NGC Star Designation

cbarrr · September 8, 2007 12:55PM

How much does the NGC star designation add to the value of a coin?

dizzyfoxx · September 8, 2007 12:57PM

Depending on the actual coin, the * can potentially can carry a significant premium.

Doogy · September 8, 2007 12:57PM

depends - how much are you willing to pay? beauty is in the eye of the beholder, so only the buyer can decide if the star adds "value" to the coin.

a039 · September 8, 2007 1:03PM

30%

Goldbully · September 8, 2007 1:05PM

28.6%

roadrunner · September 8, 2007 1:21PM

If the coin is technically not all there, it can sell for no premium or actually require a discount to move it. But for "star" coins that are all there, 20-40% premiums would not be out of line. Some sellers try to get the price of the next grade.

roadrunner

cbarrr · September 8, 2007 1:36PM

So an 1880S Morgan graded MS66 with a star designation for $331.00 was a good deal?

dizzyfoxx · September 8, 2007 2:16PM

<< So an 1880S Morgan graded MS66 with a star designation for $331.00 was a good deal? >>

Can we see a pic?

GSAcollector · September 9, 2007 12:30AM

In my opinion, for GSA graded Morgans, a star designation at NGC increases the value of the coin by 25% to 30%. For really spectacularly toned coins, the premium can be much higher, of course. For GSA Morgans graded by NGC in the original black hard pack holders, I think that this premium is very low, given the fact that less than 1% of all NGC graded GSA hard packs have the star designation. It is all about eye appeal. The star is not given out readily in recent times. You will see some star designated coins that you wonder why they got the star. The criteria may have been more lax in the "old days." The star is generally given out for spectacular toning, though even non toned coins can get the star, if they have particular eye appeal.

There is one GSA graded toned coin on ebay now, 1878-CC, in the soft pack graded star, and the seller is asking $4,000. I think this may be the only star given out so far in the GSA soft packs, but I am not certain of this. This coin would normally sell for around $400 to $450. I doubt he will get his premium, but, as you can see, it is all market driven. In this case, the rule of thumb may not apply.

See Text

ebaytrader · September 9, 2007 12:45AM

<< 28.6%

>>

It's 28.6257% to be exact.

TorinoCobra71 · September 9, 2007 1:22AM

<< In my opinion, for GSA graded Morgans, a star designation at NGC increases the value of the coin by 25% to 30%. For really spectacularly toned coins, the premium can be much higher, of course. For GSA Morgans graded by NGC in the original black hard pack holders, I think that this premium is very low, given the fact that less than 1% of all NGC graded GSA hard packs have the star designation. It is all about eye appeal. The star is not given out readily in recent times. You will see some star designated coins that you wonder why they got the star. The criteria may have been more lax in the "old days." The star is generally given out for spectacular toning, though even non toned coins can get the star, if they have particular eye appeal.

There is one GSA graded toned coin on ebay now, 1878-CC, in the soft pack graded star, and the seller is asking $4,000. I think this may be the only star given out so far in the GSA soft packs, but I am not certain of this. This coin would normally sell for around $400 to $450. I doubt he will get his premium, but, as you can see, it is all market driven. In this case, the rule of thumb may not apply.

See Text >>

They will NEVER get $2K for this 84-O 63star common date, common grade toner:

Link another NGC Star Coin.

This seller is wasting money on listing fees.....

TorinoCobra71

PrivateCoinCollector · September 9, 2007 1:40AM

The "*" designation means the coin has good eye appeal for the grade. The number of hits etc. make it it say an MS65, but overall the coin looks nice enough to fool most people that it is a 66. It is there way of adding one more level of detail to their grading. On the high end GSA's this has a very large influence on the price collectors are willing to pay, as it also has weight in Registry Points.

Coxe · September 9, 2007 2:14AM

Depends on why it has a star. It could bear no premium, have a modest intragrade premium, or (in the case of a monster toner) be worth multiples of the typical in-grade valuation and exceed the next grade's value too.

fcloud · September 9, 2007 2:19AM

I wonder if it will sticker?

(Zero in my book.)

Zoins · September 9, 2007 2:21AM

The photo can probably be better. I'd like to see what Bruce can do with that coin.

BAJJERFAN · September 9, 2007 4:55AM

<< How much does the NGC star designation add to the value of a coin? >>

It generally means that the coin MAY [notice that I did not say WILL] cross to PCGS at the same grade.

dieabolical · September 9, 2007 5:09AM

I think it might also depend on the series, they seem to hand out stars like candy to Morgans, while Lincolns and Buffs have far lower pops.
So the premium for a *'ed Buff might be more than the premium paid for a Morgan.

Shamika · September 9, 2007 5:25AM

It always depends on the series, the grade, and ultimately the coin. I've seen some coins with the star designation that I would never pay a premium.

Cgb · September 9, 2007 5:36AM

I'd have to say at least 29.00093%

mcheath · September 9, 2007 6:29AM

>>>>>>>>>>>It always depends on the series, the grade, and ultimately the coin. I've seen some coins with the star designation that I would never pay a premium.>>>>>>>>>>

golddustin · September 9, 2007 6:47AM

<< It generally means that the coin MAY [notice that I did not say WILL] cross to PCGS at the same grade. >>

I will find out first-hand in about a month - I just submitted a PF67* NGC pattern standard silver 10c for crossover to pcgs - and listed a minimum grade of PF67....under a loupe, I have little doubt that it will have any problem crossing, and the toning is almost a perfect bullseye.
I guess I 'lose' the star, but I get the coin into a pcgs holder, along with the rest of my standard silver patterns, and hopefully someday, a pedigreed set of coins from pcgs...which I would think is more valuable than a single (*) from NGC.

Stay tuned!

BAJJERFAN · September 9, 2007 9:13AM

In my experience generally the higher the grade [esp starting at ms66] the harder it is to cross NGC to PCGS.

NGC Star Designation

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