This article was originally printed in the latest issue of Numismatic News.
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Grading company Numismatic Guaranty Corporation announced May 19 that it has reached the milestone of grading 20 million coins. NGC says it is the first coin grading company to arrive at this number.
Mark Salzberg, chairman of NGC, is excited about the 20-million mark but says the company is more thrilled about what the milestone represents.
“We would not be here without the support and trust of the numismatic community,” said Salzberg.
NGC has received coin submissions from 43 different countries. Submissions span 2,600 years in history, including ancient coins from as early as 600 B.C.
The firm says it certified the single most valuable graded coin ever sold, the finest known U.S. 1804 $10 gold coin.
“While 20 million graded coins is a huge accomplishment and we celebrate it, we really are focused on the future,” said Salzberg. “We look forward to continuing to push the industry envelope to develop and implement innovations that benefit not only our loyal customers, but the hobby as a whole.”