The note looks uncirculated but GEF is the best grading. Under the magnifying light there are two loose fibres. One on the top right and the other is on the bottom left corner. There is a very light fold to the right, very light and mentioned to be precise, but otherwise the note is outstanding with the embossing still clear and the colour vibrant and lustrous. This is a ‘Holy Grail’ note, very rare indeed.