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Ngc Coin Grading

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  1. NGC Coin Grading Scale. NGC uses the internationally accepted Sheldon grading scale of 1 to 70, which was first used in the United States in the late 1940s. This scale was adopted by NGC when it began operations in 1987 and is considered to be the industry standard.
  2. NGC is the official grading service of the American Numismatic Association and the Professional Numismatists Guild, establishing NGC coin grading as an industry standard. Other distinctions include: The NGC Collectors Society, an online resource and community where members can discuss NGC coin values and NGC coin prices.
  3. Some people prefer NGC, other PCGS. Some may want to direct submit etc and costs will vary. People can then decide which route they want to take and which TPG. I think it is good to talk numbers as it gives people an idea of costs and whether a coin is actually worth grading. NGC includes a basic photo of the coin.
  1. Pcgs Coin Grading
  2. Ngc Coin Grading Price Guide

NGC is the world’s leading and largest third-party coin grading service, and its independent affiliate NCS was the first professional coin conservation company.

The two largest grading services, NGC and PCGS, have graded almost 70 million coins since they opened about 30 years ago. They don’t appraise the coins or assign them a value. The graders simply give the coins a numerical grade and it is then up the market to decide what the coin is worth.

Numismatic Guaranty Corporation (NGC), founded in 1987, heralded the introduction of a new standard of integrity in coin grading. From the beginning, NGC has remained focused on grading collectible coins, tokens and medals accurately, consistently and impartially. As the company has grown to become the leading and largest third-party coin grading service, it has maintained a steadfast and uncompromising commitment to these ideals.
The knowledge, integrity and dedication of NGC’s team of numismatic professionals ensure a level of grading consistency unparalleled among grading services. This record of consistency, built over the years, has helped to foster greater stability throughout the collectible coin marketplace.
NGC is the official grading service of the American Numismatic Association (ANA) and the Professional Numismatists Guild (PNG).

Founded in February 2001, Numismatic Conservation Services (NCS) is devoted to expert conservation of collectible coins, tokens and medals. NCS numismatic professionals have extensive experience in coin conservation techniques and are uniquely qualified to provide expert conservation services for coins of all metals, types and eras.
NCS conservation carefully removes surface contaminants such as PVC, soils, tarnish, carbon spots, verdigris and encrustation from coins. These conservation services are designed to preserve originality, improve eye appeal and provide long-term protection.
NCS is the conservation service of choice of the ANA and PNG.

Numismatic Guaranty Corporation
TypePrivate
IndustryCollectibles
Founded1987, Parsippany, New Jersey
HeadquartersSarasota, Florida
Area served
Worldwide
ServicesCoin certification
ParentCertified Collectibles Group
Websitewww.ngccoin.com

Numismatic Guaranty Corporation (NGC) is a privately owned, international coin certification service based in Sarasota, Florida. It has certified more than 47 million coins. NGC certification consists of authentication, grading, attribution, and encapsulation in clear plastic holders. NGC is a member of Certified Collectibles Group (CCG), which owns five million collectible certification services. NGC has been the official grading service of the American Numismatic Association (ANA) since 1995 and the Professional Numismatists Guild (PNG) since 2004.[1][2]

History[edit]

NGC was founded in 1987 in Parsippany, N.J. as one of the first independent third-party coin grading companies. In 1995, NGC was named the official grading service of the ANA. NGC commenced operations at its new location in Sarasota, Florida in 2002. That same year, NGC was named the official grading service of the PNG.[3] In 2006, NGC relocated to a 60,000-square-foot secure building that also houses its CCG-owned sister companies, including Numismatic Conservation Services (NCS), Paper Money Guaranty (PMG), Certified Guaranty Company (CGC), and Classic Collectible Services (CCS). In 2008, ancient coin certification began (NGC Ancients). NGC has other locations in Hong Kong, China; Shanghai, China; Munich, Germany; and London, United Kingdom.[4][5]

Grading

NGC certification[edit]

NGC certifies most US, world, and ancient coins, tokens, and medals. The certification process consists of authentication, grading, attribution, and encapsulation in plastic holders (aka slabs). Certification fees are tiered according to value, turnaround times, and extra services. NGC has certified over 47 million coins.[6][7] NGC certification offers significant protection against counterfeiting, misattribution, overgrading, and damage, but does not necessarily determine exact value. Even within the same grade, coins can have widely differing values.[8]

The NGC grading scale is based on the 70-point Sheldon coin grading scale. Strike designations include Prooflike and Deep Prooflike for circulation issue coins and Cameo and Ultra Cameo for Proof coins. Coins deemed high-end for their particular numeric grade receive a 'Plus' designation. Coins considered attractive get a 'Star' moniker. Cleaned, scratched, or otherwise impaired coins can be encapsulated and assigned a verbal 'details' grade, but not a numerical one.[9]

NGC employs more than 30 full-time graders. At least two graders examine each coin. NGC employees are prohibited from participating in the commercial buying and selling of coins, which reduces potential conflict of interest. NGC backs its evaluations with a guarantee: they will financially compensate for any overgrading or other assessment mistakes, based on their opinion of a coin's true market value.[10][11][12]

NGC has used EdgeView® Holders since 2007 for the Presidential Dollar series and for all other coins since 2008. Since 2009, a scratch-resistant holder coating, similar to that used on eyeglass lenses, has been employed. NGC offers Oversize holders for coins larger than 45 mm and up to 120 mm, and Mega holders for coins larger than 120 mm and up to 180 mm.[13] NGC's label lists a coin's denomination, variety, grade, pedigree, serial number, and other info.[14][15]

Online research tools[edit]

NGC Cert Lookup verifies all NGC certified coins and helps combat against holder counterfeiting. Using the label serial number, NGC will reveal a coin’s date, denomination, grade, photo (if any), and pricing and Census info. NGC Coin Explorer lists key info about many coin issues, such as mintages and values. The NGC Census reports how many examples of each issue NGC has certified by grade, which helps determine relative rarity. Census figures are often falsely inflated due to resubmissions of the same coins. NGC Coin Price Guide lists pricing data for most US coin (and some modern Chinese) issues. NGC Auction Central reportsauction prices realized.[16][17]

Dealer survey[edit]

A survey of major coin dealers, conducted by the trade associations PNG and Industry Council For Tangible Assets (ICTA), revealed the dealers' 'Superior' rating for NGC, the highest given for any service. Of the other 10 grading services evaluated in the survey, only the Professional Coin Grading Service (PCGS) also received the 'Superior' rating. Survey respondents gave their professional opinions about 11 grading services based on 12 criteria, such as grading and authentication accuracy. Each category was ranked by the respondents on a 10-point scale ranging from the lowest, 'Unacceptable', to the highest, 'Outstanding'.[18]

Pcgs Coin Grading

See also[edit]

Ngc Coin Grading Price Guide

External links[edit]

References[edit]

  1. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  2. ^'Introduction to NGC'. NGCcoin.com. NGC. Retrieved 2016-06-15.
  3. ^'NGC is the official grading service of PNG'. pngdealers.org. Professional Numismatists Guild. Retrieved 2016-07-12.
  4. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  5. ^'Global Locations'. ngccoin.com. NGC. Retrieved 9 December 2017.
  6. ^Starck, Jeff. 'NGC grading room confidential'. coinworld.com. Coin World. Retrieved 2015-09-15.
  7. ^'NGC expands 'plus' designation to world coins'. coinworld.com. Coin World. Retrieved 2015-09-15.
  8. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  9. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  10. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  11. ^'THE NGC COIN GRADING SYSTEM'. ngccoin.com. NGC. Retrieved 2016-07-12.
  12. ^'Introduction to NGC'. NGCcoin.com. NGC. Retrieved 2016-06-15.
  13. ^'NGC Holders'. NGCcoin.com. NGC. Retrieved 2019-07-11.
  14. ^'NGC Unveils New Holder Design'. ngccoin.com. NGC. Retrieved 2016-07-12.
  15. ^'SCRATCH-RESISTANT COIN HOLDER'. NGCcoin.com. NGC. Retrieved 2016-07-12.
  16. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. p. 432. ISBN978-0375723391.
  17. ^'NGC Research'. ngccoin.com. NGC. Retrieved 2016-07-12.
  18. ^'PNG, ICTA Announce Results of 2006 Grading Services Survey'. pngdealers.org. PNG. Archived from the original on 2015-09-21. Retrieved 2015-08-05.
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