Immerse yourself in the world of numismatics: Major US organizations and coin grading services
Welcome to the fascinating realm of esteemed US organizations and coin grading services that occupy a prominent position in the international coin world. These highly respected institutions are not only known worldwide for their in-depth specialist knowledge, but are also characterized by their sustainable commitment. Their recognition extends across the industry and they play a critical role in shaping the numismatic landscape. Let’s dive together into this world of expertise and dedication that shapes the face of coins for collectors and enthusiasts.
NGC vs. PCGS: Leading Coin Grading Companies Compared
NGC (Numismatic Guaranty Corporation) and PCGS (Professional Coin Grading Service) are leading coin grading companies known for their meticulous grading and certification processes. Their valued grades provide collectors and investors with a reliable standard that ensures the authenticity and quality of coins. Both NGC and PCGS provide coin testing/evaluation, preservation services , and grading services to their customers. Detailed information can be found directly on their respective websites. The so-called “authorized dealers” are usually available to answer all your questions.
NGC Overview :
Distinguished by a commitment to precision, consistency and trustworthiness, Numismatic Guaranty Company (NGC®) is recognized as the world’s leading and largest independent grading service for coins, tokens/tokens and medals. Since its founding in 1987, the NGC has meticulously graded over 60 million coins, according to its website. Each of these coins carries the unparalleled NGC Guarantee , reinforcing their position as industry leaders.
PCGS Overview :
The Professional Coin Grading Service (PCGS) is the premier third-party coin certification authority, establishing a universal grading standard to provide confidence to coin buyers and sellers.
PCGS provides reliable assurance for rare coin collectors through innovative third-party verification of the physical condition of each coin. The respected grading standard has helped PCGS graded coins command record prices in the market, making PCGS a trusted name among experienced collectors.
In addition to standardized grading, PCGS offers a guarantee of grading accuracy and authenticity for each included coin, according to their website. The experienced team of PCGS examiners ensure careful attention to every numismatic investment.
PCGS experts work independently and use comprehensive coin sets to meet PCGS grading standards. In addition to grading, PCGS offers valuable resources for coin enthusiasts, including an online price guide , the CoinFacts Encyclopedia , and the Population Report .
PCGS actively participates in coin shows worldwide and has partnered with national mints for regional coin submission centers. Independently graded coins in PCGS holders inspire trust and command higher prices, and PCGS certifies coins from over 100 countries, revolutionizing coin trading worldwide.
CAC Coin Grading
In 2007, John Albanese, along with twenty-two leading members of the numismatic community, founded the Certified Acceptance Corporation . CAC accepted coins graded by other companies and certified top quality examples with a green or gold sticker. These stickers are widely recognized as the highest achievable standard for certified coins.
Fifteen years later, John Albanese gathered over 150 leading members of the numismatic community with the goal of restoring accuracy and consistency in valuation. So why simply slap a pre-certified sticker on a coin when the same rigorous standards can be applied as part of a grading service? This is how CAC grading was born!
CAC – Crossover
This service applies to coins currently encapsulated by the Professional Coin Grading Service (PCGS) or Numismatic Guarantee Corporation (NGC). The CAC grading team will review the coin, and if its grade level meets or exceeds your minimum standards, it will be “converted” into a CAC holder. By setting a minimum grading – which can be higher, lower or equal to the current grading – you ensure that CAC does not remove the coin from its current holder unless it meets your minimum acceptance criteria.
Insight into America’s Numismatics: Key Organizations Every Coin Collector Should Know
The American Numismatic Association (ANA) is a beacon for numismatists, promoting education, research and coin appreciation. The American Numismatic Association (ANA), established by Congress in 1891, is a nonprofit organization dedicated to the study, collection, and appreciation of coins, paper money, and other numismatic items. It has become an important point of contact for collectors and enthusiasts, offering educational programs, conferences, publications and online resources to promote the numismatic hobby. As operator of the Money Museum in Colorado Springs, the ANA offers an extensive collection of rare coins, paper currency and related artifacts that inspire wonder. The museum is a central place where people can learn about and explore the fascinating world of money.
Through various programs, including education, outreach, a museum , a library, publications, conventions, and seminars, the ANA promotes the discovery and study of the fascinating field of numismatics for collectors, the general public, and academic communities.
Founded in 1858, the American Numismatic Society is passionately dedicated to promoting the study, research and appreciation of numismatics. In their impressive permanent collection, which dates back to 2000 B.C. Dating back to 1500 BC and comprising over 800,000 coins, monetary objects, medals and related items, the society houses one of the most extensive numismatic holdings in the world. The specialist library, with around 100,000 books, documents and artifacts, is considered one of the most important resources in this field.
Additionally, the American Numismatic Society is a leader in the development of digital numismatic resources and is one of the largest publishers of scholarly numismatic research. Its primary goal is to enrich members, fellows and the broader public with rich information and insights. Immerse yourself with us in the fascinating world of numismatics, designed and lived by the American Numismatic Society.
NCBA (National Coin and Bullion Association)
The founding and early history of the NCBA
The National Coin & Bullion Association (NCBA) , formerly known as the Industry Council for Tangible Assets (ICTA), was founded in 1983. Their main goal was to challenge federal legislation that excluded tangible assets from individual retirement accounts (IRAs).
Influential role in the precious metals industry
Over the years, the NCBA has established itself as a significant advocate for the rare coin and precious metals industry. She played a key role in various aspects of legislation and regulation. Her achievements include reintroducing precious metal products in 1997 and working with the United States Mint to create the American Eagle bullion coins.
Commitment at federal and state levels
The organization has intervened in important issues not only at the federal level, but also at the state level. These include defining the term “nexus” in California to determine business presence and negotiating changes to electronic reporting requirements for used goods dealers. The NCBA was also instrumental in obtaining sales tax exemptions at the state level.
Proactively adapt to challenges
NCBA remains proactive and actively addresses evolving challenges. These include issues such as taxation of Internet sales and possible federal responses to government actions. The organization underwent a rebrand in 2021 to emphasize its numismatic focus and is now called the National Coin & Bullion Association. Despite this change, its core mission remains unchanged: supporting its members and the numismatic community, providing resources and advice, and ensuring a favorable legislative and regulatory environment for doing business.
Florida United Numismatics (FUN)
The promotion of numismatics through Florida United Numismatists (FUN), Inc.
Florida United Numismatists (FUN) , Inc. is committed to strengthening and expanding the numismatic community both locally in Florida and globally. This commitment is demonstrated through various initiatives:
- Annual FUN and Summer FUN Congresses The organization regularly organizes the important FUN and Summer FUN Congresses. These events provide a platform for numismatists to meet, exchange experiences and showcase their collections.
- Program for Young Numismatists (YN) A particular focus is on supporting young numismatists through the introduction of a special program for young numismatists (YN). This program offers young people the opportunity to become enthusiastic about the numismatic hobby and to actively participate in it.
- Comprehensive directory of member dealers and clubs FUN maintains a comprehensive directory of member dealers and clubs. This creates a connected community that facilitates the exchange of information and resources to enrich the collecting experience.
- FUN Topics Magazine The organization contributes to the transfer of knowledge by publishing the quarterly FUN Topics Magazine. This magazine offers an insight into current developments, interesting collections and numismatic topics.
Through these diverse initiatives, FUN, Inc. an ongoing commitment to promoting numismatics and creating a vibrant community of enthusiasts who share their knowledge and advance the numismatic hobby.
In close connection, these organizations form a collective force that significantly shapes the development of numismatics. Their shared mission ensures the integrity, promotion and sustainable growth of this fascinating field. Wasserthal RareCoin.Store is a member and authorized dealer of all US organizations in this chapter.
PCGS and NGC: Two coin grading giants at a glance – more blogs:
Professional Valuation Services FAQ
Grading of a coin: NGC and PCGS
Quick guide to coin grading: from grade grading to professional services
What do you need to know about grading coins and what does PF/PR or MS mean in coin grading?
Facts about grading and condition of gold collector coins
