RARCOA Creating Markets for Coins Bearing NGC Green Label

17

RARCOA, a prominent and well-capitalized firm, is carefully selecting coins for quality, eye appeal and other desirable traits to be certified with a new Green Label from Numismatic Guaranty Corporation (NGC). This dealer is also making markets in NGC Green Label coins by placing sight unseen bids on them on dealer-to-dealer electronic trading platforms.

Examples of Morgan and Peace Dollars with NGC Green Label
Examples of Morgan and Peace Dollars with NGC Green Label

The coins selected by RARCOA for the NGC Green Label possess a variety of collector-friendly attributes, including attractive eye appeal, a strong strike, impressive luster or great color.

For example, a Morgan Dollar with cartwheel luster, a Peace Dollar with a sharp strike and swirling luster or a gold coin with pleasing color may be eligible for the NGC Green Label.

Importantly, RARCOA provides substantial market support for NGC Green Label coins by placing bids on them on dealer-to-dealer electronic trading platforms.

Collectors can be confident that NGC Green Label coins have been graded by NGC’s team of experts according to the internationally recognized NGC Grading Scale.

"When collectors see a coin certified with the NGC Green Label, they will know that it has received additional scrutiny and is supported by a robust, two-way market," says Mark Salzberg, NGC Chairman and Grading Finalizer. "As always, collectors will also benefit from NGC’s accurate and consistent grading, state-of-the-art holder and industry-leading guarantee of authenticity and grade."

All coins encapsulated with the NGC Green Label are backed by the comprehensive NGC Guarantee of authenticity and grade. This financial guarantee enhances the safety, value and liquidity of NGC-certified coins.

"By identifying coins that are worthy of distinction, the NGC Green Label makes it easier for collectors to recognize, trade and value quality coins," says Wayde Milas, President of RARCOA. "This advantage is powerful when combined with RARCOA’s commitment to maintaining sight unseen bids for the NGC Green Label coins on a wholesale level."

RARCOA is partnering with a small group of select retailers, including ModernCoinMart (moderncoinmart.com/ngc-green-label), to offer coins with the NGC Green Label.

About Numismatic Guaranty Corporation® (NGC®)

NGC is the world’s largest and most trusted third-party grading service for coins, tokens and medals, with more than 49 million collectibles certified. Founded in 1987, NGC provides an accurate, consistent and impartial assessment of authenticity and grade. Every coin that NGC certifies is backed by the comprehensive NGC Guarantee of authenticity and grade, which gives buyers greater confidence. This results in higher prices realized and greater liquidity for NGC-certified coins. To learn more, visit NGCcoin.com.

© 2021 Numismatic Guaranty Corporation of America. All rights reserved.

NGC, NCS, PMG, CGC, CCS, CSG, ASG, CAG and CCG are the registered trademarks or unregistered trademarks of Numismatic Guaranty Corporation of America, and/or its related companies in the United States and/or other countries. All other names and marks referenced in this release are the trade names, trademarks, or service marks of their respective owners.

Subscribe
Notify of
guest
17 Comments
Inline Feedbacks
View all comments
Charlie

I Wonder when the new braille holder will be coming out? You wouldnt even have to look at the COIN you want to buy, just run your fingers over the holder. What a concept! Of course they will offer abbreviated classes for those folks that cant read braille. And no i do not have anything against people with vision impairments. I just cant believe how far these labels are progressing. Whats wrong with a grade and authenticity? I wish someone could put an understandable comment on here to explain why FDOI, Advance Releases, Early release, Eagle core holder, Bay Bridge… Read more »

Kaiser Wilhelm

There may even come a time when all of these colorful holders go the way of the steam locomotive, the eight track tape and the Edsel; who knows what might come next?

Edsel ad.jpg
Last edited 13 days ago by Kaiser Wilhelm
Seth Riesling

What a “cozy, unethical relationship” NGC has with coin dealership RARCOA! Shady, biased business for sure – second tier NGC.

NumisdudeTX

Kaiser Wilhelm

As the increasingly unscrupulous powers that be at the Mint and their equally slippery co-conspiratorial Big Dealer cohorts would say, “Nothing to see here, move along.”

Last edited 13 days ago by Kaiser Wilhelm
Seth Riesling

Does RARCOA give green S&H savings stamps with each NGC green label coin purchase??!! Lol.

NumisdudeTX

Kaiser Wilhelm

Most assuredly so, Seth. And, while you’re waiting for your coin to be green slabbed, you’ll relax in the green room. There you’ll be served fried green eggs and ham with freshly brewed green tea by a leprechaun. When the work is finished, you’ll get the green light to go. I’m already green with envy!

Green frog.jpg
Last edited 13 days ago by Kaiser Wilhelm
Seth Riesling

Exactly! And I would pay good coins or greenbacks for freshly-fried green tomatoes…like grandma made, right from the garden.

NumisdudeTX

Kaiser Wilhelm

The mere thought of the scrumptious flavor of garden fresh fried green tomatoes makes me turn positively green with envy!

Envious figure.jpg
Last edited 12 days ago by Kaiser Wilhelm
joera

Oh how I miss the good old days when things were simpler and not so complicated. And it seems like it is happening everywhere! I use to be able to go the store when my wife would ask me to go get something for her and get back home with whatever my wife needed. Easy! Now a days I have to take, not a list, but a picture on my phone to show me exactly what to look for. It maybe something like, original, extra strength or ultra strong, with or without “this” and “that” And then some things come… Read more »

Kaiser Wilhelm

These days, harder than you might think. As you said, things are more complicated.

Hungry shopping.jpg
silencedogood

NGC is making itself irrelevant by making their business be more about packaging and labeling than the coins themselves. All they seem to focus on as of late is marketing. Guess they have to somehow pay for their recents expansions, hiring and foray into other collectibles on the backs of naive collectors in numistmatics that fall for the gimmicks. I wont go out of my way to avoid NGC, after all I collect the coin not the plastic, but this will be on the back of my mind when searching because I dont like supporting shady companies. They are delegitimizing… Read more »

Kaiser Wilhelm

Those are some excellent points. I’ve been active in this hobby since 1956 and I have seen a lot of changes since then, but no prior development had ever been nearly as costly to the collector as the grading and slabbing rage which is currently to quite a large extent consuming the hobby. This is a trend, as you say, that is clearly distracting the hobbyist from the original and what one would think would be the principle focus of his or her pastime. Additionally, it is functioning as a not so negligible drain on the collector’s financial resources that… Read more »

Last edited 8 days ago by Kaiser Wilhelm
Raphael

Right now there is no coin label that is going to make a coin that grades a 70 turn a coin to grade a 71. I can see in the future the grading scale being change to 100 instead of the current system where the highest a coin can grade is 70. Why? coin grading service sooner or later will run out of gimmicks, and ways to BS the industry. They will push for the new system to make sure for growth in their business. Like in the present, and the past those that spend the most money with their… Read more »

Kaiser Wilhelm

Also, Raphael, in order to meet the enhanced grading standards and to access the new categories, every single coin that had been processed prior to this across-the-board reclassification would have to be re-graded; what a totally unprecedented and absolutely sensational money-making opportunity that will be for the grading companies!

Last edited 8 days ago by Kaiser Wilhelm
Mark D.

Next you’ll be telling me I need to replace all 8-tracks with…

Mark D.

…cassettes. Sorry for the interruption, the 8-track just changed mid-texting (it’s hooked up to my electronic abacus and UPI teletype)!

Kaiser Wilhelm

Please excuse my ignorance here, but as I was rewinding my reel-to-reel I tried to puzzle out what exactly an “8-track” might be and if I might be able to get a good deal on one at my local Ford dealership.