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PRESSED or ironed notes

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mutoscope View Drop Down
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Joined: 31 Jul 2008
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    Posted: 31 Jul 2008 at 8:45am

Although i am an experienced coin collector, I am fairly new to the currency filed. I have read here & there about notes being pressed or ironed & how it used to be common among dealers & collectors.  I realize it is not looked on favorably now but I wonder what the status of these are with grading co's. such as PMG, etc??  Do they grade them & make a notation, or do they reject them? Also, I assume they are still collectible as long as it is disclosed?  Thanks.

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morgan-lover View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote morgan-lover Quote  Post ReplyReply Direct Link To This Post Posted: 11 Apr 2009 at 5:24pm
Pressed notes are highly detectible.  A stereo binocular microscope can detect it in the fibers and an experienced currency collector can do it by feel and observation of how the note lay on an outstretched finger.


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