Coin Community Family of Web Sites
Vancouvers #1 Coin and Paper Money Dealer Ken's Numismatic eBay Store US and World Coins, Bullion, and Exonumia. Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Specializing in Modern Numismatics
Subscribe to our Youtube Channel! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

So What Do You Think Of NGCx?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 23 / Views: 1,181Next Topic
Page: of 2
Pillar of the Community
Marve65's Avatar
United States
4629 Posts
 Posted 11/24/2024  01:05 am  Show Profile   Bookmark this reply Add Marve65 to your friends list Get a Link to this Reply

Quote:
It was a 1909s Lincoln Cent in an NGCx slab that said 1909s Indian cent.

Oh,
Pillar of the Community
Learn More...
cptbilly's Avatar
United States
1289 Posts
 Posted 11/24/2024  09:43 am  Show Profile   Bookmark this reply Add cptbilly to your friends list Get a Link to this Reply
Have seen ASE's with the NGCx slabs here and there on ebay. If I was looking to buy a particular coin and found it available in either an "NGCx 10" or an "NGC MS70", I would take a pass on the "x" version.

@datadragon: Thank you for the analysis.
Pillar of the Community
Learn More...
BStrauss3's Avatar
United States
4326 Posts
 Posted 11/24/2024  10:16 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
triggersmob recall the origin of the Sheldon scale.

It was not a general-purpose grading scale; it was based on the relative pricing of a single variety: If a coin in the basal, poorest recognizable state was worth one unit, a coin in Fair was worth two units, a coin in Good was worth 4, etc.
-----Burton
50 year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, OnLine Coin Club
Owned by four cats and a wife of 40 years (joined 1983)
Valued Member
smauggie's Avatar
United States
271 Posts
 Posted 11/24/2024  6:26 pm  Show Profile   Bookmark this reply Add smauggie to your friends list Get a Link to this Reply
Not a fan. The Sheldon scale is what numismatists are used to.
Moderator
Learn More...
jbuck's Avatar
United States
157722 Posts
 Posted 11/25/2024  10:57 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
It is way too late to try this now. The 10-point scale is something they should have used in the very beginning, not forty years later. Back then, they could have just mapped the ten points to the named grades (poor, fair, about good, good, very good, fine, very fine, extremely fine, about uncirculated, uncirculated) and everyone would be used to it by now.
Pillar of the Community
Bump111's Avatar
United States
3113 Posts
 Posted 11/25/2024  11:50 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I suppose there could be value in a 10-point scale when you are describing MS coins, but once you fall below those tiers, the 10-point scale is overkill. I will stick with what I know - the Sheldon scale.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Moderator
Learn More...
jbuck's Avatar
United States
157722 Posts
 Posted 11/25/2024  12:04 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I will stick with what I know - the Sheldon scale.
Yup. Like I said, forty years too late to try to change it now.
Pillar of the Community
datadragon's Avatar
United States
1646 Posts
 Posted 11/25/2024  1:20 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
Yup. Like I said, forty years too late to try to change it now.

Hi JBuck.... Yes but as in my reply above the 70-point grading scale for coins isn't going anywhere, same as always submitting to NGC. Rather, NGC simply recognized an opportunity to bring in possible new collectors to the hobby (more approachable to more people) - NGCX makes it easier than ever for collectors of comics, trading cards, sports cards and other collectibles graded on a 10-point scale to expand their interest potentially over to coins. Most collectors of other tangible assets like cards and comics are already familiar with the 10-point Scale which is why it was attempted to use that vs a more techy 70 point scale. The Scale is more intuitive for many people and simplifies transitioning to coins. The new Scale should invite new people into the market, increasing the demand for coins. Remember these are being used mainly by dealers/partners and not general collectors like on this forum submitting them to NGCX so it wasnt intended to replace the other scale.
  Previous TopicReplies: 23 / Views: 1,181Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2025 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2025 Coin Community Forums
It took 0.33 seconds to rattle this change. Forums