First generation NGC (black) holder
nencoin
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Does anyone have an image of a first generation NGC holder - the black one? Thanks in advance.
Chris
Chris
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Welcome to the forums, by the way.
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Don
DPOTD-3
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CU #3245 B.N.A. #428
Don
NGC1r.jpg is the front of the slab. I got the files labeled backwards.
-What is your best guess as to the "mintage" of these black holders? Also, the survival rate?
I'm wondering too- the all white NGC holder with the gold embossed logo on the reverse and the plain white insert (no logo)?
You also mentioned a type of NGC holder that was used for about a month or so- the one with real tiny insert numbers on the front and with a different, somewhat darker font. Is this holder also scarce?
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Chris
Jeremy
<< <i>I like the black core, but the flip design is horrible!!! Logo in the front and grade in the back? >>
Maybe their idea was to give dealers two ways to market the coins:
If your customers buy the coin: display the obverse
If your customers buy the holder: display the reverse
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>What is your best guess as to the "mintage" of these black holders? Also, the survival rate?
I'm wondering too- the all white NGC holder with the gold embossed logo on the reverse and the plain white insert (no logo)? >>
Back in the early days of PCGS and NGC they were receiving about thirty to thirty five thousand coins a month. The black slab was inproduction fo about 4 to 6 weeks estimates are about 40,000 black slabs produced. Estimates among people with a interest in the slab varieties, long time dealers etc seems to be a survival rate of .1 to 1% or between 40 and 400 still in existence. I lean toward the high end of that range.
The second variety with the plain white label is probably even rarer than the Black NGC as It was probably in production only until they could have new labels printed up with the border and scales underprinting. I wouldn't expect that to have taken more than two weeks.
<< <i>You also mentioned a type of NGC holder that was used for about a month or so- the one with real tiny insert numbers on the front and with a different, somewhat darker font. Is this holder also scarce? >>
It is a little scarce and becoming scarcer all the time. It probably had a production of 50 to 60 thousand slabs. This may sound like a lot but the current NGC slab already has a production ten times that figure. The NGC 8 is getting a little tougher to find but at most any mid to large show (100 - 150 dealers) you can probably locate at least a couple dozen examples. As time passes though, these will be dispursed and a certain percentage will be lost to crackouts, regrades, crossovers, and reholdering each year.
<< <i>I like the black core, but the flip design is horrible!!! Logo in the front and grade in the back? >>
From what I was told by an NGC grader this was the result of NGC listening to an outside consulting expert whose aurgument was that it was very important to always keep your company logo in front of your customers/clients. So the logo should be on the side of the holder showing the important side of the coin, the obverse. The label should then go on the less important side with the reverse of the coin. Also the use of the black insert wasn't a great idea. It looks stunning on a gold coin, white silver, or red unc copper, but it doesn't work well with toned silver or brown copper. Early large cents in the black inserts, especially the 1808 - 1814 issues, just disappeared in the holder
I appreciate the info!
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