The largest and most respected organisation of professional coin dealers is called PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets). They look over the coin market and make sure dealers around the world know about the differences in between grading companies.PNG releases surveys of the biggest grading companies.
As you can see on the table produced by PNG, NGG and PCGS emerge as the top graders in the world.
BE AWARE!! Do not buy any coins that are not graded by PCGS or NGC. Nelson Mandela coins without grading have no other value than the one they represent.
ANACS grading came into being as an arm of the American Numismatic Association, the world’s largest coin club. In 1990 after ANA sold its grading service to Amos Press of Sidney, Ohio, it ranked “average” in the PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets) report for grading accuracy. For this reason we don’t deal with ANACS coins.
With the sale of the finest known rare Mandela Proof Inauguration for R750 000 there is a vacuum that exists between the one finest known specimen and the second finest known specimens in Proof-69 condition. Only 216 of these coins have been graded by PCGS and NGC. They are currently selling at R45 000 a coin and are a steal at that price. By then end of the year these coins should be selling with ease at around R100 000. You do not have to be a rocket scientist to work out that if a PF-70 sold for the price of R750 000 and there is only one, that with a ratio of 1-216 that the coins are very, very undervalued at R45 000.
This is the one and only specimen of the rare Inauguration R5 proof coins to be graded PF-70 or perfect. The coin was sold for US $99,337 or R750 000. We expect this coin to be valued at around R1.5 million by the end of the year and over R2 million by the end of 2009. The reverse or tails side of the world’s fastest appreciating rare coin in all of history. The coin as you can see is breathtakingly beautiful and absolutely flawless.
Every single time that there is a sale of a finest known in the country and this is then widely reported it alters the very architecture and the fabric of the entire world market. The most direct effect of the sale of a finest known coin is upon the coins of its very own type and grade. There will be intense focus by the media and also the public at large on all of the Proof Mandela R5 Inauguration coins once this article is placed onto our site and also released to the world media. New investors and collectors that contact our corporation will soon learn that there is only one of the PF-70 coins that sold and that it is not available for purchase they will then start to snap up the PF-69’s that are on the market. With there being only 216 of them worldwide the pressure that will be placed on these coins will be immense. Do not miss the opportunity to place a number of these into your portfolio if you do not have any. They will not be available on the market for long.
Nelson Mandela leaves the InterContinental Hotel after a photo shoot with celebrity photographer Terry O’Neil on June 26, 2008 in London, England. Mandela is in London in advance of the 46664 concert being held at Hyde Park on Friday the 27th June to celebrate Nelson Mandela’s 90th Birthday.