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 Replies: 12 / Views: 802 |
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Pillar of the Community
United States
2001 Posts |
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Pillar of the Community
United States
3467 Posts |
A year or so ago, NGC started a parallel operation called NGCX which uses a 1-10 scale rather than the 1-70 Sheldon scale. They modeled this system after the current trading card grading system. There was supposed to be separate pricing and population information for the NGCX coins on the web site but I haven't seen them yet.
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Moderator
 United States
54280 Posts |
NGCX - Sheldon
10 = 70
9.9 = 69
9.8 = 68
9.7 = 67
9.6 = 66
9.5 = 65
9.4 = 64
9.3 = 63
9.2 = 62
9.1 = 61
9.0 = 60
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Pillar of the Community
 United States
2001 Posts |
Well that's a new one on me. Thanks for the information. Seems like another system just to cause confusion.
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Valued Member
United States
295 Posts |
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Seems like another system just to cause confusion. I agree, why fix what isn't broken? Coins aren't the same as trading cards so why should they be graded on the same scale? But maybe I'm just old-fashioned. |
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Pillar of the Community
United States
2049 Posts |
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Well that's a new one on me. Thanks for the information. Seems like another system just to cause confusion. More like a new system to try to generate more revenue. I can see it happening where people start sending in previously graded coins in order to get on board with the new system. The whole grading thing is out of control already and this will just add to it. Never been a fan of paying someone for their opinion. |
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Pillar of the Community
United States
2457 Posts |
huh. that's news to me, too. curious..
hmmm... we should invent a system where we take graded coins in their slabs from ALL of the TPGs and grade them on their grading & presentation. we'll make a fortune.
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Pillar of the Community
United States
2049 Posts |
Quote:
huh. that's news to me, too. curious..
hmmm... we should invent a system where we take graded coins in their slabs from ALL of the TPGs and grade them on their grading & presentation. we'll make a fortune. And then create a 3rd party company that grades our grades of the grading/presentation. Seems like an endless revenue stream! Isn't there a saying about a fool and his money? |
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Pillar of the Community
United States
2457 Posts |
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And then create a 3rd party company that grades our grades of the grading/presentation. Seems like an endless revenue stream! Isn't there a saying about a fool and his money? exactly! yes yes yes! |
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Valued Member
Australia
491 Posts |
Having a conversion table between different grading systems make all gradings equal?
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Pillar of the Community
United States
1747 Posts |
Marketing ploy to make graded coins of interest to baseball card and comic collectors as most other collectables are graded on a 10-point scale.
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Moderator
Australia
16805 Posts |
I believe NGCX was launched in conjunction with the VaultBox promotion. Again, aimed at the trading card investment crowd.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United States
397 Posts |
I used to collect Magic cards, so the 10-point system is familiar to me. Like other posters said, this is probably to cater to the card collecting crowd. But if NGC wanted to get into that business, they'd have to compete with the likes of PSA and BGS. I agree that they shouldn't try to fix what's not broken.
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Replies: 12 / Views: 802 |
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Posted 01/04/2024 5:22 pm
