One banknote of  Ukraine 5 Karbowanez 1942 P-51.Condition (opinion): Extremely Fine (EF) ,see scan. .Size:12,8cm/5,9cm (small)

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Banknote Grading

UNC 
AU 
EF 
VF 
VG 
Fair 
Poor 
Uncirculated 
About Uncirculated 
Extremely Fine 
Very Fine 
Fine 
Very Good 
Good 
Fair 
Poor 

Edges

no counting marks 
light counting folds OR... 
light counting folds 
corners are not fully rounded 
much handling on edges 
rounded edges 

Folds

no folds 
...OR one light fold through center 
max. three light folds or one strong crease 
several horizontal and vertical folds 
many folds and creases 

Paper

color 

paper is clean with bright colors 
paper may have minimal dirt or some color smudging, but still crisp 
paper is not excessively dirty, but may have some softness 
paper may be dirty, discolored or stained 
very dirty, discolored and with some writing 
very dirty, discolorated, with writing and some obscured portions 
very dirty, discolored, with writing and obscured portions 

Tears

no tears 
no tears into the border 
minor tears in the border, but out of design 
tears into the design 

Holes

no holes 
no center hole, but staple hole usual 
center hole and staple hole 

Integrity

no pieces missing 
no large pieces missing 
piece missing 
piece missing or tape holding pieces together

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See below related information from the web:



In a matter of months after Adolf Hitler invaded the Soviet Union with Operation Barbarossa on June 22, 1941, Ukraine came under the control of Nazi Germany.  Reichskommissar Erich Koch, a fanatical Nazi, was appointed by Hitler as the civilian administrator of occupied Ukraine.  As head of the Reichskommissariat Ukraine
 When Nazi Germany first occupied the Ukraine, they presented themselves as the saviors of the Ukranians from the Soviet Union.  The German propaganda machine promoted Hitler as the Liberator of the Ukraine.
 At the start of World War II, Koch was the Reichsverteidigungskommissar (Reich Defense Commissioner) for East Prussia.  After the successful invasion of Poland he was transferred to Danzig-West Prussia where he studied in depth the ethnic composition of the occupied territories to segregated Jews and other undesirables of the Third Reich.

The total number of civilians killed in the conflict during the German occupation of the Ukraine from 1941 to 1944 is estimated at seven million.  The einsatzgruppen – Heinrich Himmler’s mobile death squads – exterminated over a million innocent Jewish men, women and children with their bullets.  The explicit orders for the einsatzgruppenwere to follow the Wehrmacht into the Soviet Union and eliminate any “partisans” left behind, which included Jews, Red Army soldiers, communist officials and other undesirables and enemies of the Third Reich.  The Waffen SS also contributed to the casualty counts. During the German conquest of Ukraine, the most infamous slaughter of innocents by the einsatzgruppen was at a ravine called Babi Yar, outside the city of Kiev. On September 29 and 30 of 1941, over 34,000 women, children and old men were marched naked to the ravine and shot. This is the worst mass murder by shooting.  It was followed by the systematic mass murder by poison gas with the establishment of the Nazi death camps, the largest of which was Auschwitz.
 he occupation banknotes were all issued in Rowno (Rovno) on March 10, 1942.  In accordance with the Riga Peace Treaty of 1921, Rowno became a part of Poland.  After the Molotov-Ribbentrop Pact of 1939 and the subsequent partition of Poland, Rowno was occupied by the Soviet Union.  On June 28, 1941 Rowno was captured by Nazi Germany and served as the administrative center of the Reichskommissariat Ukraine.  The population of Rowno was 50% Jewish.   In Rovno and the surrounding region, the einsatzgruppen slaughtered over 100,000 innocent civilians, including women and children.   
 These occupation banknotes were issued by the Zentral Notenbank Ukraine (Ukranian Central Bank) is Rowno for circulation in the territory of the Reichslommissariat Ukraine.  The districts included Dnipropetrovs, Kiev, Nykolaiv, Zhytomyr and Volhynia-Podolia.  The denomination of the banknotes is in Karbowanez (Karbovanetz).  They were issued in denominations of 1 Karbowanez (P-49), 2 Karbowanez (P-50), 5 Karbowanez (P-51), 10 Karbowanez (P-52), 20 Karbowanez (P-53), 50 Karbowanez (P-54), 100 Karbowanez (P-55), 200 Karbowanez (P-56) and 500 Karbowanez (P-57).  The 500 Karbowanez banknote is the largest and measures 18.6cm x 10.4cm.
 After the Battle of Rowno, the city was liberated by the Red Army on February 2, 1944 and remained part of Soviet Ukraine after the war. 


At the end of the war, the Soviet Union demanded Erich Koch’s extradition.  However, the British did not relent and instead handed him over to the Polish authorities on January 14, 1950.  His trial did not begin until 1958 where he was tried for war crimes related to the extermination of 400,000 Poles.  Found guilty he was sentenced to death on March 9, 1959 by the district court in Warsaw.  However his sentence was commuted to life in prison without parole.  He died in prison on November 12, 1986 at the age of 90.