SPAIN 1931 500 PESETAS ☆ P-84 "EL CANO" ☆ MDC - 65 GPQ GEM ☆ MAGNIFICENT PAIR ☆

Description

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SPAIN 1931 500 PESETAS ☆ P-84
SEBASTIAN "EL CANO" ☆
MDC - GEM 65 GPQ
(Gorgeous Paper Quality)
This is equivelent to EPQ
(Exceptional Paper Quality)
MAGNIFICENT CONSECUTIVE PAIR  ☆
NO SERIES. THESE ARE THE FIRST RUN BEFORE THEY PRINTED THE SERIES LETTER. SCARCE
JUAN SEBASTIAN "EL CANO"
Was a Spanish Sailor and the first man to sail the around the world. It took him about three years.
Juan Sebastián Elcano
(
Elkano
n modern Barsque
;
sometimes misspelled
del Cano
;
1486/1487
–
4 August 1526) was a Spanish navigator, ship-owner and explorer of Basque
origin
from ,
Getaria
part of the Crown of Castile
when he was born, best known for having completed the first circumnavigation
of the Earth in the ship
Vitoria
on the Margellan expidition
to the
Spice Island
.
He received recognition for his achievement by Charles V of Spain with a
c
oat of arms
bearing a globe and the Latin motto
Primus circumdedisti me
(You were the first to circumnavigate me).
This is the first pair I have had in the same Holder of hard plastic, also comes with a transparent sheen plastic protector. Very Very Nice
MDC
(MONEY DEMAND COLLECTION)
YOU WILL BE SEEING THESE HOLDERS MORE NOW SINCE THEY HAVE BEEN APROVED TO SELL AT AUCTIONS & ON EBAY.
Pick Number
Description
4
8
12
20
40
50
60
63
84
Banco de España
1931 Issue
500 Pesetas
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$
-
18
-
60
-
-
175
-
The PMG Grading Scale
Gem Uncirculated
66 EPQ
There may be slightly more handling than 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 to be graded 65 and higher.
Notes graded 25 to 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.
INTERNATIONALBANKNOTE SOCIETY (IBNS) GUIDELINES
GradingStandards
:
UNCIRCULATED
(UNC):
Aperfectly preserved note, never mishandled by the issuing authority,a bank teller, the public or a collector. Paper is clean and firm,without discoloration. Corners are sharp and square, without anyevidence of rounding. (Rounded corners are often telltale sign of acleaned or “doctored” note.) An uncirculated note will have itsoriginal natural sheen.
ABOUTUNCIRCULATED
(
AUncor AU
): A virtually perfectnote, with some minor handling. May show evidence of bank countingfolds at a corner or one light fold through the center, but not both.An AU note cannot be creased, a crease being a hard fold which hasusually “broken” the surface of a note. Paper is clean and brightwith original sheen. Corners are not rounded.
EXTREMELYFINE
(EF or XF):
Avery attractive note, with light handling. May have a maximum ofthree light folds or one strong crease. Paper is clean and brightwith original sheen. Corners may show only the slightest evidence ofrounding. There may also be the slightest sign of wear where a foldmeets the edge.
VERYFINE
(VF):
Anattractive note, but with more evidence of handling and wear. Mayhave a number of folds both vertically and horizontally. Paper mayhave minimal dirt, or possible color smudging. Paper itself is stillrelatively crisp and not floppy. There are no tears into the borderarea, although the edges do show slight wear. Corners also show wearbut not full rounding
FINE
(F):
Anote which shows considerable circulation with many folds, creasesand wrinkling. Paper is not excessively dirty but may have somesoftness. Edges may show much handling with minor tears in the borderarea. Tears may not extend into the design. There will be no centerhole because of folding. Colors are clear but not bright. A staplehole or two would not be considered unusual wear in a Fine note.Overall appearance is still on the desirable side.
VERYGOOD
(VG):
Awell-used note, abused but still intact. Corners may have much wearand rounding, tiny nicks, tears may extend into the design, somediscoloration may be present, staining may have occurred, and a smallhole may be seen at center from excessive folding. Staple andpinholes are usually present, and the note itself is quite limp butNO pieces of the note can be missing. A note in VG condition maystill have an overall not unattractive appearance.
GOOD
(G):
Awell-worn and heavily used note. Normal damage from prolongedcirculation will include strong multiple folds and creases, stains,pinholes, and/or staple holes, dirt, discoloration, edge tears,center hole, rounded corners and an overall unattractive appearance.No large pieces of the note may be missing. Graffiti is commonly seenon notes in Good condition.
FAIR
:
A totally limp, dirty andvery well used note. Larger pieces may be half torn off or missing,beside the defects mentioned under the Good category. Tears will belarger, obscured portions of the note will be bigger.
POOR
(PR):
A“rag” with severe damage because of wear, staining, piecesmissing, graffiti, larger holes. May have tape holding pieces of thenote together. Trimming may have taken place to remove rough edges. APoor note is desirable only as a ”filler” or when such note isthe only one known of that particular issue.
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