NGC has designed a special holder for the upcoming Presidential $1 Coin Series — and is also offering a special FIRST DAY OF ISSUE designation!
rendering shows a George Washington Presidential $1 Coin encapsulated in the EdgeView
Holder™ with NGC's Presidential Coin label. This holder and label are available
for the new coin, and allow viewing of the encapsulated coin's edge. Click image
NGC announces the release of the EdgeView Holder™, a new holder which suspends
a coin within prongs to enable viewing of its edge. This holder is made from the
same high-quality inert materials as the standard NGC holder, with the addition
of four small cutaway windows that surround the coin.
NGC will use the EdgeView Holder™ for the encapsulation and grading of the
U.S. Mint's Presidential $1 Coins, which feature images of U.S. Presidents in the
order that they served, beginning with Washington, Adams, Jefferson, and Madison
in 2007. These coins also feature edge-incused inscriptions of the year of minting
or issuance, the mintmark, "E Pluribus Unum," and the motto "In God We Trust." Because
critical information relevant to their attribution and identification is found on
the coins' edges, NGC has elected to use the EdgeView Holder™ which enables
clear viewing of a coin's edge.
All Presidential $1 Coins submitted to NGC will automatically be encapsulated in
an EdgeView Holder™ at no additional charge. The EdgeView Holder™ will
be used exclusively by NGC for the encapsulation and grading of Presidential $1
Coins, and will not be available for other coin types at this time. Furthermore,
NGC will encapsulate Presidential $1 Coins with a patriotic red, white, and blue
label displaying images of four presidents on a blue background. A vibrant red bar
across the bottom of the label includes the words NUMISMATIC GUARANTY CORPORATION.
A special designation, FIRST DAY OF ISSUE, will be available for coins released
on the official release date. To qualify, coins must be received by NGC on the official
release date or by overnight mail or air carrier on the day immediately following
the official release date. The first coin of the Presidential $1 Coin series, George
Washington, goes into circulation on February 15, 2007, and to qualify for the FIRST
DAY OF ISSUE designation, coins must be received by NGC no later than February 16,
NGC requests that Presidential $1 Coins be submitted on their own submission
form, separate from other coin types, to ensure prompt handling. The Presidential
$1 Coins are eligible for grading under NGC's Modern tier for U.S. coins minted
from 1955 to date. Submitters requesting the FIRST DAY OF ISSUE designation should
submit using the Modern Special tier.
"We developed EdgeView to meet the specific demands of this coinage. We applaud
the novel approach taken by the U.S. Mint in developing this coin series, and we're
similarly committed to meeting the needs of collectors through innovation and new
holder design," comments NGC Chairman Mark Salzberg.
The development of the EdgeView Holder™ continues NGC's role as a leader and
innovator in rare coin certification and encapsulation. In 2001, NGC first introduced
its coveted Star Designation for coins with superior eye appeal. In mid-2002, NGC
released the popular Multi-Coin Holder, which provides collectors with the option
to have a set of up to six certified coins encapsulated within one holder. And in
early 2003, NGC extended the Prooflike (PL) and Deep Prooflike (DPL) designations
to business strike coins of all series.