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Someone Please Explain the NGC Point System!

Why is a 2007 S George Washington Proof Dollar in PF 70 Ultra Cameo condition worth nearly as many points as a very rare 1937 MS 68 FB Mercury Dime? I still do not understand the NGC point system for U.S. coins. It is clearly not based on rarity. Case in point I have a very nice and very common 2007 S George Washington dollar in PF 70 Ultra Cameo condition. NGC has certified at least 9,982 coins at this level and gives them all 908 points. I also have very nice and very rare 1937 MS 68 FB M
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Roosevelt Silver Dimes

So What Makes a Great Roosevelt Silver Dime? Here is a nice example of an NGC graded 1960 D MS 67 FT Star Roosevelt silver dime. Yes this is a common coin as more that 200 million were minted in Denver. To be fair NGC has only graded 847 of these dimes and I am sure more exist that could be graded in the future. That said Full Torch versions of these dimes are clearly harder to find and a MS 67 FT with good eye appeal is yet more difficult to find. I am sure many have been cherry picked at thi
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Which Buffalo to Purchase?

In the end I picked a NGC 1936 Proof 67 Brilliant Coin to add to my Collection This year I was debating purchasing either a Gold 2013 Reverse Proof Buffalo or a real Buffalo proof nickel from back in the day. I know less then 50,000 Gold 2013 Reverse Proof Buffalo coins were made, but in the end I prefer to have an original buffalo proof nickel. This is not to say such Gold Buffalo coins will not appreciate, but I am just a U.S. history buff at heart. In the end I found a very nice NGC 1936
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Broke the Top 100 in U.S. Coins

Total Coin Registry Points: 528,273 Rank: 96 It took about four years of collecting but I finally broke the TOP 100 in U.S. Coins in the NGC Collectors Society. I realize not every one agrees this is an important goal and I understand that. In many cases a few high quality coins are better to own than a very large quantity of common coins. Still I have tried to upgrade my collection with higher end U.S. coins over the past two years and breaking the TOP 100 shows at least I am going in the ri
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How Do You Get an NGC Coin Upgraded or a Star (*) added?

I have tried Three Methods and Only One Works. I have tried three different methods to get an existing NGC coin upgraded or have a Star (*) added. My first attempt was to send in five (5) coins for a regrade. This did not work at all. All the coins can back graded the same in new holders. My second attempt was a crack-out with a 1922 Gold Grant Dollar coin. I posted a journal about the success I had with NGC upgrading the coin from MS 65 to MS 66. My most recent attempt was to send in a group
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Reverse of the America Silver Eagle (ASE) - Ugly or What?

Isn't it time the Mercanti Eagle was Dumped by the U.S. Mint in Favor of the A. Weinman Masterpiece or just about any other Eagle on the ASE? While reading American Silver Eagles, 2nd Edition I came across both a wonderful section on Weinman's Walking Liberty Half Dollar as well as a nice section on American Eagles through the years. With so many outstanding Eagles to pick from it is hard to believe the U.S. Mint can't find anything better than the Mercanti Eagle to slap on the back of the ASE
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Strange Looking 1964 (P) Kennedy Half Dollar

Blind Eagle and Almost no E PLURIBUS UNUM - Is it worth anything more than the price of Silver? Bought a bunch of 1964 P&D Mint Sets cheap and was looking through the coins for the usual Full Torch (FT) Dimes or Jefferson Nickels with actual steps. I always find a few worth submitting to NGC to make my money back. Anyway I was looking through the Kennedy Half Dollars and found a very odd looking Philadelphia minted coin. This 1964 (P) Kennedy Half Dollar looks awful, but it is still in t
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Winning at the NGC Crack-Out Game

1922 Gold $1 Grant Star Coin upgraded to MS 66! Back in 2010 I acquired at auction a Grant Star $1 Gold coin graded MS 65 (286937-004) in a old no-line fat NGC holder. Under magnification the coin looked better than a MS 65 to me. While only a little over 5,000 1922 Grant Star Gold dollars were minted, today an MS 65 is an average grade with a wholesale value around $2,000 and worth about 2,732 points. Selling the coin was an option, but I would likely lose money after the fees. Submitting
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Rainbow 1951-S Washington Quarter

NGC 1951-S MS 67 STAR (*) Rainbow Washington Quarter I realize the 2013 W American Eagle Set is all the rage in the Coin World right now. I'm fine with that. Since there were more than 250,000 sets manufactured there will always be the option to acquire a perfect NGC 70 set in the future at a better price than today. What I like to find is quality nicely toned Pre-1965 U.S. coins. The are a number of such quality coins out there and they come up for sale in a variety of locations. I prefer
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1913 Buffalo Nickel - 100th Anniversary in 2013

1913 MS 67 STAR (*) Type 1 Buffalo Nickel Well 100 years have gone by and the 1913 Type 1 Buffalo Nickel still remains very popular for coin collectors. NGC has certified a bit over 330 such coins in MS 67 condition and around 12 in MS 68 condition. I think the STAR coins add a nice touch of color, but I realize not everyone agrees. The Buffalo nickel was part of the larger effort to beautify U.S. coins in the early 1900s and many agree that James Earle Fraser designed a stunning coin fit for
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Modern Proof Coin Collecting - The Risks of a Big Price Drop

The Sad Fate of the 2000 S Proof Sacagawea Dollar I see there is lots of fuss about the lowered values for Sacagawea dollar coins in PF 70 Ultra Cameo condition. This shouldn't be a shock to anyone who collects modern coins. There is simply a limited group of collectors for most modern coins and far too many coins in perfect PF 70 UC condition. The real losers are those with PF 69 UC modern proof coins that will be lucky to get back the price of certification in the future. Yes I know there ar
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2013 American Eagle West Point Two-Coin Silver Set

Total Sets Reported Sold - About 281,310 As predicted the U.S. Mint sold a vast number of 2013 American Eagle West Point Two-Coin Silver Sets. The grand total is around 281,310 or so. I would assume all these coins will be in 69 or 70 condition as the U.S. Mint is getting rather good at making perfect or nearly perfect coins. This makes collecting modern coins a bit less interesting. Will I buy this set? Sure - but I'll wait a year or two and let the prices settle to a more normal level. Wit
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2013 American Eagle West Point Two-Coin Silver Set

Buy Now or Buy Later? With over 138,000 sets already sold by the U.S. Mint it seems likely a very large number of 2013 American Eagle West Point Two-Coin Silver Sets will be sold. This won't be a rare coin in 70 condition. It seems like the most sense is to wait and buy the coins already NGC or PCGS graded. This will save the cost of getting the coins certified as well as related shipping costs. It also eliminates the chance a coin won't grade at 70. There should be plenty of perfect 70 coins
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What is a Coin Worth?

I guess the Answer is it Depends on the Buyer In a recent post wdrob brings up the interesting question as to the value of a coin. His argument is that selling a coin below the Grey Sheet value reduces the overall value of a coin. This is probably true over the long term. Of course the reverse is also true. I have seen many sales of high grade Roosevelt Dimes go above the Grey Sheet value. Such sales would over time likely raise the Grey Sheet value. In the end isn't the Grey Sheet value simpl
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Thanks CCCoindude!

1913 Type 1 Buffalo Nickel MS 67 STAR (*) I also wanted to thank CCCoindude for letting me acquire several of his nicer coins. The 1913 Type 1 Buffalo Nickel in MS 67 STAR (*) condition is just fantastic. I always like purchasing coins directly from members and cheating the auction houses out of their high commissions. It only makes sense for our members to work with each other to improve the hobby and save each other money. If CCCcoindude has any coins remaining you can count on him for fast
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Colorful 1935 Connecticut Tercentenary Half Dollar

Crisp Fall Colors on the Leaves and Edge This is a nice example of a NGC MS 67 * l935 Connecticut Tercentenary Half Dollar with nice Fall Colors on the Leaves and Edge. No finer NGC MS 67 * coins of this type exist and there is only one NGC MS 68 coin. A total of 25,018 of these Half Dollars were minted with most graded at the NGC MS 65 level or below. Enjoy! To see old comments for this Journal entry, click here. New comments can be added below.
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Who Likes A Shiny Penny?

NGC 1996 D Lincoln Cent in MS 68 RD Yes this is a common 1996 D Lincoln Cent with billions minted in Denver. Still it is nice to find one in MS 68 RD condition. While NGC may not give MS 68 Lincoln Cents many points I still think they are fine coins to collect. Their prices are also much more reasonable. Enjoy! To see old comments for this Journal entry, click here. New comments can be added below.
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Panda Coins - Why Does Anyone Purchase and Collect them?

Buying Panda Coins Hurts America and American Workers - Your Money goes to Support the Chinese Communist Party I realize Gold and Silver Panda Coins are cute, but do you understand where your hard earned U.S. money is going? Let's examine Gold Panda coins. The People's Republic of China State Council approved China Gold Coin Inc (CGCI) in 1987. CGCI is the only professional company dealing with precious metal commemorative coins directly affiliated to the People's Bank of China. CGCI wil
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So What is an NGC 70?

Can a MS 70 or PF 70 Coin Have Any Imperfections? What is a 70? According to the NGC website,"NGC defines a Mint State or Proof 70 coin as having no post-production imperfections at 5x magnification." Does this mean a coin that that has pre-production imperfections rate a 70? What about an incomplete strike, like missing some of the points on a star? Can this be a 70 coin too? I've seen many NGC PF 70 coins that under 5x magnificant will have a very minor pit or flaw in the field. I assume t
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Colorful 1935 Buffalo Nickel - MS 67 * (STAR)

Another Amazing and Colorful NGC STAR Coin! If you've read my journal before you know I collect Mercury Dimes and try to find examples of those coins in MS 67 FB or better with the coveted NGC * (STAR). Here is a very nice example of a 1935 Buffalo Nickel in MS 67 * (STAR) condition. While I will probably never complete a collection of Buffalo Nickels I still try to find interesting examples to add to my growing collection. I think this picture also says it all. To see old comments for th
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Colorful 1936-D Mercury Dime MS 67 FB * (STAR)

WOW - Mercury Dimes Don't Get Much Nicer than this STAR Coin! I always love to find nice MS 67 FB or better Mercury "Winged Liberty Head" Dimes for my collection, but it is always nice to find one with the NGC coveted * (STAR). When I first started collecting I only looked for white dimes and ignored those with any sort of toning. Over the years I've come to appreciate the beauty of colorfully toned coins like this one. I think this picture says it all. To see old comments for this Journa
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Complete NGC Proof 70 Ultra Cameo Susan B. Anthony Dollar Collection

Third ever Perfect NGC complete Proof 70 Ultra Cameo Susan B. Anthony Dollar Collection Had some luck in recent weeks finding both the 1979 S Type 2 and 1981 S Type 2 Susan B. Anthony (SBA) Proof dollars in NGC graded Perfect PF 70 Ultra Cameo condition. This is only the 3rd complete prefect collection of NGC-only SBA Proof coins in the NGC Registry. Yes there are other complete SBA sets using PCGS graded coins (for however long they will still be here), but it is a major accomplishment to get
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Please Unregister Your Sold Coins!

Nothing is More Annoying that Trying to Register a Coin or Two and getting this Message - "This cert number is already owned by another user." Today I was trying to register a very nice NGC 1946 S MS 67 STAR(*) FT Roosevelt Dime when I got this message. Honestly if you have placed your coins on EBAY or a coin auction site (like Heritage or Teletrade) maybe it is time to unregister them from your NGC Collectors Society page. Just a thought as his seems to be the polite thing to do. In the end N
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BUY BUY BUY!

Classic U.S. Gold and Silver Coins! For Thane, Six Mile Rick and anyone else out I would argue that Classic Silver and Gold U.S. coins are timeless works of art. Yes you can collect them for the value of their metal, but then you are likely missing the true beauty they hold. I am not suggesting anyone overpay for coins or that coins values won't go up and down. I am suggesting you collect coins because you love coins and they can be an investment too. As many know the basic problem will mos
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