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PMG is the Official Grading Service of the Paper Money Forum
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Berny
I can't believe that the premier auction house in the US is selling this with an estimate of $100-up.


https://currency.ha.com/itm/miscellaneous/face-of-unissued-1899-10-silver-certificate-printed-on-bep-card-pcgs-gem-new-65ppq/a/142006-82063.s?ic4=ListView-Thumbnail-071515 
 
Description: Face of Unissued 1899 $10 Silver Certificate Printed on BEP Card. PCGS Gem New 65PPQ.

B182_CutDown.jpg 

The real thing: B-182
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YoungCollector
Did the hack who cut it up not know how to pick a 70 quality card and cut 70 quality margins ?
hee hee 
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Berny
Did the hack who cut it up not know how to pick a 70 quality card and cut 70 quality margins ?
hee hee 


Maybe he was looking at the back side and trying to cut-off the words at upper left:

B182_CutDown_b.jpg 
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Dan Cong
seeing the back makes the crappiness of the cutting far more apparent. Not one straight line or 90 degree corner
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postalnotes
Uninformed question here. Why is this even graded?

Researching United States Postal Notes 1883-1894.

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Dan Cong
They were paid to grade it. Not unique in the business to grade what ever shows up with a check.

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GregAlex
My, my, they gave it a PPQ. 🙄 With these cut-down cards, the TPGs have started walking the thin line of trying not to scare off business, while trying not to to make fraudulent claims. They no longer describe them as proofs or essays. And at least they included "from BEP card" in the description. However, if a genuine piece of currency arrived that had been trimmed down 70% from its original size I doubt it would come back with a grade like this.

I have to think, after all these years, that nearly all paper money collectors are onto this. There can't be a whole lot of dealers submitting this material. Why don't the TPGs just start shutting this practice down? @Cody71086 - You have first-hand grading experience. How did the TPGs feel about this?
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OMG: I just now checked the auction listing. It actually sold for the minimum bid. Apparently there is at least one collector who is NOT onto this.
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Cody71086
It was never collectors submitting these. You would be quite surprised (or not) at the dealers who did. Obviously I cannot name them. They are neat to some people, but absolutely pointless to grade. These were submitted in huge groups with sweetheart deals. Remember PCGS-C would grade ANYTHING if somebody paid. I graded pamphlets for political conventions! Also, I had to hand type all the descriptions under the grade. Took a full day to do a 100 piece order. Giving me flashbacks *shudder*
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MaineJoe
Yes, there is a seemingly endless stream of the cut down cards on eBay. Graded or otherwise most are much cheaper than that HA one. They may be neat by appearance for the novice collectors would be one reason for them to be cut down, as well as purchased by someone. Myself I have found it just as interesting and cost effective to seek and purchase the real deal, or originals.
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GregAlex
Cody71086 wrote:
... They are neat to some people, but absolutely pointless to grade. These were submitted in huge groups with sweetheart deals. Remember PCGS-C would grade ANYTHING if somebody paid.


Were these graded to the expectations of the submitter? That is -- if the description had been "trimmed down from BEP souvenir card" would that have gotten you in trouble?
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Cody71086
GregAlex wrote:


Were these graded to the expectations of the submitter? That is -- if the description had been "trimmed down from BEP souvenir card" would that have gotten you in trouble?


The descriptions were dictated as to us as to what they should say.  The label says "Intaglio Impression from Original Printing Plate of BEP Card" while TECHNICALLY correct, doesn't tell the whole story.
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Dan Cong
Sold for $126.00  I am going to have to get my obama million dollar bills graded so I can make bank. They have much better margins
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slasher
Oh Doctor!!
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Dan Cong
Because some fool would rather pay $100 more than it’s worth for a hacked up one in plastic.  291A88C9-FFE3-4814-90F0-FCE985067FC1.jpeg 
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