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 Replies: 9 / Views: 1,306 |
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New Member
United States
42 Posts |
NGCX Slabs have been out for almost a year, how come NGC hasn't added their new slabs to the certification database to see how many have been certified and potential values? Just curious to see if anyone has any news on this.
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Pillar of the Community
 United States
4587 Posts |
Because they don't expect them to be successful?
Because they are only available to bulk submitters and NGC has a love-hate relationship with same?
Because they laid-off the only programmer who knew the app?
Because they decided to release NGCX without coordinating it with IT and they hoked it together by creating NGCX as another grade instead of doing it right and now the database is all borked and they can't figure out how to report population?
My money is on the last one, but ...
-----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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New Member
 United States
42 Posts |
Good hypothesis. You might be right. I do hope NGCx catches on though, I know a lot of people like the current grading system, I like both. I like new ideas in the coin space, it has to be done if new generations are going to collect.
Edited by coinstocollect
10/19/2023 10:31 am
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Pillar of the Community
United States
2280 Posts |
Ngcx is a joke, clearly though they have some people on the hook.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Moderator
 United States
187446 Posts |
Quote:
My money is on the last one, but ... Vegas probably agrees with you.  |
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Pillar of the Community
United States
2213 Posts |
NGC is part of the same company that grades comic books, sports cards etc. on the 1 -10 scale. They are attempting to introduce this with coins. Any new grading system will have resistance. It may or may not succeed but those who collect comic books, cards may be interested in coins with same grading system. The Sheldon system is well established but many collectors don't know or overlook the fact Sheldon was a thief, stealing coins from the ANS and was involved in the bogus theory of somatypes and eugenics.
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New Member
United States
42 Posts |
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Any new grading system will have resistance. Just like it did when grading coins started, I imagine the resistance back then was quite amped up compared to now. I collected sports cards back in the '80s and '90s and grading sports cards started to gain a little momentum, I was not sold on the idea then, but I now see the importance of it. Hopefully, some of these newer ideas by the grading companies such as the 1-10 grading scale and early released slabs will get more people into and excited about the coin-collecting space. To each their own, but if some of these ideas don't succeed, collecting will continue to dwindle. Coin-collecting should be as exciting as card-collecting, but it does not have the same vibe YET, but it could. |
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Pillar of the Community
United States
4587 Posts |
I honestly think the grading scale is the LEAST problem in attracting new, younger, collectors. IMNSHO this is a solution looking for a problem.
-----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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Moderator
United States
187446 Posts |
They are way past the window of opportunity. They should have started using a 10 point scale when the started putting coins in plastic.
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Pillar of the Community
United States
4233 Posts |
Their "verify" seems to work, but the only grade in the dropdown is "NGCX" and then it shows as "proof 10" in the results (for example). I couldn't find any examples that aren't a 10, but I didn't look very hard. As far as the database being borked, somewhere they know that in this example the coin is "proof 10", so they should be able to census them all at some point. I bet their "IT guy" is a consulting firm, but who knows.
Makes me wonder if you can add a NGCX coin to a registry. They say "All NGC-certified coins are eligible for the NGC Registry" but I'm guessing that doesn't work either?
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Replies: 9 / Views: 1,306 |
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Posted 10/19/2023 08:41 am
