If we only buy coins based on the coin and we don?t consider the label then we shouldn?t embrace the 2006 UC Proof Gold Eagles slabbed 20th Anniversary. I love it, because it?s one of my rarest!

In my opinion the guidelines NGC set up for slabbing all coins with their proper pedigree are one of the best in the industry. If we look at the rules and guidelines that were set up for the 20th anniversary coins it shows a well thought out process. In fact I believe it was one of the best.

Did you know that there are only 1,630 1oz 20th anniversary PF70 ultra cameo labeled coins? The US Mint released a total of 47,096 1oz coins in 2006. NGC realized the potential for misrepresentation and took steps to ensure that the regular 1oz coins would not get the 20th anniversary pedigree. This adds credibility that the label is in fact, a portion of the information that many collectors use to determine which coins they are going to collect. It also gives everybody who purchases coins on secondary market the best description possible.

Nobody could switch those coins. Let?s just try to agree that some people who peddle coins on the secondary market try to misrepresent a coin as an Early Release, First Strike or a 20th anniversary coin. The grading company's main goal is to describe the coin the best it can.

Since NGC's guidelines give me the insurance and piece of mind as to the coins pedigree then I support and embrace it. Lets agree to let everyone collect what they enjoy collecting. This is why educated collectors only collect NGC and PCGS coins. If a coin collector enjoys what represented on the slab. Why pass judgment on them? The coins label that we purchase on the secondary market gives us the purchaser, the best description possible.

The market demand will dictate how people grade their coins, not individuals passing judgment on someone?s passion.

I'm almost sorry I brought up the delimit I had regarding getting my buffalos to NGC on time to get the Early Release label. The one thing I noticed is that some coin collectors are very persistent regarding any description on a NGC labeled coin. A properly labeled coin describes the and when a coin is and purchased.

I?m not saying I agree on all of NGC?s policies, but who could. I just accept the good with the bad and realize nobody?s perfect. Do people feel that the Lincoln formative year error was actually an error? People need to judge a coin on what it is not what they think it is.

Thanks for the interesting points of view. All of us are smarter, than any one of us!

Have fun, collect what you enjoy.

LJ Rambo

A.K.A. Larry