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<p>[QUOTE=&quot;kiyardo, post: 392684, member: 1920&quot;]I&#039;ve had bad luck with both ICG and NGC graded coins with regard to what is known as numismatic perfection. NGC has a better reputation. But, in my opinion they do not. I&#039;ve purchased &quot;perfect&quot; coins with the ICG slab and resubmitted them to replace the imperfect 69 or 68 with a 70m which was marked on the slab. They did so, although even upon reinspection the coins still showed some minor flaws. Nontheless, flaws that wouldn&#039;t make it a 70 in my book, or in PCGS&#039;s.</p><p><br /></p><p>Anyway, I purchased two MS and PF 70 Blad Eagle Commemorative dollars off of eBay. The coins had visible spots on them, most likely occuring during the striking or minting process. I hadn&#039;t realized that NGCs standards for perfect coins werer SOOO liberal upon recieving them back from resubmission. Accfording to the person I talked to there and the website there stadard reads as follows:</p><p><br /></p><p><span style="color: DarkRed"><b>NGC defines a Mint State or Proof 70 coin as having no post-production imperfections at 5x magnifications.</b></span></p><p><br /></p><p><span style="color: DarkRed"><b>MS</b></span> <span style="color: DarkRed"><b>60-70</b></span>: <span style="color: DarkRed">Uncirculated</span></p><p><br /></p><p><a href="http://www.ngccoin.com/coingrading/grading2.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/coingrading/grading2.asp" rel="nofollow">http://www.ngccoin.com/coingrading/grading2.asp</a></p><p><br /></p><p>Here are PCGS&#039;s standards:</p><p><br /></p><p><span style="color: DarkRed"><b>MS/PR-67</b>:&nbsp; Virtually as struck with minor imperfections, very well struck&nbsp; <b></b></span></p><p><span style="color: DarkRed"><b>MS/PR-68</b>:&nbsp; Virtually as struck with slight imperfections, slightest weakness of strike allowed<b></b></span></p><p><span style="color: DarkRed"><b>MS/PR-69:&nbsp;&nbsp; </b>Virtually as struck with minuscule imperfections, near full strike necessary<b></b></span></p><p><span style="color: DarkRed"><b>MS/PR-70</b>:&nbsp; As struck, with full strike</span></p><p><br /></p><p><a href="http://www.pcgs.com/grades.chtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/grades.chtml" rel="nofollow">http://www.pcgs.com/grades.chtml</a></p><p><br /></p><p>So, my statement to this person was, then that would mean that almost EVERY single modern collectible coin minted would be a 70. The population figures shed some light to this. But, the 69&#039;s are far more in number. The person on the phone was incredibly friendly and respectable. But, his explanation didn&#039;t make sense to me.</p><p><br /></p><p>The same holds true for the ultra cameo designation. It is obvious to me even given the improvements in quality from the Mint between a cameo and an ultra cameo (Heavy thick frosting, fully embedded completely and evenly in the design, sharply contrasting the fields).</p><p><br /></p><p>As one can see from the PCGS standards, the grades are based on the strike of the coin.</p><p><br /></p><p>Am I wrong in interpreting the Sheldon system of perfection for a perfect coin as one without numismatic flaws, whether those flws occur during the minting process or not?</p><p><br /></p><p>PCGS seems to be a lot more conservative and careful about this. At least for grading perfect 70 coinage.</p><p><br /></p><p>I will no longer trust NGC for graded perfect coins. </p><p><br /></p><p>Any thoughts?[/QUOTE]</p><p><br /></p>

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