The note is higher than EF, twoards GEF. Under intense magnification there is a central crease and a couple of tiny creaes, very small indeed, on two corners. Three exceedingly small loose fibres on the edges indicate very little handling at all so GEF is nearer the mark. It looks better. The magnification really does highlight the quality of the note with its very minor ‘defects’. It is a top quality note. Superb. It is priced at the book value of EF but most woul dhave this listed at around £160 – £170.