Posted on 5/24/2010
Unbelievable … NGC just released a new grading service for coins of superior quality.
On May 25, 2010, all eligible coins submitted to NGC for grading will be reviewed for this highly touted Plus Designation (+). NGC assigns a + to coins at the high end of their assigned grade, approaching the quality requirements for the next grade. In addition to their superior technical merit, coins receiving a plus must provide a above-average eye appeal.
PLUS DESIGNATION
• Definition - NGC assigns a to coins at the high end of their assigned grade, approaching the quality requirements for the next grade. In addition to their superior technical merit, coins receiving a must have above-average eye appeal.
• Eligible coins - All US coins, 1792 to 1964.
• Applicable grades - XF 45 to MS 68, and Proof coins, PF 45 to PF 68.
• Additional service fee - None; coins submitted using grading tiers are automatically evaluated for.
NGC assigns the only ratings to United States coins issued from 1792 to 1964, and the plus Designation is available in combination with all grades from XF 45 to MS 68, inclusive. Coins submitted to NGC under applicable grading tiers including Economy, Early Bird, Gold Rush, Specialty Gold, Express and Walk Through tiers are automatically examined for and during grading, and there is absolutely no additional fee or special service request.
All coins submitted for on-site grading at trade shows and other events are also considered for the Plus Designation (+) at time of grading.
Coins already certified by NGC must be submitted for Re-Grade using one of the above-mentioned grading tiers to be evaluated for. All Cross Over submissions at applicable grading tier levels are also reviewed for during grading.
Mark Salzberg - NGC’s chairman and grading finalizer commented by stating “We have been overwhelmed by the flood of support and enthusiasm for the launch of the NGC Plus Designation. For a number of years, collectors and dealers have wanted NGC to recognize premium quality-grade coins because our unique capabilities allow us to distinguish these differences with accuracy and consistency — providing credibility and consumer confidence to this segment of the market.”
Salzberg continued, "Although we have used discriminators of premium quality internally at NGC for a number of years, the Plus Designation allows us to convey this information in a simple and straightforward way on our certification label. We listened very carefully to comments we received from throughout the numismatic community during the months that led up to this service launch, and in response we believe that we are offering our customers the best value and most-preferred services in the industry."
As a coin dealer and practicing numismatist, I am extremely pleased about this addition of the “Plus Designation (+)” and recognize NGC’s foresight and awareness to deliver this valuable designation to superior coins in this highly competitive and growing marketplace around the world. Precious Metal Advocates at www.pmacoins.com genuinely supports this move and looks forward to participating by finding, buying, certifying and selling the value of coins with this prestigious designation.
Jim Fisher, partner of Precious Metal Advocates
Showing posts with label Numismatists. Show all posts
Showing posts with label Numismatists. Show all posts
Wednesday, June 16, 2010
Monday, September 28, 2009
Jim's Making Collecting Coins Sexy and Cool
by Jim Fisher
Hello Coin Aficianados to First-Time Collectors,
I must say that over the past 22 years I have met some very eccentric and interesting people that collect coins. Each one of these avid collectors, serious numismatists, or newbies had specific coins they liked best and for very different reasons. The energy and passion they speak of these and other coins provides me great excitement to get up everyday with anticipation to hear the next story of why people love a certain coin or set of coins. Every coin utilized from the ancient times through today all have interesting stories to tell and the presence of these underlying stories of the era, and the times the coin came into existense.
I am so excited about the opportunity to share my knowledge about US Minted coins, World coins, Ancient coins, treasure coins, plus, available commerative coin sets and the rarest, scarcest coins in the world. My love for coin collecting has driven me to begin my Preferred Coin Expert blog and the creation of my business Precious Metal Advocates. It's allowing me the chance to meet and share with a great number a people how sexy and cool these coins really are and the value to begin collecting coins now. So today I will begin my historical walk through of my reveiw of the US Mint, and the highly desirable coins they have created since their creation by our government.
Let's begin our tour of some of the most beautiful coins ever created.
The first, a Fugio Cent. This coin is one of the very first coins minted by our U.S. government. It was designed by one of America's favorite founding fathers, Benjamin Franklin. The obverse featured a sundial and the sun along with the year, 1787. Also, the famous word "FUGIO" (I Fly), and the legend that said, "Mind your business". Whereas, the reverse featured 13 linked circles with the legends "we are one"and "United States". This cent is also known as the Ben Franklin Cent.
Another collector's favorite is the famous three-cent Nickel. Yes, a three cent nickel! The nickel does not necessarily mean five cents. In this case, it happens to be the type of metal used to produce this coin. This beautiful coin was minted between 1865 - 1889 and was designed by the very well known James B. Longacre.
The three cent pieces had originally been minted in silver, however there were so many people hoarding silver they decided to the mint the coin in copper and nickel. Thus, giving it the name the Three Cent Nickel.
Oh, by the way, the reason for the denomination of three cents was due to the fact that postage stamps went from two to three cents. A great historical coin to be sure.
At least three days a week I will be sharing these very informational, fun facts about our US Mint and the coins they create for our enjoyment and for commerce.
Contact myself or one of my Preferred Customer Advocates at 1-888-566-6468or email me at pmasales@pmacoins.com. I am anxiously awaiting your call to talk to numismatists, coin collectors or first time collectors around the globe about their collections, how I may help them obtain rare, scarce or specialty coins for their collections or anything else about coins. Please use my 22 years of experience as a Precious Metal Expert and the solid relationships around the globe I have developed over that time to find you buyers for your collections, provide professional appraisal services and/or buy collectibles I have for your valued purchase.
Happy Hunting,
Jim
Hello Coin Aficianados to First-Time Collectors,
I must say that over the past 22 years I have met some very eccentric and interesting people that collect coins. Each one of these avid collectors, serious numismatists, or newbies had specific coins they liked best and for very different reasons. The energy and passion they speak of these and other coins provides me great excitement to get up everyday with anticipation to hear the next story of why people love a certain coin or set of coins. Every coin utilized from the ancient times through today all have interesting stories to tell and the presence of these underlying stories of the era, and the times the coin came into existense.
I am so excited about the opportunity to share my knowledge about US Minted coins, World coins, Ancient coins, treasure coins, plus, available commerative coin sets and the rarest, scarcest coins in the world. My love for coin collecting has driven me to begin my Preferred Coin Expert blog and the creation of my business Precious Metal Advocates. It's allowing me the chance to meet and share with a great number a people how sexy and cool these coins really are and the value to begin collecting coins now. So today I will begin my historical walk through of my reveiw of the US Mint, and the highly desirable coins they have created since their creation by our government.
Let's begin our tour of some of the most beautiful coins ever created.
The first, a Fugio Cent. This coin is one of the very first coins minted by our U.S. government. It was designed by one of America's favorite founding fathers, Benjamin Franklin. The obverse featured a sundial and the sun along with the year, 1787. Also, the famous word "FUGIO" (I Fly), and the legend that said, "Mind your business". Whereas, the reverse featured 13 linked circles with the legends "we are one"and "United States". This cent is also known as the Ben Franklin Cent.
Another collector's favorite is the famous three-cent Nickel. Yes, a three cent nickel! The nickel does not necessarily mean five cents. In this case, it happens to be the type of metal used to produce this coin. This beautiful coin was minted between 1865 - 1889 and was designed by the very well known James B. Longacre.
The three cent pieces had originally been minted in silver, however there were so many people hoarding silver they decided to the mint the coin in copper and nickel. Thus, giving it the name the Three Cent Nickel.
Oh, by the way, the reason for the denomination of three cents was due to the fact that postage stamps went from two to three cents. A great historical coin to be sure.
At least three days a week I will be sharing these very informational, fun facts about our US Mint and the coins they create for our enjoyment and for commerce.
Contact myself or one of my Preferred Customer Advocates at 1-888-566-6468or email me at pmasales@pmacoins.com. I am anxiously awaiting your call to talk to numismatists, coin collectors or first time collectors around the globe about their collections, how I may help them obtain rare, scarce or specialty coins for their collections or anything else about coins. Please use my 22 years of experience as a Precious Metal Expert and the solid relationships around the globe I have developed over that time to find you buyers for your collections, provide professional appraisal services and/or buy collectibles I have for your valued purchase.
Happy Hunting,
Jim
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