NGC Now Grading Details!

umn25 · Sep 22, 2009

From the NGC website (http://www.ngccoin.com/pdf/details_grading_brochure.pdf)...

If a coin does not qualify for numeric grading, its specific

surface condition must be disclosed when describing its grade.
Coins are not eligible for numeric grading at NGC when the
particular feature being described cannot be accounted for
by a point deduction or simple net grading. Any attempt to
do so would be too subjective, as not everyone can agree
on the relative significance of various surface conditions. For
these coins, we use NGC Details Grading. Each coin receives
a grade that relates the amount of wear present due to metal
loss during circulation, such as VG DETAILS or XF DETAILS.
Coins that have no wear but still display a problem surface
condition will be labeled as UNC DETAILS or, in the case of

Proof coins, simply PROOF. Following the Details Grade will be a description of the noteworthy surface condition. In rare instances, there may be more than one surface condition listed.

Coins submitted to NGC will be graded either numerically (if they have acceptable surfaces) or with Details Grading, at the discretion of NGC’s grading team. It is not necessary for the submitter to declare which service is desired, as this will be determined automatically by NGC. While the submission form does permit submitters to opt out of Details Grading in favor of simply having the coin returned unholdered, NGC believes that its Details Grading certifications will find broad acceptance in the coin market. This opt-out feature is available on a submission-by-submission basis by checking the appropriate box on the submission form, or an account holder may arrange to make this opt-out feature

automatic with all submissions on his account.

NCS no longer performs grading and
encapsulation,
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These grades are used for environmentally damaged, cleaned, surface alterations, mechanical damage, mechanical repairs, and mint irregularities. (see brochure)

[SIZE=4][FONT=FrutigerLTStd-Light][COLOR=#c5161c][SIZE=2]Coins NGC Will Not Grade at All[/SIZE][/COLOR][/FONT][/SIZE]
NGC lists within its Service Guide the categories of coins, tokens
and medals that it will certify. These include nearly all coins of the
United States, a wide range of world and ancient issues, and a few
specific categories of tokens and medals. Certain types and periods,
however, are excluded. To be certain that your coins, tokens and
medals are eligible for grading, first check the NGC Web site at
www.NGCcoin.com

INELIGIBLE TYPE

describes a class of coin, medal or token that NGC does not certify, regardless of its condition.

Other coins NGC will not grade include those that are not fully

identifiable or have been altered in some manner so as to simulate

[SIZE=2]pieces of some other date and mint.[/SIZE]

ADDED MINTMARK

indicates that the coin’s mintmark has been applied fraudulently to enhance its value.

ALTERED DATE
describes a coin which has had its date changed by any means in an attempt to increase its value.

ILLEGIBLE DATE
is self-explanatory. If the exact date cannot be determined for any reason, then the coin is not eligible for grading.

ILLEGIBLE MINTMARK
may be due to wear, damage or extreme die erosion and will not be graded.

INSUFFICIENT DETAIL TO ID
applies mostly to ancient coins, but this restriction is in effect for all coins, medals and tokens that are of indeterminate identity.

NOT GENUINE
means that the piece is either a souvenir replica or a counterfeit. Circulating counterfeits are contemporary with the coins they imitate and are intended to pass as money at their face value. Numismatic counterfeits are intended to deceive collectors and typically are made years after the originals.

PVC
film on a coin’s surfaces will preclude encapsulation by NGC, as this continues to be an active contaminant and may cause further damage. Such coins should be sent to NCS for removal of PVC through proper conservation.

QUESTIONABLE AUTHENTICITY
indicates that there is reason to doubt the genuineness of a submitted coin, though it may be impossible to ascertain definitively.

REMOVED MINTMARK
like its counterpart Added[FONT=FrutigerLTStd-Light][SIZE=1][SIZE=2] Mintmark, is a fraudulent [/SIZE][/SIZE][/FONT][SIZE=1][FONT=FrutigerLTStd-Light][SIZE=2]attempt to misrepresent the value of the coin. [/SIZE][/FONT][/SIZE]

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CamaroDMD · Sep 22, 2009

So, it sounds like NGC has taken over the grading of problem coins from NCS in an effort to compete with PCGS and their genuine slabs.

tpsadler · Sep 22, 2009

umn25,

Thanks for taking the time to enlighen us...Keep up the good work

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NGC Now Grading Details!

umn25 ANA #3154232

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NGC Now Grading Details!

umn25 ANA #3154232

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CamaroDMD [Insert Clever Title]

tpsadler Numismatist

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