NGC Adds Important New Designations
Posted on 3/1/2003
Numismatic Guaranty Corporation is now applying the designations PL for Prooflike and DPL for Deep Prooflike to all United States and world coins that merit them. This service goes into effect immediately. Soon to be adopted is the designation FB for Full Bands, which will be applied to Roosevelt Dimes. NGC will begin certifying FB Roosevelt Dimes April 14, 2003.
NGC has been using the designations PL and DPL for some years with selected United States coin types, notably Morgan Dollars and many silver commemoratives, More recently, it has been applied to qualifying statehood quarters and Sacagawea Dollars. NGC's customers have called attention to the fact that other coin types sometimes feature Prooflike or even Deep Prooflike fields, and these qualities will now be acknowledged for all USA and world coins.
The designation FB for Full Bands will be applied to Roosevelt Dimes having both upper and lower pair of horizontal bands split with no major interruptions in the split. The FB designation will not apply to proof coins. Addition of the FB designation comes at the overwhelming request from NGC's collector and dealer base.
These designations will be included when applicable
during the normal course of grading, and no special
fee or service is required when submitting uncertified
coins to NGC. For those having coins already certified
by NGC and that may qualify for the PL or DPL designations,
these may be submitted for review of their status under
NGC's Designation Review service at a fee of $10. This
includes the cost of reholdering the coin. Coins holdered
by other companies may be submitted to NGC under its
Crossover Service, and their PL or DPL status will be
evaluated in the course of grading the coins. These
same conditions will apply to Roosevelt Dimes submitted
for the FB designation when this service begins April