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NGC goes to PCGS style + grading

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NGC EXPANDS PLUS (+) DESIGNATION TO US MODERN COINS
Posted on 11/13/2013
US Modern coins are now eligible for NGC's Plus Designation, making the modern coin grading scale more nuanced.

SARASOTA, Fla. (November 12, 2013) — Numismatic Guaranty Corporation® (NGC®) has announced a significant expansion of its popular Plus (+) designation. NGC uses the Plus (+) designation to indicate a coin at the high end of its assigned numeric grade and approaching the quality requirements for the next grade. Now eligible for the Plus (+) designation are US coins dated 1792 to present and grading XF 45 to MS 68 or PF 45 to PF 68, excluding bullion issues and modern commemoratives struck 1982 to present.


With feedback from collectors and dealers, NGC determined that a more nuanced grading scale was needed for most US modern coin issues. The expansion of the Plus (+) designation was made as interest in US modern coins continues to grow.

“NGC’s Plus (+) designation has been praised by collectors and dealers as the premier indicator of quality since it was launched in May 2010,” says Mark Salzberg, chairman of NGC. “Although we initially limited the designation to vintage US coins, careful analysis over the last three years led us to believe that most modern US coin series required a similar level of precision.”

All eligible coins submitted to NGC for grading will automatically be evaluated for the Plus (+) designation. There is no additional fee or special service that must be requested. Coins may not be submitted under the Designation Review tier to be evaluated for the Plus (+) designation.





Comments

  • dbcoindbcoin Posts: 2,200 ✭✭
    Looks like NGC is in need of submissions. Cutting their prices on Modern stuff

    21ST-CENTURY SUBMISSION SPECIAL
    Posted on 11/12/2013
    Submit US Modern coins (2000–date) for only $10. Special labels will be offered while quantities last. Available through the end of the year.

    For a limited time you can submit US Modern Coins, 2000-date, valued up to $100 per coin, to NGC for grading for only $10 per coin. A variety of special submission labels, including America's National Treasures® and Presidential labels, will be available while supplies last. Click here to view all eligible labels. There is a 10-coin minimum submission requirement for this offer.


    click image to enlarge
    Please follow the guidelines outlined below to ensure your submission is processed in a timely manner. Coins for this special must be received by NGC before December 31, 2013 to be eligible.

    Valid for NGC Collectors Society members and NGC Authorized Dealers.
    US Mint Set and Proof Set coins must be submitted on a separate submission form and cannot be combined with other coins.
    Do not select a grading tier.
    Coins may be submitted for any of the special labels (America's National Treasures, Presidents, etc.) listed on this page if they meet the requirements.
    Write "21st Century Special" in bold letters on the submission form.
    If a specific label is not requested, the default label (see this page) will apply.
    US coins only. Gold, Platinum and Oversize coins are not eligible.
    No other discounts apply.
    Collectors Society coupons cannot be used for this special.
    Special submissions are unlimited.
    Estimated turnaround time is 20 business days.
    Handling and return shipping fees still apply.


  • I don't keep up with ATS. They are still employing the "*" or? That would be interesting for submissions - all those combinations. Perhaps a good idea, perhaps not.

    Eric
  • erwindocerwindoc Posts: 5,287 ✭✭✭✭✭
    They should have waited until their registry competition ends, which is in a couple of weeks to make the announcement. Perhaps that was the idea?
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭


    << <i>Looks like NGC is in need of submissions. Cutting their prices on Modern stuff

    >>



    I assume you have some sort of proof for making such a foolish statement, as usual!
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    They could cut there fee to a buck a coin and I still would not use them.


  • << <i>They could cut there fee to a buck a coin and I still would not use them. >>

    image
  • dbldie55dbldie55 Posts: 7,742 ✭✭✭✭✭
    This thread is posted over 3 years after NGC started to use + grades.

    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • dbldie55dbldie55 Posts: 7,742 ✭✭✭✭✭


    << <i>

    << <i>They could cut there fee to a buck a coin and I still would not use them. >>

    image >>



    How many coins dated 2000 - 2013 do you submit to PCGS?
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • dbcoindbcoin Posts: 2,200 ✭✭


    << <i>This thread is posted over 3 years after NGC started to use + grades. >>



    did u read the press release NGC put out? It was dated yesterday and it says they EXPANDED their use of + grading. Essentially doing what PCGS has been doing. It's highlighted prominently on their home page.
  • braddickbraddick Posts: 24,819 ✭✭✭✭✭


    << <i>

    << <i>This thread is posted over 3 years after NGC started to use + grades. >>



    did u read the press release NGC put out? It was dated yesterday and it says they EXPANDED their use of + grading. Essentially doing what PCGS has been doing. It's highlighted prominently on their home page. >>



    Ah, dang.
    Please don't mix a half decent disingenuous argument with facts.

    Now... let the trolling against NGC continue. . .

    peacockcoins

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