NGC Certifies 10,000,000 Silver Eagles
Posted on 9/4/2019
Numismatic Guaranty Corporation (NGC) has announced that it has certified more than 10,000,000 American Silver Eagles. It is the first third-party grading service to reach this incredible milestone.
The American Silver Eagle, the official silver bullion coin of the United States, is possibly the most widely collected coin in the world today. More than 530 million have been struck since 1986.
Collector interest in these coins has prompted the US Mint to strike versions in different finishes, including Mint State, Burnished Mint State, Specimen Enhanced Finish, Proof, Reverse Proof and Enhanced Reverse Proof. American Silver Eagles have also been struck at three of the four US Mint facilities currently in operation: Philadelphia, San Francisco and West Point. (None have been struck at Denver as of this date.)
For years NGC has been at the forefront of American Silver Eagle certification and collecting. It has developed and promoted a number of innovative encapsulation options including NGC Authentic Hand-Signed Labels. Among the people to sign labels for NGC is John Mercanti, the 12th US Mint Chief Engraver and designer of the reverse of the American Silver Eagle.
Other NGC programs for American Silver Eagles include its popular First Day of Issue, Early Releases and First Releases designations, NGC Color Cores and NGC Custom Core™ designs. These special encapsulation options enhance the presentation of coins and appeal to a wide range of collectors.
After NGC passed the 10,000,000 Silver Eagles certified mark some of the world’s most respected and influential professional numismatists offered their congratulations.
Bill Gale, President of Asset Marketing Services, said: "I have collected and sold coins for over 40 years — the number of coins graded says it all! Collectors have trusted and found real value in NGC certification. As an Authorized Dealer for NGC, I'm proud to be able to provide high-quality NGC coins to collectors around the world!"
Lee Minshull, President of Minshull Trading, said: "This incredible achievement is a testament to NGC’s superior overall product and market presence. Our customers are passionate about their Silver Eagles and demand an attractive presentation with their labels and holders. NGC continuously delivers that for us efficiently and at the highest quality. We use NGC almost exclusively for all the Silver Eagles we sell. They provide added value, protection and extraordinary service again and again – 10,000,000 times over."
Paul Minshull, Chief Operating Officer of Heritage Auctions, said: “The consistency and accuracy of NGC’s grading, and its commitment to standing behind their products have helped attract legions of new collectors into a hobby that is now far safer, more transparent and more technologically advanced than ever before.”
Vincent Wade, President of Pinehurst Coins, added: “Collectors appreciate the value, security and beauty of the American Silver Eagle. All of these attributes are enhanced by NGC’s attractive special labels and holders as well as NGC’s comprehensive guarantee of authenticity and grade.”
American Silver Eagles is the most popular category of the NGC Registry, a free online platform where collectors register and display their NGC-certified coins. There are currently more the 5,800 American Silver Eagle sets in the NGC Registry, which can be found at NGCcoin.com/Registry.
"NGC's industry-leading certification services for American Silver Eagles and other coins have introduced countless new collectors to the hobby," says Mark Salzberg, NGC Chairman and Grading Finalizer. "We are honored and humbled to be trusted by so many collectors and dealers."
The NGC Census reports current population statistics for NGC-certified American Silver Eagles, helping collectors to understand relative rarity. For example, collectors can see that NGC has certified just 593 1995-W American Silver Eagles in PF 70 Ultra Cameo compared to 78,899 2016-W American Silver Eagles in PF 70 Ultra Cameo (as of August 13, 2019). The NGC Census is available for free at NGCcoin.com/Census.
NGC is the hobby’s preferred third-party grading service for modern US coins by far. In addition to 10,000,000 American Silver Eagles, NGC has certified more than 1,500,000 American Gold Eagles, nearly 250,000 American Platinum Eagles, nearly 400,000 American Gold Buffaloes and nearly 1,000,000 modern US commemorative coins. For more information about NGC and its innovative holders and labels, visit NGCcoin.com.
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