Hobbyists, auctioneers, and even coin dealers often use the wrong terms to describe the several categories of toned coins. Monster Toning The most frequent misuse concerns the word “monster.” That misnomer became popular when archeologists proclaimed that certain dinosaurs displayed rainbow colors to attract mates. Here’s an example of the dinosaur Caihong juji. “Caihong” means “rainbow” […]
NGC grading on-site at ANA World’s Fair of Money
Submissions will be accepted at the NGC booth starting Tuesday, August 16. NGC will offer on-site grading and encapsulation of U.S. coins* at the ANA Chicago World’s Fair of Money, in Rosemont (Chicago), Illinois, from Tuesday, August 16, until 12:00 p.m. on Friday, August 19. Regular submissions for all service levels to be sent to […]
Results are in: PCI crack-out grades at PCGS
In mid-March, I wrote about submitting PCI-slabbed coins to PCGS and predicting grades by arguably the most rigorous of holdering companies. I wrote that I had been submitting to PCGS for more than fifteen years and had good knowledge of their grading standards. One prediction was wrong, though: I sent my PCI coins to PCGS […]
Rare NGC-certified U.S. coins highlight upcoming auction
The July Long Beach Expo sale features over 750 vintage NGC-certified U.S. coins. A wide-ranging selection of U.S. coins and medals certified by Numismatic Guaranty Company (NGC) is being offered in the Long Beach Expo sale presented by Heritage Auctions. This sale features highly desired issues, including an 1804 Eagle and 1854-S Quarter Eagle. Bidding […]
Beware of increasing buyer’s premiums
Online bidders have many options to snare coins for collections or investment as hundreds of auctions are available via such portals as Proxibid, HiBid, and Live Auctioneers, among others. In our excitement, we may overlook the key component that determines whether we will make a score or suffer a loss: The buyer’s premium. Internet auctions […]
NGC offers expedited grading at the 2022 FUN Show
NGC is offering expedited grading and accepting regular submissions at this year’s FUN Show. NGC will offer expedited grading and encapsulation of U.S. coins* at the 2022 FUN Show in Orlando. Submissions must be made by 3:00 p.m. on Thursday, January 6 and will be returned by 5:30 p.m. on Saturday, January 8. This option replaces […]
Mislabeled lots in online auctions
The issue used to play out in brick-and-mortar shops when a customer spotted a rare variety or other overlooked feature on a coin. And the conventional ethical wisdom then was to inform the dealer. The dealer was held to the same standard if a customer brought a rare coin but did not know it. The […]
Risky bidding
There is all manner of bad numismatic photos, and you can find examples of them everywhere on HiBid.com. I am an expert grader, but that doesn’t exempt me from making mistakes. You learn by experience in the coin-buying world. The goal is not to identify sellers but share common types of poor numismatic photos so […]
NGC signs exclusive Signature Label deal with Thomas J. Uram
The lifetime numismatist who spearheaded the 1921 Silver Dollar Coin Anniversary Act joins the NGC Authentic Hand-Signed Labels program. Thomas J. Uram, retired chairman of the Citizens Coinage Advisory Committee (CCAC), has agreed to individually hand-sign certification labels exclusively for Numismatic Guaranty Corporation (NGC). The CCAC has considerable influence in U.S. numismatics because it was […]
NGC Special Labels and designations for the 2021-W Palladium Eagles
The U.S. Mint is releasing just 12,000 Palladium Eagles on September 2, 2021. See the “Submission Instructions” section of this article. The 2021-W American Palladium Eagle is being released by the U.S. Mint on September 2 at noon (ET). The coin, struck at the West Point Mint, has a limited mintage of just 12,000 pieces. Numismatic […]
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