NGC Coin Grading Standards & Procedures 2

Question 1

On the Sheldon scale, what grade range defines a coin as 'Extremely Fine' (EF/XF)?

Accepted Answer

EF-40 to EF-45

Answer

Extremely Fine coins grade EF-40 to EF-45, showing light wear on the high points with all major features sharp.

Question 2

What does NGC's 'Star Designation' (★) indicate on a graded coin?

Accepted Answer

The coin has exceptional eye appeal beyond its grade

Answer

NGC's Star Designation recognizes coins with exceptional eye appeal that surpasses the typical standard for that grade.

Question 3

Which grading term describes a coin that shows no trace of wear but may have contact marks or blemishes?

Accepted Answer

Mint State

Answer

Mint State (MS) describes coins with no trace of wear, though they may have varying degrees of contact marks, luster disturbance, or eye appeal.

Question 4

What is 'luster' as evaluated by NGC graders on a Mint State coin?

Accepted Answer

The reflective quality of the metal's surface created during minting

Answer

Luster refers to the cartwheel-like reflective sheen created when metal flows into die recesses during the minting process, and it diminishes with circulation.

Question 5

In NGC grading, what is a 'Cameo' (CAM) designation on a proof coin?

Accepted Answer

A proof with frosted devices contrasting against mirror fields

Answer

The CAM designation on proof coins indicates frosted, satiny devices that contrast with deeply mirrored fields, creating a cameo effect.

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NGC Coin Grading Standards & Procedures 2