NGC Grades 25 Millionth Coin
Posted on 5/10/2012
Numismatic Guaranty Corporation (NGC), a Florida-based independent coin certification and grading company, announced today it has graded 25 million coins — becoming the first grading company to reach this milestone.
Mark Salzberg, chairman of NGC, considers this milestone a great triumph. “It’s remarkable to look back on the collections we’ve seen as we approached the 25 million coin mark,” said Salzberg. “We’re grateful to the collectors and dealers who continue to choose us as their trusted grading authority.”
Throughout its 25 years in business, NGC has been instrumental in expanding the coin industry both in the United States and abroad. The company has helped facilitate the acceptance of third-party grading and authentication internationally, and is a leader in providing comprehensive web resources, available at NGCcoin.com, that enable collectors and dealers to make more informed buying and selling decisions.
After 25 years and 25 million coins, the company’s continued growth is evident. NGC’s submissions have come from 43 different countries and include coins from 2,600 years in history. NGC graded the first Chinese coin to break $1 million at auction, the 1910 Yunnan Spring Dollar, as well as the South Africa 1898 Single 9 Pond, the Russia 1755 Pattern 20 Roubles and the Ecuador 1862 Quito GJ 50 Francos — all among the most significant and valuable World coins.
Important United States coins certified by NGC include four of the five known 1913 Liberty “V” nickels, seven of the 15 1804 dollars, two Brasher doubloons, and a number of other million dollar rarities. In 2008 NGC launched its Ancient coins division, which soon certified the “Alphaeus Master” Hadrian Sestertius that sold for more than $2 million at auction. NGC-certified coins continue to achieve record results at auctions and private treaty sales.
“This is an important milestone that we’re quite proud of, but as always we remain focused on the future of the hobby,” said Salzberg. “We’re as committed as ever to developing new services and products that protect the hobby as a whole and increase confidence among our loyal customers.”