US Notes

Manuscript Notations on Currency: When Period Ink Writing Adds Historical Context and When It Tanks the Grade

A period ink inscription on a banknote can be a fascinating window into history or a grade-crushing defect, and knowing the difference is one of the most nuanced skills in currency grading. This guide walks collectors through how PCGS Currency, PMG, and independent graders evaluate manuscript notations, with specific examples from Civil War-era demand notes to Depression-era small-size issues.

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