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NGC will continue to designate BU strike-on-the-day 200th anniversary sovereigns as proofs.
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<p>[QUOTE="calcol, post: 2846948, member: 77639"]A little background: The Royal Mint decided to commemorate the 200th anniversary of the "modern" sovereign gold coins. So, several types of gold commemoratives were to be struck including a 1 sovereign BU gold coin with a plain edge. It was to be struck only on the day of the 200th anniversary, and only 1817 were to be struck.</p><p><br /></p><p>My first clue that something was amiss was when I was told by the mint my order would be delayed because they needed to print more COAs. Turns out they erroneously stated on the COAs of the first coins shipped that the coins were proof rather than BU. The Royal Mint sent a letter and correct COAs to those to whom they had already shipped coins. The rest of the customers, including me, received COAs with our coins that stated that the coins are BU.</p><p><br /></p><p>Problem is that some of the early shipments were sent by their recipients to NGC before the correct COAs were issued. Based on the erroneous COAs and appearance of the coins, NGC designated the coins as plain edge proofs. </p><p><br /></p><p>Before sending my coin for grading, I asked on the NGC forum if NGC was going to continue to call the coins proofs. The moderator (a NGC rep) stated: " Thank you for your question. Based on information from the mint and the opinion of the graders we decided to designate these as proof coins. The strike differences are too minor for us to designate as MS and PF. "</p><p><br /></p><p>Link: <a href="https://www.ngccoin.com/boards/topic/411984-will-newly-submitted-uk-2017-strike-on-the-day-200th-anniversary-sovereign-bu-strikes-have-grades-of-ms-instead-of-pf/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/boards/topic/411984-will-newly-submitted-uk-2017-strike-on-the-day-200th-anniversary-sovereign-bu-strikes-have-grades-of-ms-instead-of-pf/" rel="nofollow">https://www.ngccoin.com/boards/topic/411984-will-newly-submitted-uk-2017-strike-on-the-day-200th-anniversary-sovereign-bu-strikes-have-grades-of-ms-instead-of-pf/</a></p><p><br /></p><p>So, if I send my BU coin to NGC it will be slabbed as a proof. I'm not sure any have been submitted to PCGS; their terminology for sovereigns is a bit arcane.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 2846948, member: 77639"]A little background: The Royal Mint decided to commemorate the 200th anniversary of the "modern" sovereign gold coins. So, several types of gold commemoratives were to be struck including a 1 sovereign BU gold coin with a plain edge. It was to be struck only on the day of the 200th anniversary, and only 1817 were to be struck. My first clue that something was amiss was when I was told by the mint my order would be delayed because they needed to print more COAs. Turns out they erroneously stated on the COAs of the first coins shipped that the coins were proof rather than BU. The Royal Mint sent a letter and correct COAs to those to whom they had already shipped coins. The rest of the customers, including me, received COAs with our coins that stated that the coins are BU. Problem is that some of the early shipments were sent by their recipients to NGC before the correct COAs were issued. Based on the erroneous COAs and appearance of the coins, NGC designated the coins as plain edge proofs. Before sending my coin for grading, I asked on the NGC forum if NGC was going to continue to call the coins proofs. The moderator (a NGC rep) stated: " Thank you for your question. Based on information from the mint and the opinion of the graders we decided to designate these as proof coins. The strike differences are too minor for us to designate as MS and PF. " Link: [url]https://www.ngccoin.com/boards/topic/411984-will-newly-submitted-uk-2017-strike-on-the-day-200th-anniversary-sovereign-bu-strikes-have-grades-of-ms-instead-of-pf/[/url] So, if I send my BU coin to NGC it will be slabbed as a proof. I'm not sure any have been submitted to PCGS; their terminology for sovereigns is a bit arcane. Cal[/QUOTE]
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NGC will continue to designate BU strike-on-the-day 200th anniversary sovereigns as proofs.
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