They continue to get away with it and the auction house does nothing. Here is a description from a seller that I bought an ungraded note from and it graded out NET 35....The listing is shown below as is a pic from the current listing. The photo has been so manipulated it is almost impossible to see but when you get it in the mail you will DEFINITELY see a horizontal fold. NO NOTE WITH A HORIZONTAL FOLD WILL GRADE ABOVE 35. NONE!!!! Yet, this 100% feedback seller that has glowing feedback from poor folks that never have their notes graded. The words below are a LIE. It is NOT "Almost Uncirculated" No "almost uncirculated" note has a horizontal fold that traverses the entire note. It is NOT even near "GEM" The sentence... "In our opinion, this is Gem Almost Uncirculated" is so misleading it is truly criminal. I am simply trying to educate my fellow collectors because this seller does this with every ungraded note he lists. Note, this is NOT the seller I recently posted about regarding the Lincoln Porthole. It goes to show how many of these crooks run a muck. Please follow the clues here, find out who this is and don't buy from him. The nerve of these crooks...."In our opinion..."
For auction is this spectacular 1882 Twenty Dollar Gold Certificate. This note features a vignette of slain President James A. Garfield on the obverse with the promise that this note was worth twenty dollars in gold coin!! This is the very rare Fr.1178 with the signature combination of Lyons and Roberts. In our opinion this note is Gem Almost Uncirculated. It is super crisp with no rips, tears or pinholes. It features razor sharp edges, perfect margins and amazing color with the brightest seal and incredible reverse we have ever seen. The "in gold coin repayable to the bearer on demand" slogan was very important at the time as people were worried about paper currency becoming worthless, so the government added the slogan to let them know the paper was backed up in gold value. This note is the nicest 1882 Gold Note we have ever offered!! So look at the scans, check our outstanding feedback and make this stunning Gold Certificate part of your currency portfolio!!
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