NGC Introduces 10-Point Grading System for Coins

67

Numismatic Guaranty Company (NGC) is excited to introduce NGCX, the first 10-point grading scale for coins. The 10-point grading scale has long been the standard for most collectibles, including comic books, sports cards, trading cards and more. Now, with NGCX, coin collecting will benefit from the same intuitive and approachable scale.

Illustrations of NGCX
Illustrations of NGCX

For centuries, coins have been collected — for enjoyment, for study, as an investment and as a benchmark of achievement. In the late 1940s, a numeric scale of 1 to 70 was introduced by Dr. William Sheldon to describe the relative values of US one cent coins. In theory, a coin graded 1 would be worth $1 and a coin graded 70 would be worth $70. The values quickly became irrelevant, but the grading scale stuck. NGC adopted the Sheldon grading scale when it was established in 1987, and it remains the industry standard to this day.

 

Meanwhile, the collecting instinct has expanded to include comic books, sports cards, trading cards, video games and much more — the list continues to grow as new categories emerge, with collectors seeking to protect and preserve the things they love. These collectibles are virtually always evaluated on 10-point grading scales, which new collectors quickly recognize and readily understand. Each 10-point grading scale is precise and nuanced based on the collectible type.

NGCX, only from NGC

The 70-point grading scale for coins isn’t going anywhere. Rather, NGC recognized an opportunity to bring in new collectors to the hobby by wielding the power of X — NGCX — a 10-point grading scale for coins.

The NGCX 10-point grading scale aligns with today’s expectations for coin grading, and what it means to be the best. On the NGCX scale, 10 is the supreme grade, equivalent to a 70 on the traditional scale. The subsequent grades cascade from 10, a criterion understood by all.

For example, a coin graded NGCX Mint State or Proof 10 has no imperfections at 5x magnification, the same as a coin graded NGC Mint State or Proof 70. Likewise, an NGCX Mint State or Proof 9.9 is the same as a coin graded NGC Mint State or Proof 69 — each a fully struck coin with nearly imperceptible imperfections.

To see the full NGCX 10-point coin grading scale, go here.

Be part of the revolution

NGC is the world leader in third-party coin certification because of its constant innovation and collector focus, with NGCX being only the latest example. While there is no difference in quality between a grade on the 10-point scale and a grade on the 70-point scale, the difference for the hobby is exponential. New collectors now have a clear path to embrace coin collecting. The path is NGCX.

NGCX-certified modern coins, minted from 1982 to present, will be available through select retailers beginning January 2023. For a list of qualifying retailers, go here.

At this time, NGCX is not available for regular submissions to NGC, which will continue to be graded according the 70-point scale.

About Numismatic Guaranty Company™ (NGC®)

NGC is the world’s largest and most trusted third-party grading service for coins, tokens and medals, with more than 55 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.

Subscribe
Notify of
guest

67 Comments
Inline Feedbacks
View all comments
FViia

Agree, this is a money grab.

J. Adam

If, and only if, this plan is liked within the existing community. All we need to do it put a premium on the 1-70 scale and things will remain as they are pretty much. What is puzzling is the statement that a 69 will be a 9.9, this shouldn’t be the case as 0.1 through 10.0 allows for 100 grades. That means all the coins that just barely made 69 should probably be 9.8.
More precision can be a good thing (see the addition of + grades a while back) otherwise, what’s the point of all this?

Dazed and Coinfused

Like the article said, recently comic books, and sports cards, and Pokémon and magic cards use the 1 to 10 standard. Because these are also the same people that can’t read a analog clock, or count back change they had to lower it from 70 to 10 because too many of their customers were getting ptsd from having to deal with such high numbers. Even 10 is stretching as these are the yelped and cancel culture used to giving reviews that only go up to 5 stars. Luckily they can use their poor man’s abacus (their fingers) and mimic what… Read more »

Antonio

I thought comic books were always on this standard. I’ve yet to see a 10 grade for a classic comic book though. DC #1 Superman, 9.8.

Dazed and Coinfused

I did collector shows for a while as a kid, when the grading system started people thought it was a fad and a money grab and wouldn’t endure. A few people displayed old sports cards they graded, but that was mainly to ensure it wasn’t a reprint or fake but those were cards like mantle and Ruth and Wagner and Cobb. Didn’t see many comic books being graded and I never was into Pokémon. Early 90s is when I stopped collecting and selling at shows, too many companies and releases for cards and the death of superman with its white… Read more »

Dazed and Coinfused

To which do you refer? If you mean the progress part, I can’t take the credit for that. I owe that glowing trinket of factual clean humor to the late great George Carlin and the late great Gallagher. Both of whom I paraphrased. Carlin 2014 show was great. And his 1980s reference to NIMBY still rings true today

Antonio

I miss George. Got to see him live in 1978.

Dazed and Coinfused

I agree with your assessment. However, there must not be many comments on this site. One motion I’d like to submit to the board, more women. You’d think with their love of gold and all things shiny there would be one here. Whatever happened to your favorite sounding board Mr. Humor. I think first name was Senza. Yeah that was it, Senza Humor

Ryan

Well said. I have a 10 yr old daughter in the 4th grade. An honor roll student while in the 1 advance class that they offering her grade level. That was offered to her bcuz she tested so well on her leap test last yr. I said all that to say this…..I’m proud of my daughter for exceeding expectations by the public school system standards bcuz she can only answer the questions that are on their test and learn the curriculum they teach. But I can tell you this much, I’m embarrassed for anyone to see her school work. She… Read more »

Jeff Legan

They call it a 10 point scale, but if you can grade something at 9.9 rather than only a 9 or 10, doesn’t that make it a hundred point scale? I guess a 100 point scale will allow for a more accurate grade than a 70 point scale, so there is that. NGC should just start listing both values (new scale in a smaller font for now, I suppose) on the coins people send for regular grading going forward (even pre-1982), especially if they want coin collectors who grade their coins to start using the new scale. While I agree… Read more »

Dazed and Coinfused

Maybe it’s elon musk making sure you aren’t trying to impersonate or mock him. Did you pay $8 to verify you are indeed Jeff Legan? Which reminds me, seems ngc is following the steps of Twitter and changing the color of the stamps and the birds.

Antonio

Will the other grading services go along?

Dazed and Coinfused

They would have to, otherwise ngc could be in trouble for being a monopoly.

Dazed and Coinfused

I learned the hard way as a young naive man about the catastrophe that can ensue if one decides to pull another’s string. And that lesson was. Be careful it might just be attached to a tampon.

Antonio

Or Xi Jinping.

Rich

Jeff, if you go to the NGC link above, it shows the proposed full NGCX 10-point coin grading scale to consist of 29 points (and not a 100 point scale), i.e.,

1, 1.5, 2, 2.5, 3, 3.5, 4, 4.5, 5, 5.5, 6, 6.5, 7, 7.5, 8, 8.25, 8.5, 8.75, 9, 9.1, 9.2, 9.3, 9.4, 9.5, 9.6, 9.7, 9.8, 9.9, 10

Last edited 1 year ago by Rich
Jeff Legan

Thanks Rich. I do not click on any links here, so that is why I did not know that. With only a 29 point scale, I think it is worse than the original way. I assume the other collectables are already on the same 29 point scale then, not an actual 100 point one? Their grading system was no better than ours then, in my opinion. They broke only the 9-10 numbers into 10ths so they can pump the value up more on the “10”s. If there was only a choice between 9 or 10, more would have gotten the… Read more »

Jeff Legan

Hi Kaiser Wilhelm,
I thought the 10ths were used all the way down to 1.1 but I see now they are not. It would have been a hundred (data) point scale if all the 10ths were used. They can still call it a 10 point scale, since 10 is the highest number. I just don’t see it that way, personally. It is actually a 29 point scale (thanks again, Rich!) to me.

Jeff Legan

Nope, didn’t clear out any cookies so it must be a different reason. Thanks for suggesting a possible reason, though. I will remember this when I do delete cookies the next time though. I did have an issue recently where I could not send out emails for a week or so. Perhaps when that was fixed, it changed something. I know no cookies were deleted during that fix, though. Just a few settings were changed. Now it seems likely to me that it has something to do with that. Seemed so minor of a fix I did not think of… Read more »

Dazed and Coinfused

When I have problems with all my electronics I send them to amish towns. I heard they are excellent craftsmen and great in a team. I have yet to receive any of the electronics back. So maybe they aren’t as good as I was led to believe. Also. If you live in India and call tech support, do you get a white guy with a southern accent named Shaheed?

Dazed and Coinfused

The IRS. Hmmm. That explains why Pres a deNt J o E (higheSt) Bidder (not a typo) insists that the laptop that FBI said belongs to his son, in actuality probably belongs to me. Uncle Tom, I mean Joe, didn’t name me by name, but he did say MAGA alot, which mean Make Another Guy Accountable. But I’m sure the coke residue on the lid and the hooker blood can be traced back to the big guy’s son. But with all the discord and stress of the last few years, perhaps as a show of bipartisanship, Dick Cheney should invite… Read more »

Dazed and Coinfused

Hurry hurry hurry. Get all your coins re-graded. Our new number scale will ensure your old ms70 coins will be worth more with a huge 10 on it. Serious collectors will no longer believe those coins you had graded are reliable as the ms70 could be a 69.5 but rounded up. With our new patented and foolproof numbering system that 69.5 will be reflected as a 9, so when you get your coin back from re-grading and it’s a 10, you’ll know you have the best in the market. Disregard the fact that our professional graders have been fooled before… Read more »

Dazed and Coinfused

Quick note, it also allows them to print the number much larger than previously used so that they can grab attention sooner. Like seeing an ad on your phone versus your 85 inch computer monitor.

Antonio

and for us older folks. NOW I can see the number.

Dazed and Coinfused

I didn’t wanna sound like an ageist, I was brought up to respect my elders. A cording to the media grading scale, by birth, i would be a racist, old bigot. Whether true or not is irrelevant, but i cant afford to add anymore negative discriptors to grading scale. Luckily i am not quite a boomer so the milllenials cant try to cancel me for that. I am more of the forgotten and unheard generation, which ironically is labeled as X, which is roman numeral for 10 making me a perfect grade, hence the irony. Plus many young folk wear… Read more »

Dazed and Coinfused

All I remember is thinking, let there be light, and suddenly I’m sliding down the sausage receiver and soon after I was greeted with a hard slap then someone cut my stomach tube off. And if that wasn’t bad enough, despite the small already pecker, it was deemed by a higher authority that I must have some of it removed. I had no say in any of it. And to this day I pull and yank the little guy like it owes me a lot of money and it just won’t stretch back. Oddly my nose and ears are bigger… Read more »

Dazed and Coinfused

Well, if you ever get a chance to watch old episodes of Maury, you’d learn, more than you think

Antonio

With age three things diminish, hearing, sight and the mind. Dementia is a horrible….what was I driving at?

Dazed and Coinfused

Don’t feel bad Antonio,, most people wouldn’t notice as there are only 3 types of people in the world. Those than CAN count, and those that CAN’T. Sad really

Jeff Legan

Spot on, Dazed and Coinfused.
For a bit, I actually thought they were simplifying by moving to the new grades. Boy, was I wrong.
I could see this bit of yours as an actual radio or TV ad. People would have trouble realizing you are messing with them. You should run this as a parody NGC ad in the Onion, everyone (except NGC) would be laughing.

Dazed and Coinfused

That technically was corrected in a later edition where they were found not to be double stuffed, but merely a planchet error.

Antonio

Oreo coins!

c_q

can’t they just put both grades on the slabs? i’m assuming that’s how they deal with it internally also, they must have a defined mapping between the two systems.

Last edited 1 year ago by c_q
Antonio

Well, THAT would make sense. We can’t any of that silliness.

c_q

totally missed opportunity – the scale of course should go to 11

Dazed and Coinfused

13. I heard it’s lucky

Antonio

It’s the Twilight Zone floor.

5671c3c7047948180bbdf6ffd0980214_XL.jpg
Dazed and Coinfused

Fair kaiser. What I think he meant to say was
Naturally both grading systems can be put on the slab, however you must pay for both grade types. Hopefully, they’ll have a black Friday sale and they’ll do both labels for buy one get one 10% off

Dazed and Coinfused

I don’t like the 29 point scale. Too subjective. Example. Action comics 13 (I think was 1st appearance of superman) at 10 it would sell for say 50 million. None exist. 9.9 maybe 30. 9.8 say 15 million. 9.7 10 million. And so on. So let’s say the usual grader on vacation or even same grader but angry at his wife. So let’s say he grades one a few years ago. And it had a crease on one of the pages. He rates it 9.8. A couple years later he gets one and it has a small fingerprint on the… Read more »

Rooster

Enjoyed this comment as there is truth riddled with humor. I paused at the Stan Lee part as I may have his signature (counterfeit I’m sure) on a comic. Hope you were a winner with a clearing house check.

Dazed and Coinfused

Why can’t we pay out taxes with lottery tickets. Just send em 50 $1 tickets. And if they win then win, but if they lose, my tax are considered paid. Even if they said i owed 1,000. Sounds fair.

Jeff Legan

Hi Dazed and Coinfused, I seem to recall reading once a long time ago that before we had taxes in this country, when the government decided they needed to finance a large project (like building a bridge), they used a raffle to raise the money. I thought at the time we should still do that today for all large projects. If the project was not worth funding nobody would pitch in but if the government really, really, wanted it funded they could set a larger prize amount. Just like those large lotto jackpots start causing people who rarely play the… Read more »

Jeff Legan

The wealthy would have to play, if they owed any taxes. If it ended up being no different regarding who pays taxes, then at least the people paying would get to decide what was worth funding. I do not think we have that privilege now.

Dazed and Coinfused

Perhaps a project could be presented before a council (chosen at random) to hear the details and plan and scope and decide whether or not to approve it. Once approved, a GoFundMe will be set up to finance the deal. If it doesn’t raise enough funds within a certain time period, the project can be reapplied for after a cool down period is instituted. This way the council is impartial, no aclu or special interest groups or whatever can stonewall it. And if the project is in a certain area and can’t get funding then they are free to try… Read more »

Antonio

So what does “the luck of the Irish” mean?

ac9458dfce68d2d8dad3e4fbaeb802c4.jpg
Rooster

comment image

Dazed and Coinfused

That’s definitely 9.5 as the hair is an error. Cultural appropriation.

Rooster

That is an error that could be altered but then would it be a forgery?

Rooster

Kaiser: Beauty is in the eye of the beholder but you have to be cautious. There is the occasion that a 2 at 10 becomes a 10 at 2.

Rooster

Most can relate. Usually happens to most in their 20‘s.

Dazed and Coinfused

Well if Ray Charles or Ronnie Millsap were miss America judges, I guess it would be fair to say that the fate of the women is in their hands.

Rich

That’s the 10-point standard.

Last edited 1 year ago by Rich
Rooster

Every time I hear a rating of 10 she comes to mind.

Dazed and Coinfused

It’s nice to have a 10, but even 2 fives is acceptable. 5 twos on the other hand, well, that kinda falls in the big girl and moped category

Dazed and Coinfused

If she had plastic surgery, 8008 job, lipo, or botox, would that ruin her rating as a 10? Also, if she got a tattoo, would it increase or decrease her value depending on who signed her?

Rooster

Yes and maybe. Today’s rating would be judged differently from decades ago.

Dazed and Coinfused

You could almost confuse her with Martha Stewart. I bet that woman had the nicest decorated cell of any inmate. For old chicks I think Sophia Loren and Ann Margaret are pretty. I had no idea Martha Stewart was as old as she is, but that the stars they are classy enough to not post bathing suit pics like all these 50 y.o. celebrities gripping at their last chance of beauty. Thank you Salma Hayek. And while I am not much for blueberries or strawberries or raspberries, I would eat Halle Berry like I was living during the starving times.… Read more »

Dazed and Coinfused

Unless it’s on the reverse, then you take a moment to admire the art and look for anything that would make for an awesome bullseye target.
Word of warning. Tats on the Tits. [Tittoos] (sounds weird Twotits rolls off the tongue much easier and sounds more accurate) will in time become dull and elastic and eventually look as if was originally a nod to the famous painting “clocks”

Robert

What a dumb idea, just so the company can save money because they can use the same system across all there subsidiaries namely their card and comic grading firms, it will cause NGC graded coins to plummet.

sam tweedy

Don’t worry “OLD LADIES” there are plenty of illegals at NGC in Sarasota Fla who would love to grade your coins OK Nap time for your brain!! Like sleepy Joe biden and the Ripper!!!! Keep Running Forrest>>>>>>>>>>>

sam tweedy

Semper Fi…”13″+++++++

sam tweedy

Semper Fi “13” ++++++

Dazed and Coinfused

I think that would be an echo. Either that, or your hearing aid is getting interference from the microwave again

Dazed and Coinfused

Luckily numbers are the same in Spanish and English, but they do have one advantage. The only people I know that speak Latin are doctors and no way are they going to take a pay cut to grade coins. Since Spanish is a Latin derivative the e legals (electronically legal) have a better chance of deciphering that whole e pluribus unum message. As so far, no translation has been found for it on the Rosetta stone. Another fun fact, cavemen saw ghosts. Have you noticed all the drawings they did are only of shadow people. Either that or they were… Read more »

Richard Rametta

I have a Lincoln memorial cent error coin I would like to have graded and valued. Any advice? Thanks.

Dazed and Coinfused

Submit it as meant to be a quarter but turned out a penny. They can’t argue it isn’t. Unless they claim it’s just a penny that identifies as a quarter. But can’t help ya on grade advise. My sister said she spoke with one of the brains behind the concept or worked with a grader since the early days. But what he said was if it isn’t something that would greatly increase value then it isn’t worth grading. Also, say you wish to grade now and sell in 20 years. And add that it is worth a lot of cash… Read more »

Gregory H Erosenko

I’ve been a collector since the early 1960’s and have seen like many of you the changes in our hobby. When is enough is enough changes in grading coins and collectibles? I believe the grading services are needed since there are so many altered coins such as 1909 S VDB, 1914 D Lincoln cents just to name a few. Bottom line in my opinion the current 70 point system is not broke so why make any changes at all!