Note Quality: Uncirculated versus Circulated

The currency in the first set of images below are examples of uncirculated quality 25,000 Iraqi Dinar banknotes. Uncirculated notes of any currency are bright and clean, with no blemishes or discoloration. The edges are clean and perfectly flat; the corners are sharp with no evidence of folding or damage.

Generally, most bills you carry in your wallet are circulated notes. These notes may be crisp, clean and like-new, or could have minimal wear from folding and use. Many criteria are used to determine the condition of an individual note, including slight creasing from rubber bands or paper straps.

Most importantly, as a negotiable instrument circulated notes have the same intrinsic value as uncirculated notes; a note has the same value to the central bank that issued the note, regardless of its categorization as circulated or uncirculated.

Please note that we do not exchange notes rendered unsalable by extensive damage. If notes have holes, tears, tape, burns, or are missing corners or portions of the notes, we are unable to sell them and therefore, do not redeem them. Unsalable notes included in a redemption order will not be returned to you.

Note comparison

Examples of Uncirculated Notes

Uncirculated Iraqi Dinar notes
Uncirculated Iraqi Dinar notes

Examples of Circulated Notes

Circulated Iraqi Dinar notes
Circulated Iraqi Dinar notes