UNION OF SOUTH AFRICA – 1 Shilling 1960, Silver 0.500, Copper 0.500

UNION OF SOUTH AFRICA – 1 Shilling 1960, Silver 0.500, Copper 0.500

In making a purchase of banknotes or coins from Henley Numismatics, I accept that Henley Numismatics sells banknotes and coins as collectibles and that while the value of banknotes as collectibles may go up and down based on collector interest which is highly speculative, significant increases in value as a circulating currency are NOT likely. I also accept that Henley Numismatics does not guarantee any future price or value with respect to any banknote or other item that it sells.

GRADING KEYS.

What does UNC, A-UNC, XF, VF, F, VG, and G MEAN?

From Krause – “Catalogue on World Paper Money”

Grading Guide – Definitions of terms

Uncirculated:(UNC) A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector.

About uncirculated:(A-UNC) A virtually perfect note, with some minor handling.

Extremely fine:(EF or XF) A very attractive note, with light handling. May have a maximum of three light folds or one strong crease.

Very fine:(VF) An attractive note, but with more evidence of handling and wear. May have a number of folds both vertically and horizontally.

Fine: (F) A note which shows considerable circulation, with many folds, creases and wrinkling. Paper is not excessively dirty but may have some softness.

Very good:(VG) A well used note, abused but still intact. Corners may have much wear and rounding, tiny nicks, tears may extend into the design, some discoloration may be present, staining may have occurred, and a small hole may be seen at center from excessive folding.

Good:(G) A well worn and heavily used note. Normal damage from prolonged circulation 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.

Please feel free to contact me if you have any questions.