NGC Launches Details Grading
Important Rarity Certified
All coins with
detrimental surface conditions submitted to NGC
for grading will be Details Graded. Under this
service, each applicable coin is assigned a
concise description of its surface condition and
a Details Grade that accords with its level of
wear. This service is provided automatically and
at no additional charge.
NGC Details Graded coins can be readily
identified by their distinctive purple label.
Like numerically-graded coins, they are
encapsulated in the NGC EdgeView® Holder, which
is made from high quality preservation-grade
materials. Furthermore, their authenticity is
guaranteed under the terms of the NGC Coin
Grading Guarantee. Coins that are not genuine or
of questionably authenticity are not graded and
returned uncertified. Additionally, coins that
have active surface residues such as PVC are
also not graded and not encapsulated. Coins of
this latter category can be made eligible for
grading after professional conservation NCS and
harmful residues are removed.
Beginning September 10, 2009, NGC Details Graded
coins will be eligible for inclusion in Registry
sets. In competitive sets, an NGC Details Graded
coin will receive 50% of the point value
assigned to a numerically graded coin with a
similar level of wear.
Rick Montgomery, President of NGC, comments on
this service launch: "This new offering from NGC
allows collectors to have more coins certified
by NGC than ever before, which is a great
advantage for individuals completing sets.
Additionally, Details Graded coins should
provide comfort when buying or selling because
of the complete information that appears on the
certification label as well as the knowledge
that the enclosed coin is guaranteed authentic."
During the first day of NGC Details Grading, an
important rarity was certified using NGC Details
Grading — an 1830 Templeton Reid $5 gold piece.
From large deposits of gold found in Georgia and
North Carolina, assayer Templeton Reid struck
the first privately minted gold coins in the US.
In 1830, Reid made gold coins in three
denominations, all of which are very rare today.
The example certified by NGC was graded XF
Details, Repaired, Improperly Cleaned. While it
exhibits repair in the fields, it is just one of
four T. Reid five-dollar gold pieces available
to collectors. Six examples are known and two
reside in the Smithsonian’s National Numismatic
The anonymous collector who submitted this coin
to NGC comments that, "an independent expert's
opinion of condition and authenticity is very
important to me, and for that reason all of my
coins are certified. Details grading is of great
benefit to collectors, not only for important
rarities like this T. Reid $5, but for any coin
that wouldn’t otherwise be graded and
Comprehensive information about NGC Details
Grading, including a Service Guide available for
download, can be found on NGC’s website at