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Star Designation Minimum

Started by dean1345,

12 posts in this topic

dean1345

dean1345

Posted
Posted

In currency PMG will award a note EPQ (exceptional paper quality) as low of a grade as VF-30. What is the lowest grade you have seen a "star designation" coin?

Is there a minimum grade noted in NGC policy?

 

Dean (shrug)

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TomB

TomB

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I believe there was a recent change in policy to allow coins to receive a star designation at virtually any grade level. Of course, I could also be mistaken on this point.

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coinman1794

coinman1794

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Originally, only coins MS63 and above qualified for the Star. However, in the last year, NGC opened the Star up at all grades. Unfortunately, they have not revised their definition of the Star to include verbage suitable for circulated coins, so their criteria are completely undefined in that sector.

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lehigh96

lehigh96

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Originally, only coins MS63 and above qualified for the Star. However, in the last year, NGC opened the Star up at all grades. Unfortunately, they have not revised their definition of the Star to include verbage suitable for circulated coins, so their criteria are completely undefined in that sector.

 

They should keep it that way. Then they have an excuse for being inconsistent. ;)

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MarkFeld

MarkFeld

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I believe there was a recent change in policy to allow coins to receive a star designation at virtually any grade level. Of course, I could also be mistaken on this point.
From NGC's website:
On January 1, 2008, NGC expanded its Star Designation to all grades of US coinage up to MS 69 and PF 69. Previously, the Star Designation was limited to coins grading between MS 63/PF 63 and MS 69/PF 69.

 

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dean1345

dean1345

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This same topic was posted on NGC and Steve, the director of marketing replied:

 

Dear Dean,

 

All United States regular coin series are eligible for the NGC Star. Additionally, U.S. Mint pattern coins are eligible for a star, but mint errors are not.

 

Yes, there is a minimum. A NGC Star will not be applied to coins grading less than MS 63 or PF 63. As the ultimate grade, any coin graded MS 70 or PF 70 will not be eligible for the star.

 

Best,

Steve

 

 

(shrug):juggle::gossip:

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MarkFeld

MarkFeld

Posted
Posted
This same topic was posted on NGC and Steve, the director of marketing replied:

 

Dear Dean,

 

All United States regular coin series are eligible for the NGC Star. Additionally, U.S. Mint pattern coins are eligible for a star, but mint errors are not.

 

Yes, there is a minimum. A NGC Star will not be applied to coins grading less than MS 63 or PF 63. As the ultimate grade, any coin graded MS 70 or PF 70 will not be eligible for the star.

 

Best,

Steve

 

 

(shrug):juggle::gossip:

It appears that Steve was/is unaware of this NGC article: see here
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