15 September 2020
The Royal Mint has partnered with coin grading service Numismatic Guaranty Corporation (NGC), to expertly grade and encapsulate 'portions of its unique product offerings'.
The Royal Mint is now working with NGC to certify a portion of its new coin releases, starting with the Mayflower £2.
Rebecca Morgan, Head of Collector Services at The Royal Mint, said:
“As the original makers of UK coinage, The Royal Mint is delighted to be working with NGC, one of the original third-party coin grading services.
“The Royal Mint prides itself on producing the highest quality products, but we know that a growing number of collectors value third-party certification, particularly when buying or selling on the secondary market. This new partnership gives even more choice to our customers, who can continue to collect with confidence knowing the grade of their coins has been certified by one of the world’s leading coin grading services.”
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Third-party grading and encapsulation (often called “certification” or, more colloquially, “slabbing”) originated in the USA in the late 1980s as a way to get an expert, independent and guaranteed assessment of a coin’s authenticity and grade. NGC was established in 1987 and has since grown to become the world’s largest third-party grading service with more than 47 million coins certified.
Today, collectors and professionals all over the world have embraced the confidence and value that NGC certification offers. For collectors buying coins online, such as on The Royal Mint’s website or in online auctions, NGC certification is particularly reassuring.
Every coin that NGC certifies is guaranteed to be authentic and not overgraded. This removes significant uncertainty for buyers and sellers because both parties know that the coin is genuine and accurately graded.
Mark Salzberg, NGC Chairman and Grading Finalizer, said:
“NGC is honored to be working with one of the world’s oldest and most prestigious world mints. Our expert and impartial services maximize the value and liquidity of coins. The Royal Mint’s decision to offer certified coins directly to customers is an extraordinary benefit that I am confident collectors will appreciate.”
For more information, visit royalmint.com/collector-services