NGC designates "Full Torch" Roosevelt's
onlyroosies
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Strait from NGC.
NUMISMATIC GUARANTY CORPORATION OF AMERICA
P.O. Box 4776
Sarasota, FL 34230
NGC Adds Important New Designations
For Immediate Release
Tuesday, March 18, 2003
Contact: Rick Montgomery
NGC
(941) 360-3990 or (800) 642-2646
[Florida] Numismatic Guaranty Corporation is now applying the designations PL for Prooflike and DPL for Deep Prooflike to all United States and world coins that merit them. This service goes into effect immediately. Soon to be adopted is the designation FT for Full Torch, which will be applied to Roosevelt Dimes. NGC will begin certifying FT dimes April 14, 2003.
NGC has been using the designations PL and DPL for some years with selected United States coin types, notably Morgan Dollars and many silver commemoratives, More recently, it has been applied to qualifying statehood quarters and Sacagawea Dollars. NGC’s customers have called attention to the fact that other coin types sometimes feature Prooflike or even Deep Prooflike fields, and these qualities will now be acknowledged for all USA and world coins.
These designations will be included when applicable during the normal course of grading, and no special fee or service is required when submitting uncertified coins to NGC. For those having coins already certified by NGC and that may qualify for the PL or DPL designations, these may be submitted for review of their status under NGC’s Designation Review service at a fee of $10. This includes the cost of reholdering the coin. Coins holdered by other companies may be submitted to NGC under its Crossover Service, and their PL or DPL status will be evaluated in the course of grading the coins.
NUMISMATIC GUARANTY CORPORATION OF AMERICA
P.O. Box 4776
Sarasota, FL 34230
NGC Adds Important New Designations
For Immediate Release
Tuesday, March 18, 2003
Contact: Rick Montgomery
NGC
(941) 360-3990 or (800) 642-2646
[Florida] Numismatic Guaranty Corporation is now applying the designations PL for Prooflike and DPL for Deep Prooflike to all United States and world coins that merit them. This service goes into effect immediately. Soon to be adopted is the designation FT for Full Torch, which will be applied to Roosevelt Dimes. NGC will begin certifying FT dimes April 14, 2003.
NGC has been using the designations PL and DPL for some years with selected United States coin types, notably Morgan Dollars and many silver commemoratives, More recently, it has been applied to qualifying statehood quarters and Sacagawea Dollars. NGC’s customers have called attention to the fact that other coin types sometimes feature Prooflike or even Deep Prooflike fields, and these qualities will now be acknowledged for all USA and world coins.
These designations will be included when applicable during the normal course of grading, and no special fee or service is required when submitting uncertified coins to NGC. For those having coins already certified by NGC and that may qualify for the PL or DPL designations, these may be submitted for review of their status under NGC’s Designation Review service at a fee of $10. This includes the cost of reholdering the coin. Coins holdered by other companies may be submitted to NGC under its Crossover Service, and their PL or DPL status will be evaluated in the course of grading the coins.
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The new add-ons seem to be a way to increase business for the graders and not the collectors.
A case would be in Winged Liberty dimes that instead of MS66, if it is full band, the grade would move up to a 67 or 68!
I don't understand that if the coin does not meet all the characteristics of the die that in MS should grade no higher than a 65! If it meets all die componets, then it can move up in number!
Someone is making money off another marketing scheme and it's not me! What do I do with all the coins I have that are Full Torch in MS67 and 68? Resubmit for a grading fee!
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