Search results
NGC uses the internationally accepted Sheldon grading scale of 1 to 70, which was first used in the United States in the late 1940s. This scale was adopted by NGC when it began operations in 1987 and is considered to be the industry standard. Below are NGC's grading standards for each numeric grade as well as major strike types and designations.
- What is an Adjectival Grade
Before the advent of the Sheldon Grading Scale of 1 to 70,...
- About NGC Grades
NGC grades US and world coins, tokens and medals according...
- What is an Adjectival Grade
NGC grades US and world coins, tokens and medals according to the internationally recognized Sheldon scale of 1 to 70. Certain coins, tokens and medals are ineligible for numeric grading due to a surface problem (such as scratches, cleaning or damage). These coins may be eligible for NGC Details grading. NGC Grading Scale NGC Details Grading
NGC will continue to use the 70-point scale for regular submissions. There is no difference in quality between a grade on the NGCX 10-point grading scale and a grade on the 70-point scale. On the NGCX scale, 10 is the supreme grade, equivalent to a 70 on the traditional scale. The subsequent grades cascade from 10, a criterion understood by all.
- NGCX
- Key Questions
- A Universal Language
- NGC Responds
- Conclusion
And on November 16, NGC announced the launch of NGCX– a new, 10-point grading scale for modern coins (those issued since 1982) that intentionally resembles the current system for grading other collectibles like comic books and sports cards. NGC says the point of the new scale is not to replace the 70-point Sheldon scale that was introduced in the 1...
But the new system also raises some important questions: Will it be widely accepted by collectors and by the market? Will it create confusion to have different grading scales? What are the benefits of the new scale for the grading of coins? And does it address, or impact, issues often raised by collectors about modern graded coins such as substanti...
The reason NGC thinks this particular new system will work where others have not is that, as NGC Chairman Mark Salzberg told Charles Morgan in a recent interview, the 10-point scale is “a universal language” for all those collectors of sports cards and other collectibles. The main motivation for the new system appears to be expanding the market for...
To clarify some of the points raised by this discussion, I reached out to Max Spiegel, President of Certified Collectibles Group (CCG), NGC’s parent company, who provided some useful clarifications and other information on December 1 about NGCX: Louis Golino: First, was the year 1982 selected as the starting point for modern coins because that is w...
As it is currently construed, NGCX is one of NGC’s specialty services that should help expand the market for modern coins through a simplification of the grading scale rather than a revolutionary grading system that will upend the current state of affairs in numismatics. But as it evolves over time and possibly gets extended to earlier issues, it w...
- Louis Golino
Nov 17, 2022 · 67. Numismatic Guaranty Company (NGC) is excited to introduce NGCX, the first 10-point grading scale for coins. The 10-point grading scale has long been the standard for most collectibles ...
May 23, 2024 · The NGC Grading Scale. The NGC grading scale is a 70-point system that evaluates the condition and quality of coins. This scale, originally developed by Dr. William Sheldon in 1949 for U.S. large cents, has been adapted and refined by NGC for all coin types. Here’s a breakdown of the NGC grading scale: – Poor (P-1): Barely identifiable and ...
People also ask
What is the NGC grading scale?
What is the NGC grading standard for coins?
What is ngcx grading?
Is 10 a good grade on the ngcx scale?
Why is NGC grading important?
What is NGC MS 64 grading?
NGC employs the internationally recognized Sheldon grading scale of 1 to 70. Coins with surface conditions that preclude a numeric grade are assigned an NGC Details grade with the problem noted. Every coin is assessed by multiple members of NGC’s professional grading team to determine authenticity, grade and attribution.