ANOTHER DEVASTATING REVIEW
Joe Boling writes: "For the devastating reviews input, here is
a review I wrote in 1984. It was published in IBNS Journal
23:3 ([Oct] 1984) p.78; and Paper Money 23:5 (Sep.-Oct.
[Editor's note: the review is too lengthy to quote here in
its entirety; however, here are a few key segments]
United States Paper Money Grading Standard by Herbert J.
Kwart; Five Seasons Publishers, PO Box 397, Hiawatha, IA
52233; 1984; 44pp, softbound.
"Alas, I am sorely disappointed. This booklet is poorly written,
unedited, contains errors of fact, and provides no new insights
for collectors of notes in grades below XF. It seems to be
aimed at investors, with the intent of justifying a price structure
for uncirculated paper money similar to that used for US coins."
"Moving down scale toward fine and lower grades, the new
standard follows the Pick standard fairly closely, and is a full
grade different from the Sandrock/Long standard in grades
below XF. Having two different standards presented in the
same booklet is needlessly confusing. It is at these lower
grades that I was hoping for better definition of "how grubby
is dirty" and "how flabby is limp." The new standard does not
"In short, this booklet is not very useful for the hobbyist. It may
have some utility for dealers who like to sell adjectival puff or
whose buyers know nothing about paper money and will feel
more comfortable with something that sounds like ANACS."
"The book is NOT RECOMMENDED. I'm sorry to say so,
because I was hoping for so much more.
Reviewed by Joseph E. Boling, N.L.G."
Wayne Homren, Editor
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