Graduate your banknotes with us.
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In the world of notaphily, graded banknotes have become an international standard. Grading a banknote means subjecting it to a professional evaluation that certifies its authenticity, determines its condition, and encapsulates it in a tamper-proof protective holder.
The result is a protected banknote, with an objective grade recognized worldwide and, in many cases, with a higher value in the collectors' market.

At Iberoamericana Banknotes we facilitate banknote grading with the leading companies in the sector: PMG, PCGS, Legacy Currency Grading and NCV Grading , both through secure shipments and with on-site service at numismatic fairs and conventions.
What is the Sheldon scale applied to banknotes?
The Sheldon scale is a numerical grading system from 1 to 70 , used internationally to classify the condition of coins and banknotes. In notaphily, this scale allows for a clear, objective, and widely accepted valuation by collectors, dealers, and auction houses.
The main ranges are:
- 1 to 10 : banknotes in very poor condition (Poor / Fair)
- 20 to 45 : circulated banknotes (Very Fine – Extremely Fine)
- 50 to 59 : almost uncirculated (About Uncirculated)
- 60 to 70 : Uncirculated (Uncirculated – Gem Uncirculated)
Grade 70 represents absolute perfection. Leading companies add special designations that increase the value of the banknote:
- EPQ (PMG) – Exceptional Paper Quality
- PPQ (PCGS) – Premium Paper Quality
These designations indicate original paper, without cleaning or manipulation, a key factor for the discerning collector.
Main companies for grading banknotes
PMG – Paper Money Guaranty
PMG is the world's leading banknote grading company. Its certificates are considered the benchmark, and banknotes graded by PMG typically fetch higher prices at international auctions.
PCGS Banknote
PCGS Banknote has a strong presence in the US market. Its holders incorporate advanced security features, and its grades are widely accepted by collectors and professionals.
Legacy Currency Grading
Legacy offers a solid and recognized alternative, suitable for certain types of banknotes and for collectors looking for a reliable option at a more affordable cost.
NCV Grading (Spain)
NCV Grading is the leading Spanish company, based in Valencia. It stands out for its local presence, speed, and in-depth knowledge of the European market, making it an excellent choice for collectors in Spain and Europe.
Advantages of grading your banknotes
Grading a banknote is not just an aesthetic matter, but a strategic decision for any collector:
- Authenticity guaranteed , eliminating the risk of counterfeits
- Physical protection against moisture, dust, and handling
- Revaluation , with price increases that can range from 15% to over 100%.
- Ease of sale , thanks to an internationally accepted objective grade
- Insurance and inheritance , by having a certified value
- Peace of mind , knowing the exact condition of the banknote
For this reason, many collectors begin by grading their most important pieces and end up certifying a large part of their collection.
How to grade your banknotes with Iberoamericana Banknotes
At Iberoamericana Banknotes we act as your specialized intermediary in banknote grading, offering you a clear, secure and professional process.
Our services include:
- Secure shipment management to PMG, PCGS, Legacy or NCV Grading
- On-site graduation service at numismatic fairs and events (subject to availability)
- Personalized advice to help you decide if it's worth upgrading your ticket and with which company
Our goal is to allow you to grade your banknotes with complete confidence, avoiding errors and optimizing the value of your collection.
The graduation of banknotes is here to stay.
In conclusion, graded banknotes are a key element in modern notaphily. Thanks to the Sheldon scale, companies like PMG, PCGS, Legacy, and NCV Grading allow you to protect your collection, increase its value, and trade securely in the international market.
If you're considering taking the plunge, Iberoamericana Banknotes offers a simple, professional, and reliable way to grade your banknotes, either by mail or with our on-site service. We have been authorized PMG dealers since 2019, identification number S40212.

📩 Contact us and we'll explain the process step by step, with no obligation.