NGC Coin Grading Standards & Procedures 3

Question 1

What is 'strike' as a grading factor evaluated by NGC?

Accepted Answer

The sharpness and completeness with which the design was impressed into the planchet

Answer

Strike refers to how fully and sharply the dies transferred design details onto the planchet, affecting high-relief areas like hair, feathers, and stars.

Question 2

What does the NGC 'PF' prefix on a grading label indicate?

Accepted Answer

The coin is a proof strike

Answer

The 'PF' prefix (or 'PR') on an NGC label indicates that the coin is a proof strike, made with specially prepared dies and planchets for collector quality.

Question 3

Which of the following best describes an 'About Uncirculated' (AU) coin?

Accepted Answer

Only a trace of wear on the highest points

Answer

AU coins (AU-50 to AU-58) show only a slight trace of wear on the very highest design points while retaining most original luster.

Question 4

What does NGC's 'Full Bell Lines' (FBL) designation indicate on a Franklin Half Dollar?

Accepted Answer

The horizontal lines at the base of the Liberty Bell are fully struck and complete

Answer

FBL on a Franklin Half Dollar means the two sets of horizontal bell lines at the bottom of the Liberty Bell are fully struck with no breaks or weakness.

Question 5

What is a 'hairline' in the context of NGC coin grading?

Accepted Answer

Fine scratches on a coin's surface, often from cleaning, visible under magnification

Answer

Hairlines are fine, parallel scratches typically caused by improper cleaning with an abrasive cloth and are considered a surface problem that lowers a coin's grade.

(NGC) Numismatic Guaranty Corporation Certified Professional Practice Test

(NGC) Numismatic Guaranty Corporation Certified Professional Practice Test

NGC Coin Grading Standards & Procedures 3