What is a star? Read below to find out and then post your own! If anyone has more info to add, including any history, please feel free to share! In the simplest terms: "NGC assigns its trademarked Star Designation to coins with exceptional eye appeal for their assigned grade" This "exceptional eye appeal" usually breaks down into three major categories. 1. Toning (vibrant, colorful, etc)...can be very subjective 2. Intense luster or Proof-like qualities for business strikes (this includes coins that are proof-like on only one side or a coin already graded PL that is DMPL on the other side) 3. Cameo contrast for proof coins (this will usually mean coins that are cameo on only one side or a coin already designated as CAM that is DCAM on the other side) NGC also adds that "to receive a [star], coins must be free of any obvious planchet irregularities, and display no bothersome spots or blemishes. Toned coins can be of a single color or multicolored but cannot have any areas that are dark brown, approaching black." And a brief timeline (dates mainly based on NGC press releases): ~2001: Sources* that I find say the STAR began 2001-2/26/2002: Mint State (not proof) examples of the following become eligible for the Star: Jefferson Nickels, Roosevelt Dimes, Washington Quarters, Franklin Half Dollars, Kennedy Half Dollars, Eisenhower Dollars and Anthony Dollars. 2/27/2002: Proof coins from 1936 to 1978 eligible 3/12/2002: Morgan and Peace Dollars eligible 4/8/2002: Silver Commemoratives of the 1892-1954 era eligible 6/18/2002: NGC expanded the Star designation to all US coins 6/6/2005: NGC announces that it has graded the Battle Creek Collection...one of the most famous hoards of colorfully toned Morgans (many received Stars). 1/15/2008: NGC expanded its Star to all grades of US coins up to MS 69/PF 69. Before the Star only applies to grades between MS 63/PF 63 and MS 69/PF 69. 2/1/2014: World coins become eligible * = https://www.ngccoin.com/news/article/332/
And a picture: Sources for the items in the timeline above (in chronological order): https://www.ngccoin.com/news/article/39/NGCs-Star-Designation/ https://www.ngccoin.com/news/article/53/ https://www.ngccoin.com/news/article/58/ https://www.ngccoin.com/news/article/66/ https://www.ngccoin.com/news/article/272/ https://www.ngccoin.com/news/article/957/ https://coinweek.com/education/coin-grading/ngc/ngc-expands-star-designation-world-coins/
I've handled quite a few morgans and never had one jump out at me like this one did. Found it sorting through a box of coins at a new coin shop 6 months back and instantly threw the dealer my wallet. It could get a star for like 3 different reasons.
I've never had an NGC "star" rated coin before. I think this one deserved it, but didn't get one. (It did, however, get the highest achievable grade in all other categories, so I can't complain.) Ancient Greece (Kingdom of Macedon): silver "Mercenaries" drachm of King Perseus, ca. 175-170 BC (NGC Ch MS; Strike 5/5, Surface 5/5) PS- I love the Barber dime @ToughCOINS posted. Nice Morgans, too. Indeed, I never have seen an MS60 "star" before. That's neat.
@lordmarcovan that is a very nice example! I have seen NGC give stars to Ancients, but don't know when they started. Would you know?
I think NGC has put stars on ancients from the beginning of the NGC Ancients program, but I'm not certain. @Zohar444 has a whole constellation of stars on NGC Ancients holders- he might know. (In fact, I think he has more "star" coins than unstarred ones!)
Minor correction: NGC was awarded the contract to grade the Battle Creek Collection because it agreed to award *every single coin* the Star. That is one reason that the BC grading is somewhat controversial.
Indeed. That sounds deserving of controversy to me, and slightly cheapens their "star" standards in my eyes. But on the other hand, it always was a rather arbitrary thing, and since the "star" is based entirely NGC's opinion and even less by any published set of standards like regular Sheldon scale grades are, it's their prerogative to slap a star on anything they see fit. And there have been (a few) times I've definitely disagreed.
I was a little ambiguous in my original statement. I meant to say that every Battle Creek Morgan that was an MS 63 or higher received a star. Those under 63 were placed into holders that had Brilliant Uncirculated and no grade (since NGC didn’t use stars for grades under 63 at that point). And I have noticed quite a few that don’t really deserve a star, so you are correct in saying the decision was controversial.