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Stars on The NGC Hold?

6 posts in this topic

Hi first of all this is my first post and if I am in the wrong place please let me know.

 

Today we received our slabbed coins back and we had a 1940 and a 1941 Walking Liberty come back as PR 67 (both) BUT there is a Black Star behind the number 67 on both of them.

 

Could any one tell me what the star means.

 

Thank you

Jebco169

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The 'star' designation is given to coins with superior eye appeal. Not many coins receive this designation and it adds value to the coin. Usually, a star is given out to nicely toned coins, or coins with especially good strike and/or luster. thumbsup2.gif

 

 

 

TRUTH

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Truth:

 

Thank you for answering me, now could you tell me when they started to do that and we can't find out what the vaule of these 2 coins are now as I looked at the blue sheets and there is no price for either coin in PR 67.

 

Again, thank you.

Jebco169

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If your coins received the star designation then they must have very nice eye appeal. As such, the Bluesheet is the wrong place to look for a price range on them. This is because the Bluesheet reflects the valuation that the market gives to the worst examples of coins at any particular grade within a particular service's holder. If you have received a star designation, then NGC believes that your coins are among the highest, in terms of eye appeal, for the grade. You may want to look through the auction archive from Heritage to see if they have sold any similar examples. Good luck.

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The 'star' designation is given to coins with superior eye appeal. Not many coins receive this designation and it adds value to the coin. Usually, a star is given out to nicely toned coins, or coins with especially good strike and/or luster. thumbsup2.gif

 

 

 

TRUTH

Add to that Proof coins that are right on the edge of CAMEO or CAMEOS right on the edge of Ultra Cameo (usually the reverse is what is holding the coin back.)

 

Morgans with almost PL surfaces also qualify (not guaranteed) for the STAR.

 

I like the STAR rating but am aware of its limitations. Mainly, it does not represent a coin that is almost the next grade up. "PQ" and the STAR rating are NOT the same terms.

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"PQ" and the STAR rating are NOT the same terms.

 

Well, I don't think I agree but it's possible you and I use the term "PQ" differently. I use the term EXACTLY like the "star" designation is used for. PQ means premium quality and I've never equated "quality" with "grade"...they are not exactly the same thing.

 

You may have a different use for the term PQ however.

 

jom

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