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Ungraded to Graded - Part 1

Sheik Sheck


Lesson on what is advertised versus what the truth is....

This is Picture 1 from the seller, a picture of the obverse of the note. Notice how the note look beautiful and white. Here is the description by the seller...

"On the want lists of many collectors, but rarely ever offered. Most seen are very low grade and ugly. Examples in mega high grade like this one here tonight, are very few and far between. Incredible design with a portrait of Lincoln, and nicknamed the "Porthole Note". This specimen is near uncirculated with just very minor handling(see enlarged scans). Premium paper quality is crisp and bright with bold inking. Gem centering. Sharp edges and corners. A great opportunity, as these notes rarely come around. An excellent addition to your collection."


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