Coin Grading: NGC Expands Plus Designation to US Modern Coins
US Modern coins are now eligible for NGC’s Plus Designation, making the modern coin grading scale more nuanced.
SARASOTA, Fla. (November 12, 2013) — Numismatic Guaranty Corporation® (NGC®) has announced a significant expansion of its popular Plus (+) designation. NGC uses the Plus (+) designation to indicate a coin at the high end of its assigned numeric grade and approaching the quality requirements for the next grade. Now eligible for the Plus (+) designation are US coins dated 1792 to present and grading XF 45 to MS 68 or PF 45 to PF 68, excluding bullion issues and modern commemoratives struck 1982 to present.
With feedback from collectors and dealers, NGC determined that a more nuanced grading scale was needed for most US modern coin issues. The expansion of the Plus (+) designation was made as interest in US modern coins continues to grow.
“NGC’s Plus (+) designation has been praised by collectors and dealers as the premier indicator of quality since it was launched in May 2010,” says Mark Salzberg, chairman of NGC. “Although we initially limited the designation to vintage US coins, careful analysis over the last three years led us to believe that most modern US coin series required a similar level of precision.”
All eligible coins submitted to NGC for grading will automatically be evaluated for the Plus (+) designation. There is no additional fee or special service that must be requested. Coins may not be submitted under the Designation Review tier to be evaluated for the Plus (+) designation.