Numismatic Guarantee Corporation known in the industry as NGC, announced in May that it reached an important industry milestone-20 million coins graded.  NGC is the first grading company to reach this mark, which underscores its position as an industry leader.

Chairman of NGC Mark Salzberg is more excited about what this number means which he states in this way, “We would not be here without the support and trust of the numismatic community.  We are so grateful to the collectors and dealers who have entrusted their passions and livelihoods with us.”

NGC is one of the top two grading companies in the world, the other being PCGS.  They are both independent third party grading companies.  Their contributions to the numismatic world have been instrumental in establishing standards for grading, valuation and authenticity.  This has created a level of confidence amongst collectors and investors alike which has added a level of liquidity and a higher level of demand for rare gold coins.

With the advent of these two companies the sale of rare gold coins has been allowed to expand.  No one needs to be an expert in the field of valuing rare coins in order to safely acquire them.  Because these two companies guarantee a coins quality and authenticity investors and collectors can rest assured knowing they have the real deal.  This has created another layer of demand that would not have otherwise been achievable.  It allows the novice to enter the market safely.  Because the numismatic market is so small in comparison to the bullion market, higher levels of demand has a bigger impact on prices of rare coins.

NGC has graded some of the most valuable coins in the world, including the highest known quality US 1804 $10 gold coin valued somewhere around $5 million.

Congratulations to NGC for not only being an industry leader but also for achieving this historic mark.  Thanks for creating a safer environment for us to put our money.