What does the * mean on a NGC holder?

Snoodle

Thanks......

Baley

"superior eye appeal for the grade"

Snoodle

Thanks Baley

Have a good night....

Baley

you too!

Colorfulcoins

In spite of what others may tell you, it does NOT mean its PQ for the grade. What Baley said is 100% true and nothing else.

jom

<< <i>it does NOT mean its PQ for the grade >>



Right. There is a difference between a coin that is near the next grade up (ie PQ for the grade) and a very pretty coin (ie superior eye appeal) coin for THAT grade.

jom

stman

In grade school they used to put "Stars" on the kids foreheads for being good. I never got one but I seen it happen. True story!!!!

jom

<< <i>In grade school they used to put "Stars" on the kids foreheads for being good. I never got one but I seen it happen. True story!!!! >>



I remember that. It happened to me...once. Most of the time I just got a swift kick in the ass.

jom

haletj

I hogged all the stars the first week of second grade, and then the teacher made a new rule, that you couldn't get two stars in a row.

Edited to say: Guess what! At the end of the year, for having the most stars, I got a prize. Guess what the teacher gave me? 5 dollars to spend towards my coin collection!

eyoung429

You guys went to school?? I found it better to go out and make a living.

puff

>>>What does the * mean on a NGC holder?<<<

It means that it is almost as good as a coin of the same grade in a PCGS holder!

ER

But, isn 't "eye appeal" part of the equation when determining grade ( surface preservation, strike, luster, eye appeal )? So, if eye appeal is "superior", doesn 't that count toward "PQ"?
Just wondering.

sliderider

<< <i>But, isn 't "eye appeal" part of the equation when determining grade ( surface preservation, strike, luster, eye appeal )? So, if eye appeal is "superior", doesn 't that count toward "PQ"?
Just wondering. >>



That's my argument, but I keep getting slapped down, regardless.

NGC even allows more points in their registries for coins with the star than without which leads me to believe that they feel those coins are better than non-star coins.

fountainheadgold

Eye appeal is the most important factor in grading a coin. great eye appeal can raise the grade by 1 or 2 points (ms coins)

TommyType

It's the first salvo in the battle to start using half points in MS grading!

I can see it now: "I only collect MS-64 coins, because of the price bump to MS-64.5".

ArtR

John Mabin has a article on the NGC Site explaining the Star Designation.CLICK HERE

jom

<< <i>So, if eye appeal is "superior", doesn 't that count toward "PQ"? >>



This could be true but now you are getting into the question of "market grading" vs "technical grading" which leads to an endless discussion. To me, a grade was simply supposed to be a way of communicating to someone what a coin looks like who hasn't seen it. Today it seems it is blown WAY out of proportion. Given the fact agreement on what EACH grade should be, let alone agreeing on WHAT aspects of a coin are to be used to grade, I think it just comes down to whether you like a coin and whether you think the price is fair or not. IMO, there is far too much attention paid to this aspect of coin collecting and the Registry unfortunately exacerbates the problem.

jom

marcmoish

personally I laugh at the star thingy - let the consumer/collector decide what they like - I for one need not see what NGC says deserves a star. I mean hello are we so nitwit'd that we need to be told a certain coin is extra nice?? maybe we should have floss in the johns linked to the toilet paper so we stay focused.

JMO




Marc

ziggy29

I don't really understand the "star" designation for MS coins either; most facets of eye appeal are already factored into the numerical grade. Not everyone agrees on what constitutes "superior appearance" from a market grading point of view. Especially since color is not the only factor that can affect market grade but not technical grade (strike is another). Why shouldn't a sharply struck 1926-D Buff or 1892-O Morgan, for example, not get a "star" even if it's not toned? It's clearly superior eye appeal for the date and grade even if the technical grade is not affected.

And the other thing is -- EVERYONE will agree that all else being equal, a sharp strike has better eye appeal than a weak strike, but NOT everyone will agree that a colorful coin has more eye appeal than a comparable (but untoned) coin.

Baley

In the marketplace, for most intents and purposes, the * (star) is a half-point.

ColonialCoinUnion

I think it means that PT Barnum must work in the marketing department at NGC.

rainbowroosie

It means look at the coin and if you like it, buy it....buy the coin not the holder....same can be said for PCGS or any other service.