Effective immediately, Numismatic Guaranty Corporation will no longer apply the "W" designation to its certified coins.
Effective immediately, Numismatic Guaranty Corporation
will no longer apply the "W" designation to
its certified coins. This letter was used to indicate
that a silver or nickel coin was entirely untoned, and
its application was limited to certain modern series.
The reason for ending its use is simply that the marketplace
doesn't see a great need for this designation. It was
introduced by NGC about 2-1/2 years ago at the suggestion
of some dealers and collectors who wished to distinguish
between toned and untoned coins. A recent re-evaluation
of this designation by NGC suggests that it has had
minimal impact on the coin market.
NGC has always been an innovator in the field of coin
grading, and we will continue to weigh the merits of
current and proposed designations as the need arises.
Owners of NGC-certified coins who wish to have a "W"
designation removed may submit such coins in their holders
for our Reholder service at $4 per coin.
Any questions regarding the designations appearing
on NGC-certified coins may be directed to our Customer
Service Department at 800-NGC-COIN or [email protected]