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NGC was founded in 1987 in Parsippany, N.J. by John Albanese, who also founded Professional Coin Grading Service. A majority stake was later purchased by coin dealer Mark Salzberg. Along with CEO Steven Eichenbaum, Salzberg owns the CDN Greysheet, a price guide for coins similar to the Kelley Blue Book. [2]
Coin grading [1] is the process of determining the grade or condition of a coin, one of the key factors in determining its collectible value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which it was minted. Several grading systems have been ...
Example of an Early American Cent - the coins that inspired Sheldon to create a more precise grading scale. (Courtesy of the National Numismatic Collection, National Museum of American History [photograph by Jaclyn Nash].) The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of
A Guide Book of United States Coins (the Red Book) is the longest running price guide for U.S. coins. Across all formats, 24 million copies have been sold. [2] The first edition, dated 1947, went on sale in November 1946. Except for a one-year hiatus in 1950, publication has continued to the present.
A coin catalog (or coin catalogue) is a listing of coin types. Information may include pictures of the obverse and reverse (front and back), date and place of minting, distribution type, translation of inscriptions, description of images, theme, metal type, mintage, edge description, orientation of the coin, weight, diameter, thickness, design credentials, shape and prices for various grades.
PCGS maintains CoinFacts, the "single source of information on U.S. coins." The free site publishes information about all federal and most non-federal U.S. coin issues, including their rarity statistics, PCGS Price Guide values, population data, public auction performances, die varieties, and photographs. [15] [16]
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