Home InfoVault News A Major Dealer Is Making Markets For Quality Coins Certified With The New NGC Green Label

A Major Dealer is Making Markets for Quality Coins Certified with the New NGC Green Label

A Major Dealer is Making Markets for Quality Coins Certified with the New NGC Green Label
Category: News
Author Name: ModernCoinMart (MCM)
Posted: 03-31-2021
Last Updated:
03-31-2021

A major numismatic dealer is carefully selecting coins to be certified with the NGC Green Label and then placing bids on them, supporting a robust, two-way market for NGC Green Label coins

Originally published by NGC on 3/31/2021.

A major numismatic dealer is carefully selecting coins to be certified with the NGC Green Label and then placing bids on them, supporting a robust, two-way market for NGC Green Label coins.

RARCOA, a prominent and well-capitalized firm, is carefully selecting coins for quality, eye appeal and other desirable traits to be certified with a new Green Label from Numismatic Guaranty Corporation® (NGC®). This dealer is also making markets in NGC Green Label coins by placing sight unseen bids on them on dealer-to-dealer electronic trading platforms.

The coins selected by RARCOA for the NGC Green Label possess a variety of collector-friendly attributes, including attractive eye appeal, a strong strike, impressive luster or great color. For example, a Morgan Dollar with cartwheel luster, a Peace Dollar with a sharp strike and swirling luster or a gold coin with pleasing color may be eligible for the NGC Green Label.

Importantly, RARCOA provides substantial market support for NGC Green Label coins by placing bids on them on dealer-to-dealer electronic trading platforms.

NGC Green Label Peace and Morgan Dollars

Collectors can be confident that NGC Green Label coins have been graded by NGC’s team of experts according to the internationally recognized NGC Grading Scale. All coins encapsulated with the NGC Green Label are backed by the comprehensive NGC Guarantee of authenticity and grade. This financial guarantee enhances the safety, value and liquidity of NGC-certified coins.

“When collectors see a coin certified with the NGC Green Label, they will know that it has received additional scrutiny and is supported by a robust, two-way market,” says Mark Salzberg, NGC Chairman and Grading Finalizer. “As always, collectors will also benefit from NGC’s accurate and consistent grading, state-of-the-art holder and industry-leading guarantee of authenticity and grade.”

“By identifying coins that are worthy of distinction, the NGC Green Label makes it easier for collectors to recognize, trade and value quality coins,” says Wayde Milas, President of RARCOA. “This advantage is powerful when combined with RARCOA’s commitment to maintaining sight unseen bids for the NGC Green Label coins on a wholesale level.”

RARCOA is partnering with a small group of select retailers, including ModernCoinMart, to offer coins with the NGC Green Label.

Source

https://www.ngccoin.com/news/article/8701/ngc-green-label/

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