New NGC Holder Enters Next Phase of Release
Posted on 10/9/2008
The next generation of the NGC coin holder, featuring enhanced security features, is scheduled for wide-scale release beginning Wednesday, October 1, 2008. Since late-August, this holder has been used for select World coin and WalkThrough submissions. Following its very successful month-long initial release, the new holder exterior will now be used for all submissions.
While the new exterior and new label will be used for all submissions, the EdgeView® Holder, which enables viewing of a coin’s edge, will be used only for US WalkThrough and US Express Tier submissions and all World Tier submissions. At NGC’s discretion, it will be used on additional grading tiers. While the EdgeView® Holder is set for full-scale release, in the interim, the standard NGC format holder interior will be used with high-security outer casing and label.
In order to maintain turnaround times, is not possible to make special requests for specific holders and the previous generation of NGC holder will no longer be available effective October 1, 2008.
"Our service commitment is to encapsulate coins in the most secure holder, made from the best materials available," comments NGC CEO, Steve Eichenbaum. “This iterative release schedule allows us to expand the availability of the best holder in the most expedient and responsible way,” continues Eichenbaum.
The NGC holder is made from the same materials used in the NGC-developed museum holder created for the Smithsonian Institution. The Smithsonian Institution conducted its own independent tests of the holder, which today is used to house the 200 most valuable coins in its collection. State-of-the-art holography has been incorporated into holograms both on the label and fused onto the holder’s exterior, and directional pressure welding is used to seal the holder cleanly and completely. More information about NGC’s newest generation holder can be found online at www.ngccoin.com/newholder.