6 November 2009
The London Coin Company have provided a list of the Official Numismatic Grading Corporation - NGC Grades for slabbed coins to help our customers understand the American Grading System. We hope you find it useful.
WHO ARE NGC:
NGC was founded in 1987, and for coin grading, its opening heralded the introduction of a new standard of integrity.
From the beginning NGC focused on only one objective, a standard of consitent and accurate grading. As NGC has grown to become the leader in third party grading services, we have maintained a steadfast and uncompromising commitment to this standard. The knowledge integrity and dedication of NGC's team of grading experts ensures you a level of grading consstency unparalled among grading services. This record of consistency, built over the years, has helped to foster greater stability throughout the rare coin marketplace.
To ensure impartiality and accuracy, three numasmatic experts, each with decades of successful professional experience in rare coins, evaluate each coin submitted for grading. A grading finalizer assigns a final grade and the coin is then sonically sealed in a protective, inert plastic holder. NGC's full-time grading experts are no longer active in the commercial coin marketplace, and are prohibited from buying or selling coins to ensure impartiality. Most have been with NGC for many years. The NGC grading team's only interest is in determining accurate grades of coins.
At NGC they pride themselves on uncompromising standards and a commitment to integrity that makes them the leader in coin certification.
PREFIX Numerical Grade Adjectival Description
MS 60 - 70 Mint State (Uncirculated)
AU - 50, 53, 55, 58 About Uncirculated
XF - 40, 45 Extremely Fine
VF - 20, 25, 30, 35 Very Fine
F 12, 15 Fine
VG 8, 10 Very Good
G 4, 6 Good
AG 3 About Good
FA 2 Fair
PR 1 Poor
Proof issues incorporate the same grades. Proof coins will be so noted with the use of the prefix PF for all grades 1 through 70. Less commonly, but where appropriate, coins displaying proof characteristics indicative of special handling that are not true proofs are described with the grade prefix PL, prooflike, or SP, specimen.
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