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Phenomenal Simpson Collection of United States Pattern Coins Helps NGC Launch Plus Designation

Many of the coins from this superb collection have received NGC’s new Plus Designation.

Followers of the numismatic scene have already learned of the fabulous Simpson Collection of United States pattern coins, but one remarkable numismatist is a connoisseur of other series, as well. He possesses superb holdings of nearly all United States coin series spanning the period from the 1830s to the 1930s, most of which have been graded and certified by NGC.

Many Simpson Collection coins have received the new Plus () Designation from NGC. Launched on May 25, 2010, the is used to identify coins at the high end of their assigned grade, approaching the quality requirements for the next grade. This new NGC service offering is heralded with the placement of the important Simpson Collection coins on the NGC Registry. Now updated to accommodate graded coins, the NGC Registry is the go-to place to find the rarest and most beautiful coins from around the world. The addition of the Simpson Collection sets only confirms this trend, and users of the NGC Registry will be able to view these remarkable coins for themselves in glorious color.

Texan Bob Simpson is the ultimate numismatic connoisseur, desiring only those coins that meet his exacting standards. He knows what he wants, and nothing less will do. Facilitating his efforts is his longtime numismatic consultant, Laura Sperber of Legend Numismatics. The old saying, “Know your coins or know your dealer” is particularly apt, as Mr. Simpson knows both, and this relationship has paid off with an epic collection of coins that compares favorably with the great named collections of the past.

Mr. Simpson’s premier passion is United States pattern and trial coins, and his collection of these is unparalleled. Comprising most of the entries found in Dr. J. Hewitt Judd’s standard reference work, United States Pattern Coins, now in its 10th edition, the Simpson Collection is the greatest assemblage of such coins since Judd’s own collection was dispersed some 50 years ago.

Among its amazing highlights is a complete set of the highly coveted stellas, or four-dollar pieces, complete in all types, dates and metals. While perhaps less known to most collectors, his array of early US Mint patterns is of the greatest historic value and rarity. These coins include 1792-dated pieces such as the silver-center cent (J-1), the even more rare example of this coin without a silver center (J-2), the most popular of early federal patterns — the HALF DISME (J-7) and the exceedingly rare DISME in all three varieties (J-9,-10,-11).

Also included are both uniface impressions of Joseph Wright’s famed quarter dollar pattern (J-A1792-1,-2). These coins are seldom offered for sale, as their owners are typically devoted numismatists who cherish their immense historical importance. Such a figure is Bob Simpson. (more…)

NGC Launches Plus Designation on Coin Grades

Beginning today,Tuesday, May 25, 2010, all eligible coins submitted to NGC for grading will be reviewed for the Plus Designation (+). NGC assigns a to coins at the high end of their assigned grade, approaching the quality requirements for the next grade. In addition to their superior technical merit, coins receiving a must have above-average eye appeal.

NGC assigns the + only to United States coins issued from 1792 to 1964, and the is available in combination with all grades from XF45 to MS68, inclusive. Coins submitted to NGC under applicable grading tiers including Economy, EarlyBird, Gold Rush, Specialty Gold, Express and WalkThrough tiers are automatically examined for + during grading, and there is no additional fee or special service request.

All coins submitted for on-site grading at tradeshows and other events are also considered for + at time of grading. The first on-site event where NGC will evaluate all coins during grading for the Plus Designation is the Long Beach Coin & Collectibles Expo, where on-site grading will be offered June 2 through June 4, 2010.

Coins already certified by NGC must be submitted for regrade using one of the above mentioned grading tiers to be evaluated for + . Crossover submissions at applicable grading tier levels are also reviewed for + during grading. More detailed information concerning submission requirements and answers to frequently asked questions can be found on NGC’s website at www.ngccoin.com/plus.

“We have been overwhelmed by the flood of support and enthusiasm for the launch of the NGC plus designation. For a number of years, collectors and dealers have wanted NGC to recognize premium quality-grade coins because our unique capabilities allow us to distinguish these differences with accuracy and consistency – providing credibility and consumer confidence to this segment of the market,” comments Mark Salzberg, NGC chairman and grading finalizer. (more…)

Numismatic Guaranty Corporation (NGC) Certifies 20 Millionth Coin

Numismatic Guaranty Corporation (NGC), the most-preferred certification and grading company in numismatics, announced today it has reached an unprecedented industry milestone – 20 million coins graded. NGC is the first coin grading company to arrive at this historic number and it underscores NGC’s position as the industry leader and guardian of numismatic interests around the world.

Mark Salzberg, Chairman of NGC, is excited about the 20 million mark but says the company is more thrilled about what the milestone represents. “We would not be here without the support and trust of the numismatic community,” said Salzberg. “We are so grateful to the collectors and dealers who have entrusted their passions and livelihoods with us.”

NGC has played a major role in the rapidly expanding coin industry from the perspective of both collectors and dealers. As an objective third-party coin grading source, NGC has been instrumental in establishing standards for authenticity and condition that contribute to consistent, accurate methods of valuation. This has added a level of confidence and protection to the industry and added liquidity to the collectible coin market. According to Salzberg, the absence of subjective opinion is a key component in the global growth of the coin collecting industry.

Despite a challenging economy, the company’s growth is evident. NGC has received coin submission from 43 different countries. Submissions span 2,600 years in history, including ancient coins from as early as 600 B.C.

NGC certified the single most valuable graded coin ever sold, the finest known USA 1804 $10 gold coin. (pictured above)

Within just the last year, NGC certified the South Africa 1898 Single 9 Pond, the China 1910 Yunnan Dollar, the Russia 1755 Pattern 20 Roubles and the Ecuador 1862 Quito GJ 50 Francos, each among the most important and valuable African, Asian, European and South American coins, respectively.

In addition, auctions of certified coins around the world continue to achieve results at or above expectation, even as other auction genres suffer.

“While 20 million graded coins is a huge accomplishment and we celebrate it, we really are focused on the future,” said Salzberg. “We look forward to continuing to push the industry envelope to develop and implement innovations that benefit not only our loyal customers, but the hobby as a whole.”

For more information on NGC and the benefits of coin grading, visit www.NGCcoin.com

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