coin grading for new designs

Discussion in 'Coin Chat' started by breakintheweb, Jan 25, 2009.

  1. breakintheweb

    breakintheweb Senior Member

    I was wondering how NGC/PCGS handles grading for new coin designs. How would they know what an MS70 for that particular coin looks without seeing a bunch of specimans?
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    At first they don't. But whenever a new coin is issued the TPG's receive hundreds if not thousands of them in the first few days. So it doesn't take long before they do know.

    And since it almost always takes at least a month, and sometimes 2 or 3 months to get coins graded - by the time they get around to grading them there are plenty for them to look at.
     
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