For as long as I can remember…. dating back to my early collecting days in the 1960’s-70’s  I always remember using the Sheldon scale of 1-70 for a basis of a coins preservation.

In 1949, the original scale was first presented in “Dr. William H. Sheldon’s Early American Cents” titled “A Quantitative Scale for condition” as a way to grade Large cents. The scale is known today as the Sheldon scale.   However it really developed in the 1970’s when the ANA standardized the scale.

For many novice New collectors the numbering system does not really seem intuitive so in a burst of marketing genius NGC had come up with the idea of using the 1-10 system (currently in use for other collectibles) for coins….  

What follows below is their press release…

A path to growth for coin collecting, the new 10-point grading scale will supplement the 70-point Sheldon scale, which will continue to be used by NGC.

Numismatic Guaranty Company™ (NGC®) is excited to introduce NGCX, the first 10-point grading scale for coins. The 10-point grading scale has long been the standard for most collectibles, including comic books, sports cards, trading cards and more. Now, with NGCX, coin collecting will benefit from the same intuitive and approachable scale.

Certainly IMHO this will help draw new collectors into the hobby and simplify modern coins.  What’s your thoughts?


Jonathan Lerner Revised

Jon Lerner

Jon Lerner, Scarsdale Coin president, is a recognized expert in the numismatist field. Jon has spent over 30 years collecting and evaluating coins. He is often sought out by fellow coin collectors for his advice and knowledge of rare coins.


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Scarsdale Coin

Jon Lerner, a renowned figure in numismatics, discovered his passion for rare coins in his Scarsdale, New York upbringing. With a keen eye for quality, he founded Scarsdale Coin in 1985, quickly establishing it as a premier destination for collectors. Beyond dealing, Jon is a respected speaker and prolific writer, sharing his expertise with enthusiasts worldwide. His commitment to integrity and professionalism has earned him admiration throughout the numismatic community. Jon remains dedicated to enriching collectors' experiences and preserving the legacy of rare coins for future generations.