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Rhino89
I was looking at the top 10 countries by graded notes via the PMG Population Report...

Screen Shot 2020-05-29 at 9.20.43 AM.png 

... and couldn't help but wonder:
- Is this more a reflection of the collecting focus of US collectors? Or is this a reflection of global interest?
- Is TPG more of an "American" phenomenon for now, or are we simply looking at "the American company's top 10" without considering the TPGs that may function internationally?
- Do international collectors submit to PMG in large enough volumes, or is it more of a raw market outside US borders for now? Seems like China adopted TPG pretty strongly (considering a population 4-5x the US, their number of notes is somewhat proportional to the US), but maybe others have not?
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HoneyBadger
Well they have on office in China. I would not have guessed that it would be that big, but sounds like it may be.
FRN Collections Complete - 1928-1934 LGS: $5 [87%] - $10 [37%] - $20 [2%] - $50 [6%] - $100 [0%] - $500 [0%]

http://www.1928notes.com - If you have a new note to add, please let me know.
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Steve in Tampa
Funny you should ask, I’ve wondered this every time I take the necessary steps to access the PMG pop report. You have to pass this screen to get to US notes. I also wonder if any TPG uses any other language besides English on their holders. Only 1% of the Chinese population speak/read/write the English language. PMG published a list of the Top 10 Chinese Bank Notes graded here, https://www.pmgnotes.com/news/article/5450/the-top-10-chinese-banknotes-according-to-the-pmg-population-report/
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lettow
TPG is popular in China and east Asia because of the large number of copies of their notes, especially in China.

Large numbers of collectors outside the US have disdain for TPGs because they are viewed as having lower standards.  Most still grade based on the IBNS standards in which a note is either UNC or it is not.  There are no degrees of UNCness.  Corner bump? AU.  Counting mark? AU.  

Want to start a fight on the IBNS forum?  Start a thread supporting TPG.  You will be roundly throttled in the most gentlemanly way.

The outgoing IBNS president owns a grading company, Dennis Lutz of WBG.  Even his operation which routinely has a presence at Valkenburg and London has not made great headway outside the US.
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Steve in Tampa
lettow wrote:
TPG is popular in China and east Asia because of the large number of copies of their notes, especially in China.

Could you elaborate on this Jim ? Am I to translate “copies” to counterfeit, or to souvenir card type copies or replica notes ?
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Dan Cong
China is a country that used chemicals to fake the milk content in baby milk. There just might be possible money to be made in fake banknotes in fake PMG holders. After all, there have been fake coins in fake holders

https://www.pcgs.com/news/counterfeit-pcgs-holders
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TennisCoach
I'm sure many of those top 10 graded China notes have much higher numbers today.  That report is dated 8/16/16 and the whole list adds up to  barely over 100,000.  If PMG has now graded 2.5 million, the numbers for those top 10 must have increased dramatically.        
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lettow

Could you elaborate on this Jim ? Am I to translate “copies” to counterfeit, or to souvenir card type copies or replica notes ?


I have always associated counterfeit with duplicated notes intended for use in commerce.

China is awash in copies most of which were made in the last 15 years.  They are not very good copies, either.  They are usually lithographed and not difficult to identify if you know what you are looking for.  Many of these were originally sold as copies but make their way into the secondary market.

There are also numerous fantasies which use genuine notes as models.  The Central Bank of China never issued a 5,000,000 custom gold unit note but you can find them in the marketplace.
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CurrencyDen1
Not sure where I read it - probably IBNS.  A collector went to Hong Kong or Singapore. 
1) Nearly all the dealer sites had a huge number of paper monies - equal to coins.
2) Many notes are bought by NON-COLLECTERS for gifts.
3) Most notes are slabbed to insure they are not counterfeit - they know full well patents, copy writes are simply ignored and copies of everything is rampant. 
4) Grading is much less a concern than the note being genuine.
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