NGC has made an important change to their VarietyPlus service by introducing a new attribution system for die varieties.
One of the valuable services offered by NGC is the attribution of coin varieties.
By varieties, we mean coins which differ from their basic design type in some distinctive
way and are thus differentiated by collectors. Advanced collectors have already
begun to notice subtle changes in VarietyPlus, NGC's coin variety attribution program.
Starting in October 2006, NGC will introduce a new attribution system for die varieties.
NGC will immediately begin attributing coins by VarietyPlus number, noted with a
VP on the NGC certification label. This new attribution system is the culmination
of two years of work by NGC researchers and attributors. By relying on the considerable
experience of the NGC attribution team, a streamlined and improved catalog of varieties
has been created, encompassing the most widely collected and desirable die varieties.
By the end of November 2006, a comprehensive guide to VarietyPlus will be made available
for free on NGC's Web site, with a print edition to follow in 2007. Since a procedure
has been designed to recognize varieties which were previously not attributed by
NGC, the online edition will be updated and expanded regularly. This revision to
VarietyPlus will allow the catalog to immediately grow and respond to important
NGC's Director of Research, David W. Lange, has led the company's variety attribution
program and is enthusiastic about this new direction: "NGC's VarietyPlus service
was first launched ten years ago, and it has now matured to the point where we are
able to understand more fully which varieties are significant to the hobby in the
long run. The creation of a VarietyPlus numbering system is the synthesis of everything
we've learned through both firsthand experience and talking to our customers about
VP numbers will not be used in place of many of the varieties currently recognized
and much of the VarietyPlus program will, in fact, remain the same. NGC will continue
to attribute the following varieties:
- Half cents by Cohen numbers
- Large cents by Sheldon (1793-1814) and Newcomb (1816-57) numbers
- Half dimes (1794-1837) by Logan-McCloskey numbers
- Dimes (1796-1837) by John Reich numbers
- Quarter dollars (1796-1838) by Browning numbers
- Half dollars (1794-1836) by Overton numbers
- Silver dollars (1794-1804) by Bowers-Borckardt and Bolender numbers
- Silver dollars (1878-1935) by VAM numbers (8TF, 7/8TF, TOP-100, HOT-50, TOP-50,
and a handful of other select varieties only)
- Redbook varieties
Under the new guidelines of VarietyPlus, NGC will no longer attribute die varieties
by FS number, as assigned in The Cherrypickers' Guide. Additionally, VP numbers
will be assigned to many coins not previously recognized by NGC.
To receive a variety attribution with uncertified coins being submitted for grading,
simply choose VarietyPlus on your submission form, fill in the Variety column for
that line with the type of variety you're seeking (Overton, VAM, VP, etc.) or, if
known, the exact variety number. Either way, NGC will examine your coin and enter
the correct variety attribution on its grading label. A $7 fee is charged for this
service in addition to the regular fee for the grading tier you've selected.
In the case of coins already graded and encapsulated by NGC, you may have the correct
variety attribution added by submitting the encapsulated coin under our Designation
Review service. The fee for Designation Review is $10.
Future announcements are forthcoming, and we invite collectors to send questions
or comments directly to VarietyPlus@ngccoin.com