Ncgx - Do We Really Need A 10-Point Grading Scale?

Just another marketing ploy .

Take me back to the 60's way of grading coins . G ,VG ,F ,VF ,EF , and Unc . That was it short and sweet . To all new collectors : lots of luck in your future coin collecting hobby .

the 70 point scale was established by william sheldon for large cents. this is a verifiable fact. it was a price metric. if a coin grading ag3 was worth $3 a coin grading g6 would be worth $6 and an ms62 would sell for $62. even at the time this didnt really work in practice.

NGCXtreeme (hang ten bro!) isn't doing anything unique. people have been trying to adopt a 100 or 10 point scale since before I was born.

for me this is a solution to a problem nobody had. a decision made by a room full of people who dont collect coins.

i do hope this falls flat. I dont want to have to talk about EAC grading vs PCGS grading VS NGCX grading. I dont want my price guides to have to have pages of additional sheets for different grade standards. most of all I dont want the confusion thats going to arise. hey, ive got this great coin in an NGC 8 holder...whats it worth? what is my NGC 6 coin selling for on ebay? it breaks the jargon, hampers search boolean, and detaches numismatics from its rich history. I dont see an upside, but one might exist. hard pass from me.

ill still buy coins in those holders, but I do that with all the holders. I have no intention of using this scale, but I dont really use the market grade scale that they are currently on about either. I'm not the target audience here.

NGCX 'select' retailers... I sure hope to find these products at Costco. Imagine a few pallets of NGCX 2006 D quarters stacked next to multi-packs of printer ink.

I've never had an issue with the sheldon system either & I'm not a fan of the 10 point grading system.

That is exactly what the Sheldon scale was, a pricing guide, not a grading scale. And the priceing scale was originally developed for 1794 large cent and pretty much the rest of the early date cents. You say that's not how the prices actually work especially at the upper range, but in the 1930's and 40's when the scale was developed that was EXACTLY how they worked. (Sheldon seemed to think he had discovered some "natural law of cent values".) Each Poor 1 or basal state variety had a given set value and the multipliers worked fine. But after Early American Cents was published more collectors entered the market for early date varieties, and naturally that created increased demand for the higher graded pieces and the pricing scale went out the window.

Sure, lets break them out of the slabs, send them in, spend money, get a new grade that will be interpreted just like the old grade. Go 0-100 or just leave it alone, better yet leave it alone. The 70 scale (don't like to use the name) has done well for so long. If it ain't broke don't fix it.

I'm old school and will not buy a coin graded like this.
I'm sure some people will buy into this just like I'll keep my money and move on to something else