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Wonderful Series 1928A $10 FRN - PMG 58EPQ!!

1928A $10 Federal Reserve Note - PMG 58EPQ
1928A $10 Federal Reserve Note - PMG 58EPQ1928A $10 Federal Reserve Note - PMG 58EPQ

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Another in the group of nice 1928A Federal Reserve Notes I acquired and submitted to PMG.   Note certain why this note did not grade much higher... can't see any flaws but PMG says 58EPQ.  Beautiful Note!!

Like coin grading, currency is valued by its date and mintage, rarity, and condition. The currency grading system assigns grades (Poor 1- Perfect New 70), based on the note’s condition. Some factors are easily determined (e.g. number of folds, centering of the images and broadness of margins). Others require years of experience in assignment of the grade: corner bends, pinholes, handling marks, smudges, ink marks, stains, tears and splits. Is the banknote truly in its original condition? If so, paper waves and a slight raise in the ink due to embossing should be evident.

To get a grip on the history of US currency, check out these two sites: (US Currency Education Program) and

PCGS NGC Michigan State Numismatic Society 

 PMG Authorized DealerWest Michigan Coin Club