Interesting numbers from NGC on total <world> graded coins

This is not intended to be a thread on merits of NGC or even TPGs in general. I simply found it fascinating to see the total number of coins by country in NGC holders. I personally focus mainly on German States, Austrian States, and Italian States, and I was amazed to see how inconsequential these areas are in relation to the overall volume of world coins in holders.

United States: 23,970,702
China: 1,300,393
South Africa: 390,395
Australia: 388,440
Canada: 309,120
Great Britian: 188,403
Russia: 125,773
Mexico: 82,417
Poland: 64,733
Germany: 57,753

Interesting fact: More 2016 Monkey bi-metallic 10Y have been graded than all Germany and Switzerland issues combined for all centuries.

 

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interesting

 

Basically Europeans don't like plastic yet slowly growing to accept it. US loves it and Chinese love what Americans do. No wonder both TPG opened offices in China.

 

It may be that a larger number of Chinese coins that are slabbed are actually bullion.

 

I agree with this guess. I'd bet probably 1 million of the 1.3 million Chinese coins slabbed are just silver or gold ultra modern bullion issues.

 

The 3 surprises for me were South Africa, Australia, and Poland. I am amazed that there are 6 times more South African coins in holders than German coins.


It will be interesting to see if the Chinese love of bullion will eventually augment the interest in "classic" Chinese imperial and republic coins and ultimately other countries outside the Asian arena.

 

I added them up -- and, of the 1.3 million Chinese coins graded...more than 1.1 million of them are bullion or commemorative (functionally NCLT bullion) coins.

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Of the 23.9 million USA coins graded, 10.1 million are bullion issues, and 4.8 million are non-gold dollar coins (Morgans, Peace, ..., Presidential). ASE's alone are 8.2 million graded, and Morgan dollars are 3.1 million.

 

IMO, many of the coins from China are bullion like Pandas. A majority of the rest are "vintage" coins that are going into big auctions.

 

Interesting numbers brg5658.

I have to give NGC kudos for improving the census part of the website. The metrics and total counts are great.

 

Another point I would add. I bet you a large percentage of these world coins in slabs are actually IN the US, bought by US collectors. The reason Chinese coins are so high is US collectors like Pandas, but dislike all of the fakes on the marketplace.

It would be interesting to see what % of these are actually held outside the US.

 

I think @medoraman is correct as well - bullion coins bought and slabbed by US dealers/collectors.

 

Here are the top 50 types of USA coins graded by NGC. Everyone loves Bullion, Morgans, and State Quarters.

 

Are the counterfeits included in the Chinese count or US count?



Lol. Its just a joke dont lynch me. I know a TPG would never put a Chinese fake in slab

 

The numbers are inflated for us coins though, right? Since a lot of US coins are resubmitted, this will inflate numbers

 

Yeah.
Never happen. No way. Not in a million years...

 

Don't forget South Korea. NGC has an "International Submission Center" there at the auction house, Hwadong, in Seoul. The vast majority of graded S. Korean coins in Korea are graded by NGC.

 

Do the numbers in this chart, and in the OP, include coins in details holders or only those that received a numerical grade? This would be relevant when discussing classic coins, both U.S. and world. There are a lot of details coins out there, and if they aren't included that would skew the numbers toward bullion.

 

No idea. It doesn't specify on the NGC website.

 

I don't think either NGC or PCGS keeps population reports for details coins, if they do they don't put them online that I have seen. That is certainly a valid point in terms of accuracy for bullion vs non bullion, but with either service bullion coins will lead the pops with how popular they are and how cheap massive sellers can get them to market. It is very easy to order a couple thousand bullion coins to send in, takes considerably more effort to find older coins and would require a larger capital commitment.

As a side note, Australia is one country that the TPGs could consider an international success so far with the popularity of slabs catching on there.

 

NGC absolutely tracks details numbers. If you go to their census, details pops are available for everything. I would strongly suspect that the numbers posted above include details grades.

I don't follow PCGS that closely, so I can't speak for them (although, I am absolutely certain that they track the details numbers, even if they don't post them).