NGC Details-graded Coins to Receive Standard Labels; Guarantee Expanded
Posted on 12/26/2017
NGC will encapsulate NGC Details-graded coins with its standard labels if received on or after Jan. 2, 2018. In addition, the NGC Guarantee, which previously covered only the authenticity of NGC Details-graded coins, will be expanded to cover both the authenticity and grade of NGC Details-graded coins.
NGC assigns adjectival NGC Details grades (such as XF Details or AU Details) to coins that have certain surface conditions (such as cleaning or damage) that preclude a precise numeric grade on the Sheldon scale of 1 to 70. The NGC Details grade is printed on the NGC certification label along with a description of the surface issue.
Previously, coins that received an NGC Details grade were encapsulated with a purple NGC Details label. These coins will now be encapsulated with the NGC standard brown label by default or with any eligible NGC special label by request.
Note: Coins received by NGC prior to January 2, 2018, that receive an NGC Details grade will be encapsulated with the purple NGC Details label.
|NGC Details-graded coins will now be encapsulated with the NGC standard brown label.|
The NGC Guarantee will now cover both the authenticity and grade of NGC Details-graded coins, including ones previously encapsulated with the purple NGC Details label. NGC guarantees that all NGC-certified US and world coins are genuine and not overgraded. Read the NGC Guarantee at NGCcoin.com/Guarantee
These changes reflect the growing importance and marketplace acceptance of NGC Details-graded coins. As the range of coins certified by NGC has expanded to include earlier issues, NGC Details grades have become more common. In fact, in many cases, NGC Details-graded coins may be the only examples available. They also often present a more affordable option for collectors to acquire a key date.
In conjunction with these changes, NGC will replace the “Improperly Cleaned” and “Surface Hairlines” notations with the simpler notation “Cleaned.”
Coins currently encapsulated with a purple NGC Details label may be re-encapsulated with the standard NGC brown label under NGC’s ReHolder service. All ReHolders of NGC Details-graded coins will automatically receive the standard NGC brown label if received on or after Jan. 2, 2018. For a list of NGC Services and Fees, visit NGCcoin.com/Services
To learn more about NGC Details grading, visit NGCcoin.com/Details