
NGC Expands Star Designation to World Coins
Written by: Max Spiegel
Numismatic Guaranty Corporation® (NGC®) has announced that world coins will be eligible for its popular NGC Star Designation® starting February 1. The NGC Star Designation identifies coins with exceptional eye appeal, including vibrant, colorful toning or intense luster.
Eye appeal is considered to be a coin's most subjective attribute,
but the introduction of the NGC Star Designation in 2000 has
significantly helped to standardize its definition. A registered
trademark of NGC, the highly coveted NGC Star Designation
distinguishes coins with exceptional eye appeal from those of the
same technical grade.
With the growth in the world coin market in recent years, NGC has seen increasing demand for an impartially assigned identifier of exceptional eye appeal for all coins.
"The NGC Star Designation has become the industry's premier
recognition of exceptional eye appeal for United States coins,"
said Mark Salzberg, chairman of NGC. "After considerable feedback
from collectors and dealers we will expand the NGC Star Designation
to include world coins.
NGC applies the to qualifying coins in its normal course of grading except for coins graded MS 70 and PF 70 because they are already at the ultimate grade. Coins already certified by NGC can be resubmitted and reviewed for using the Designation Review service.
The NGC Star Designation population figures are reported in the online NGC Census, updated weekly. Coins with the NGC Star Designation receive a score premium in the NGC Registry.
For more information about the NGC Star Designation, click on
"Grading Scale & Designations" under the Coin Grading menu on
www.NGCcoin.com.
Comments
user_7180
Level 5
Nice article. I was not aware of these attributes. Thanks.
Mike
Level 7
Thanks for that blog. You know we talk about coins being underrated. The truth is you guys are. Why more people don't read your blogs is beyond me. I like all the good information. Thanks to all you people.