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NGCX a new 10 point grading scale from NGC
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<p>[QUOTE="Kasia, post: 8999936, member: 31533"]Why would I want an entombed coin to say MS10 when I could have it say MS70? Numerically, 10 for coin collecting is very low (VG-10). Sorry, but that's not my idea of a good idea, especially since many coin collectors are engrained in understanding the Sheldon scale and ok with using it, as it describes wear. </p><p><br /></p><p>Seems to me 1) this NGC thing describes not wear but 'imperfections' (which of course the MS 60-70 scale does also, since there is no "wear" on an uncirculated coin) and is some sort of marketing idea that some body decided was soooooooooooooooo good because they need a new 'thing' to entice collectors to want the slab value more than the coin value (sort of like the labels they did just to get people to want to have things...first, signed, blah blah blah). And 2) this will possibly be a play to have people buy these for neatness and then when the idea fails, send the coin in again to be reholdered in a MS70 (or 69, whatever) slab. Could be wrong, but I see failure on their part, especially if numismatists and coin clubs actually educate their new numismatists that having another separate scale for cuteness isn't how the hobby works.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 8999936, member: 31533"]Why would I want an entombed coin to say MS10 when I could have it say MS70? Numerically, 10 for coin collecting is very low (VG-10). Sorry, but that's not my idea of a good idea, especially since many coin collectors are engrained in understanding the Sheldon scale and ok with using it, as it describes wear. Seems to me 1) this NGC thing describes not wear but 'imperfections' (which of course the MS 60-70 scale does also, since there is no "wear" on an uncirculated coin) and is some sort of marketing idea that some body decided was soooooooooooooooo good because they need a new 'thing' to entice collectors to want the slab value more than the coin value (sort of like the labels they did just to get people to want to have things...first, signed, blah blah blah). And 2) this will possibly be a play to have people buy these for neatness and then when the idea fails, send the coin in again to be reholdered in a MS70 (or 69, whatever) slab. Could be wrong, but I see failure on their part, especially if numismatists and coin clubs actually educate their new numismatists that having another separate scale for cuteness isn't how the hobby works.[/QUOTE]
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