this grade “VF-XF.” This note looks Extremely Fine, but it will have four đồ sộ seven light folds.

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Very Fine 30

This note will be lightly circulated and may have light soiling. There will typically be seven đồ sộ ten folds.

Very Fine 25

A note that shows modest evidence of circulation as well as more folds and/or soiling phàn nàn a note graded 30.

Very Fine 20

The note is moderately circulated with numerous folds, mild soiling. There are no serious detractions but there may be minor defects.

Choice Fine 15

This note may look lượt thích a Very Fine note, but upon closer examination it is found đồ sộ have too many folds or too much circulation đồ sộ warrant a Very Fine grade.

Fine 12

The evidence of circulation is considerable with rounded corners, margin splits and other issues. The note must be whole with solid paper.

Very Good 10

A solid, whole note with lots of circulation. The note is too limp and has a number of minor problems.

Very Good 8

The note is heavily circulated but is intact. Some small pieces may be missing. Soiling, light stains or splits are common for this grade. The note is limp.

Good 6

The note is very worn with serious splits, fraying of the margins and damage.

Good 4

A very heavily circulated note with numerous problems. It is totally limp with impaired visual appeal. Notes in this grade are commonly seen with pieces missing.

Grades under 4 Good are generally not collectible unless the note is rare. Most notes at these grade levels are “Net” graded due đồ sộ major problems.

Adjectival Grades: PMG will occasionally grade bulk submissions of banknotes with adjectival grades instead of numeric grades. To learn more about adjectival grades, click here.

PMG Designations

In addition đồ sộ the 70-point numerical grading scale, PMG uses several designations đồ sộ give an additional mô tả tìm kiếm đồ sộ select notes. These designations are Exceptional Paper Quality (EPQ), the PMG Star () Designation and NET.


An Exceptional Paper Quality (EPQ) note is, in the opinion of PMG graders, completely original. EPQ notes will not have been physically, chemically, or materially processed đồ sộ give the appearance of a higher grade. Notes exhibiting normal wear-and-tear for their grade are eligible. All notes graded Very Fine trăng tròn and higher will be evaluated for the EPQ designation. Notes must qualify for the EPQ designation đồ sộ grade Gem Uncirculated 65 and higher. For additional details, click here.

PMG Star () Designation®

PMG assigns the PMG Star () Designation đồ sộ notes with exceptional eye appeal for their assigned grade.

While eye appeal is one of the most subjective characteristics of notes, there are general standards which numismatists typically use đồ sộ define exceptional eye appeal. To receive a from PMG, notes must exhibit exceptionally strong plate and / or overprint embossing, vibrant ink color, and pristine paper quality exceeding the well-established standards used đồ sộ determine the Exceptional Paper Quality (EPQ) Designation.

All US and world notes are automatically evaluated for the distinction of the PMG Star () Designation. Notes that tự not qualify for the EPQ Designation will be disqualified from receiving the Star Designation.

Notes graded PMG Gem Uncirculated 70 must also qualify for the PMG Star () and EPQ Designations.


The NET designation indicates a note that has problems that are more severe phàn nàn can be reflected by the note’s assigned numeric grade. If a note receives the NET designation, the severe problem or problems will be listed. The grade portion of the PMG Guarantee does not apply đồ sộ Notes given a NET designation by PMG. Notes with the NET designation are guaranteed đồ sộ be genuine only.



Minor disturbances in the paper other phàn nàn folds such as teller counting marks, crinkles and minor bends.


Paper quality is as issued except for normal circulation.


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A pedigree describes the current and/or past ownership of a note and PMG will list this pedigree by submitter request on the PMG certification label. PMG will pedigree notes đồ sộ significant collectors or collections if sufficient documentation is provided. In addition, submitters may request đồ sộ have their own name or their collection’s name listed on the PMG certification label, subject đồ sộ PMG’s discretion. It is important đồ sộ note that although some pedigrees đồ sộ famous collectors or collections can be desirable and add value đồ sộ certain notes, many pedigrees will not add any desirability or value đồ sộ a note.


Alignment of the face and back printing.