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NGCX a new 10 point grading scale from NGC
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<p>[QUOTE="Lehigh96, post: 8697121, member: 15309"]Why do you do this? The overwhelming majority of this post is completely irrelevant to the discussion at hand. Since NGCX only applies to modern coins minted from 1982 to present, the only relevant paragraph is:</p><p><br /></p><p><br /></p><p><br /></p><p>First, we have to assume that your breakdown of their revenue streams is correct because I don't believe it is. But lets say for argument sake that 50% of their revenue comes from moderns. That ABSOLUTELY DOES NOT mean that they are losing the entire other 50% of their revenue. Submissions of classic US coinage are suffering SOME decline, but both the World and Ancient coin grading markets are expanding enough to more than compensate for the loss in classic US coin grading. Here is an article from earlier this year that shows that NGC & PCGS are doing just fine and than coins are leading the way.</p><p><br /></p><p><a href="https://www.numismaticnews.net/coin-market/coins-lead-the-way-in-hobby-growth" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.numismaticnews.net/coin-market/coins-lead-the-way-in-hobby-growth" rel="nofollow">Numismatic News: Coins Lead the Way in Hobby Growth</a></p><p><br /></p><p>They don't need to scam people into resubmissions and they never have.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 8697121, member: 15309"]Why do you do this? The overwhelming majority of this post is completely irrelevant to the discussion at hand. Since NGCX only applies to modern coins minted from 1982 to present, the only relevant paragraph is: First, we have to assume that your breakdown of their revenue streams is correct because I don't believe it is. But lets say for argument sake that 50% of their revenue comes from moderns. That ABSOLUTELY DOES NOT mean that they are losing the entire other 50% of their revenue. Submissions of classic US coinage are suffering SOME decline, but both the World and Ancient coin grading markets are expanding enough to more than compensate for the loss in classic US coin grading. Here is an article from earlier this year that shows that NGC & PCGS are doing just fine and than coins are leading the way. [URL='https://www.numismaticnews.net/coin-market/coins-lead-the-way-in-hobby-growth']Numismatic News: Coins Lead the Way in Hobby Growth[/URL] They don't need to scam people into resubmissions and they never have.[/QUOTE]
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NGCX a new 10 point grading scale from NGC
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