Michael

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          COIN CLUB

Reading Coin Club

BRITISH  BANKNOTES

1797 - 1956

£5 - £1000

 White Banknotes

1914 - 1919

10/- 

Bradbury - Treasury banknotes

1914 - 1919

£1

Bradbury - Treasury banknotes

1919 - 1928

10/-

Fisher - Treasury banknotes

1919 - 1928

£1

Fisher - Treasury banknotes

1928 - 1934

10/- & £1

Mahon & Cattern 

1934 - 1949

10/- 

K. O. Peppiatt   

1934 - 1949

£1 

K. O. Peppiatt   

1949 - 1955

10/-

P. S. Beale

1949 - 1955

£1

P. S. Beale

1955 - 1962

10/- 

L. K. O'Brien

1955 - 1962

£1 

L. K. O'Brien

1955 - 1962

£5 

L. K. O'Brien

1962 - 1966

10/- 

J. Q. Hollom

1962 - 1966

£1 

J. Q. Hollom

1962 - 1966

£5 & £10 

J. Q. Hollom

1966 - 1970

10/- 

J. S. Fforde

1966 - 1970

£1 

J. S. Fforde

1966 - 1970

£5; £10 & £20 

J. S. Fforde

1970 - 1980

£1 (Large)

J. B. Page

1970 - 1980

£1 (Small)

J. B. Page

1970 - 1980

£5; £10 & £20 

J. B. Page
   

 The below will

be worked on as soon as possible

1980 - 1988

£1 

D. H. F. Somerset

1980 - 1988

£5 & £10 

D. H. F. Somerset

1980 - 1988

£20 & £50 

D. H. F. Somerset
1988 - 2023  

Later signatures up to

Sarah John

 

I regret that I don't have a magnifier for my website

but you can always see these banknotes enlarged

simply by going into your "Tools" setting and under

"Zoom" and increase to 150, 200 or possibly even 250%

The banknote should still be fairly clear.

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Please read my comment on grading 

before looking at the banknotes

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Grading Banknotes

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"Grading is an personal opinion - not an exact science !"

~~~~~~~~~~

I have added a web page, with pictures, to show examples of what I mean.

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I do not generally like using the grade UNC or UNUSED

unless the notes have come straight from a bank or machine or in an unused block !

Therefore this (generally) only applies to modern banknotes.

Most of the banknotes that have survived from the earlier period (Bradbury to O'Brien)

could have corner flicks from being counted by bank clerks, or slight mis-handling !

If the note was obtained from "general circulation" it will have passed through at 

least one set of hands so by right had been in "circulation". 

However, that note could still be un-creased !

Therefore I feel the term UNCirculated is a misnomer and should not be taken literally. 

I feel that UNC really means "Nice, New, Clean, no marks, creases, etc. and looks as 

if it just came fresh from a bank !" Impossible to prove it has NOT been circulated !

For many years the highest grade I used for banknotes was EF+ (for UNC

however this I have been told by some collectors can be confusing !

I accept what you say and therefore, from now on, I will start to re-grade the 

British banknotes on my website ( Starting - June 2020).

I will be changing mainly my EF+ & EF-EF+ graded banknotes.

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See examples of my "Grading Banknotes"

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UNC  for banknotes that to me look as if they are "clean, no marks, no creases

 and look as if they could have come straight from a bank" - As good as it comes !

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AUNC  for banknotes that to me look as if they there is a faint flick, mark or 

 even a slight bend (NOT a hard crease). Virtually perfect !  

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EF+  for banknotes that very clean but have a slight crease.

Better than EF but not quite good enough to be AUNC

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EF  for banknotes that might have slight wear and a centre crease 

(Possibly on the reverse) that would be more obvious.

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Grades lower than EF would be as per normal grading

and most will require the grading of BOTH sides of the banknote.

Because banknotes in lower than EF grade normally will have 

more wear or dirty on the reverse - just due to the way they were 

folded to put in a pocket or wallet. I will therefore show the grade of  

BOTH sides of banknotes - when necessary 

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Pin-holes do NOT effect the grade of a note but can result in a devaluation of price.

As can numbers, postmarks, graffiti, etc. 

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I try to be as careful with grading as I possibly can 

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Runs of 3 (numbered) or + banknotes

Can be sold as a pair (minimum) or more than 2. 

These have been priced singly for you to work out how many you want !

 

A consecutive Pair of numbered banknotes

These notes have been priced for sale - as a pair.

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The notes to be added and re-graded 

at a later date will be

 J. B Page to Sarah John 

These will get done as and when I get the time !

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Reference book used: English Paper Money by Duggleby / Pam West

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What is meant by:

 

Type:   l/~~ :  l = Prefix letter;   / = (over);    ~~ = number   i.e: B/93  or B1/10

   

l~~l = letter, number, number, letter   i.e.  S12N

 

      The Prefix letters are listed under PREFIX

 

'Start'; 'Last' or "Replacement" Prefixes are

also listed - if we have them in stock

 

      More important  numbers are also listed 

as either a 'Start' or 'Last' number.  i.e:  01 or 99

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