• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Archived

This topic is now archived and is closed to further replies.

NGC Gem Uncirculated vs. MS or PF grading

Started by bnsfhobo-migration,

8 posts in this topic

bnsfhobo-migration

bnsfhobo-migration

Posted
Posted

Hey all,

 

I am new to this, so learning is my thing right now. I recently got a NGC slabbed coin which is Gem Uncirculated versus a PF or MS grading. Can someone tell me the difference other than the fact the Gem Uncirculated gets no points in the registery.

Thanks for any assistance.

 

Hugh in OKC

Link to comment
Share on other sites
RareSov

RareSov

Posted
Posted

Pretty sure this was just a label for some dealers. Their customers didn't understand the point system.. something along those lines

 

Link to comment
Share on other sites
Guest Joiseygirl

Guest Joiseygirl

Posted
Posted

bnsfhobo,

 

For the purposes of the NGC Registry, a coin graded as 'Gem Uncirculated' would be translated as an MS65. When you try to register this coin it will fail because it has not been assigned a numeric grade. However, I would subsequently process it as an MS65.

 

I hope this information is helpful.

 

Thank you,

 

Amy T. Lorenzo

'Joiseygirl'

Link to comment
Share on other sites
bnsfhobo-migration

bnsfhobo-migration

Posted
  • Author
Posted

Hey Amy,

 

Thanks for the fast response. Does this mean I would need to resubmit the coin to get it graded? Why would they grade it as Gem Uncirculated instead of giving it the MS65 grading? Hope these aren't stupid questions. I appreciate your help.

 

Hugh in OKC

 

 

Link to comment
Share on other sites
Schatzy

Schatzy

Posted
Posted

Hugh,

 

When a dealer submitts coins the dealer can request that all coins that don't meet

the MS66 grade or above get slabbed in Gem Unc holders. Often times a Gem

Unc holder will sell for more than the graded holder. Amy said she will register

your coin as MS65. Yes you would need to get it regraded to get the MS65 put

onto the label.

Link to comment
Share on other sites
Guest Joiseygirl

Guest Joiseygirl

Posted
Posted

bnsfhobo,

 

For the purposes of the Registry it is not necessary for you to resubmit this coin for Regrade. However, I would recommend you do if you want a numeric grade assigned.

 

Thank you,

 

Amy T. Lorenzo

'Joiseygirl'

Link to comment
Share on other sites
Go to topic listing