BANK NOTE VALUATION ~ PAPER MONEY APPRAISAL The Ackroyd-Noteval Banknote Valuation Utility Online Already registered? Click here to use this utility.
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The Ackroyd-Noteval Banknote Valuation Utility ...What does it do?

When you want to know the current value a banknote has as a collectable, the usual method is to look it up in a current edition of your favourite price-guide such as The Standard Catalog of World Paper Money, available from our Books Department. You locate the banknote in the price guide and you find that it gives two or three values for the banknote, depending on the condition it's in. For example, it may give the values for that banknote in G, VF and UNC (good, very fine and uncirculated). This is great if your banknote happens to be in the exact same condition as one of these grades. However, in most cases it will be somewhere in-between one of those three grades. Is this significant? YES! For example, the difference in value between a banknote in uncirculated condition and the same banknote in almost-uncirculated condition can be 20% or more! But the percentage difference varies widely, depending on the identity of the banknote in question.

Most collectors and dealers rely solely on rough guesswork to estimate the value of banknotes that fall into one of the in-between grades of condition - and in most cases, they get it wrong! That's because the math required to do this properly is quite complicated, because the differences between the adjacent grades changes in degree towards each end of the grading scale. And even then, it varies from banknote to banknote, depending on the scarcity factor applicable to each grade for that particular banknote! It is therefore very useful to have an accurate utility that calculates the values of all the intermediate grades at the click of a button. You simply enter the two or three values given by your price-guide (can be dollars, pounds or any currency) and this utility instantly gives you the values of dozens of intermediate grades! You can then decide which intermediate grade applies to the condition of your banknote, and read the value calculated by the utility.

Click here to see a screenshot of the easy-to-use interface.

Click here for a screen-shot of a typical results page.

Guesswork may suffice in some circumstances, but this always leaves open the possibility of disagreement, between two interested parties, over the value of an item when it is in one of the intermediate grades, not given in a recognised value guide. If you can tell the disputing party that it was calculated mathematically, based on the values given in the some respected price-guide, then you have usually won the argument. This can save you $$$ when buying (or delling) banknotes, because it gives you a solid foundation from which to negotiate or establish a fair price!

I personally use this system frequently when pricing the banknotes we offer for sale on this site. In fact, that is why I originally built the utility, along with the help of an advanced mathematician. It avoids a lot of guesswork and makes the task simple and quick. Of course this system produces accurate results only insofar as the data you feed into it is reliable. Remember: "GIGO" (garbage in - garbage out)! In most cases the values in the Standard Catalog of World Paper Money and other well-known value-guides are realistic. However, it is advisable to beware that all published price guides do occasionally get values wrong for one reason or another.

To use the Ackroyd-Noteval Banknote Valuation Utility Online, please order your user name and password by credit card today (from any country) and gain instant access. We usually send your username and password within 24 hours of receiving your order.
Currently only $12 for 12 month's access! (Remember, this utilty can save you $$$ when buying or selling banknotes!)

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