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NGC Mirrors PCGS Policy for 70-Graded Coins

March 18, 2014 in Grading, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, PCGS (Professional Coin Grading Service)

March 18, 2014 By Michael Bugeja (http://news.coinupdate.com)

Last month we reported that Professional Coin Grading Service instituted a new crossover policy for Collectors Club members and authorized dealers, allowing them to submit mint state and proof coins graded 70 by another service with those top grades cited as the minimum acceptable crossover grade.

Previously, PCGS would only allow crossovers to have a minimum designated grade of MS69 or PR69.

At the time NGC still had that policy. But now it has changed it to mirror PCGS’s policy, announcing this week that it will now accept crossover submissions of coins graded MS 70, PF 70 and SP 70–but only ones holdered by PCGS.

You can read the corporate announcement here.

Full article at the source>

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