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 Replies: 23 / Views: 2,129 |
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Forum Dad
 United States
24147 Posts |
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Pillar of the Community
United States
2829 Posts |
Looks like its graded appropriately.... no issues at all.   |
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Bedrock of the Community
United States
94367 Posts |
It seems like some sort of gambling site that NGC supports, is that right? At first glance, looks scary. Asking $700 for this POS 1909-S cent?
I clearly do not understand this X-box thing and would appreciate a succinct explanation from someone.
Thanks!
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Bedrock of the Community
United States
19108 Posts |
Appears now to be gone....
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Pillar of the Community
United States
3467 Posts |
NGC took a shot with NGCx - moving away from the Sheldon scale to a 1-10 scale hoping to attract comic book and trading card collectors. I don't see a lot of them in the places I do my shopping so I don't know how successful they are. I do own one NGCx graded coin, purchased as a curiosity for a couple bucks.
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Bedrock of the Community
United States
94367 Posts |
Can someone give me a link to a site that explains this NGCx product?
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Pillar of the Community
United States
3467 Posts |
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Bedrock of the Community
United States
10470 Posts |
Looks like the link isn't working anymore (at least on my end)
EDIT: (Bobby's Link)
Edited by Marv65
11/23/2024 6:00 pm
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Pillar of the Community
 United States
6449 Posts |
It seems like a really silly product. They just mapped the 70 point scale onto a 10 point scale. The glaring defect is that it isn't compatible with NGC registry sets. They could have easily just put the big number and then a smaller Sheldon notation somewhere.
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Bedrock of the Community
United States
94367 Posts |
Thanks, @nfine. Boy I don't like the feel of this.
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Pillar of the Community
United States
878 Posts |
Quote:
There is no difference in quality between a grade on the NGCX 10-point grading scale and a grade on the 70-point scale. 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. If they claim it's the same, then why bother with this new scale? |
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Pillar of the Community
United States
1648 Posts |
Quote:
If they claim it's the same, then why bother with this new scale? Quote:
I clearly do not understand this X-box thing and would appreciate a succinct explanation from someone. The 70-point grading scale for coins isn't going anywhere, same as always submitting to NGC. Rather, NGC recognized an opportunity to bring in 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. Increased demand should translate to higher prices. When the new Scale becomes widespread, and a wave of investors enters the market, many existing coin investors will be positioned nicely to recognize gains. (so they claim) 10=70, 9.9=69. Hmm, it is basically a marketing campaign. They are trying to more closely align with how grading works in other collectibles. So now a kid could get a comic book and coin both graded 10. Easy to understand for newbies, might bring in new younger collectors. However, this program is only for coins going out to partner companies, the public will not be able to submit to NGCX early on. Of course, if it is popular, that may change. Edited by datadragon
11/24/2024 08:35 am
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Pillar of the Community
United States
3467 Posts |
There was a separate registry promised for NGCx coins. Just wondering if they actually delivered or if it is still in the works.
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Pillar of the Community
United States
4587 Posts |
About the only people who have used NGCX are
* VaultBox
* Some bullion sellers
* A few Chinese sellers
I've seen almost nothing else using the new scale. They still have not opened submissions to ordinary shrubs, it's bulk and special label customersonly.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Forum Dad
 United States
24147 Posts |
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Pillar of the Community
Australia
9350 Posts |
To me, as someone that doesn't really use Sheldon, the new scale makes more sense. Sheldon is supposed to be a 70 point scale, but from what I see it only uses 29 numbers, so what's the point. The NGCx scale has half ratings on lower numbers and 0.1 in the 9 to 10 range, so that is 29 ratings in total.
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Replies: 23 / Views: 2,129 |
Posted 11/23/2024 4:52 pm
