NGC NGC World Coins & Foreign Coinage

Question 1

When NGC grades world coins, what does the designation 'MS' signify on the label?

Accepted Answer

Mint State — an uncirculated coin graded on the 1–70 Sheldon scale

Answer

Mint Sealed

Answer

Master Set

Answer

Multiple Strikes

Question 2

What is a 'crown' coin in the context of world coin collecting?

Accepted Answer

A large-sized silver coin roughly equivalent to a dollar, typically 38–45mm in diameter

Answer

Any gold coin from a European monarchy

Answer

A coin bearing a royal crown privy mark

Answer

A coin issued exclusively for coronation ceremonies

Question 3

The Maria Theresa Thaler, still being minted today, is officially dated:

Accepted Answer

1780, the year of Empress Maria Theresa's death, regardless of when struck

Answer

The year of minting

Answer

1848, the year Austria became a republic

Answer

Undated by law

Question 4

Which grading challenge is most common when grading ancient coins compared to modern world coins?

Accepted Answer

Surface quality is less important; strike and style carry more weight, and environmental wear is expected

Answer

Ancient coins are larger and harder to fit in slabs

Answer

Ancient coins cannot be authenticated by NGC

Answer

Ancient coins always grade lower due to age

Question 5

What does 'encapsulation' provide to a world coin that was previously raw (unslabbed)?

Accepted Answer

Protection from environmental damage, authentication, and a standardized grade

Answer

Increased metallic value due to the holder material

Answer

Legal tender status in the issuing country

Answer

Insurance coverage from NGC

Question 6

What is a 'milled' coin in world numismatics?

Accepted Answer

A coin struck using machine-powered screw or collar presses, producing uniform size and edge

Answer

A coin that has been polished on a milling machine

Answer

A coin with a milled (reeded) edge only

Answer

A coin made from rolled sheet metal