Procedures

Procedures

A little brief on what to expect

Process when coins are received for grading. 

Ø  Due to the risks involved the movement of coins from one location to another to be kept to a minimum.
Ø  If there are any noticeable features or defects like rim bumps or scratches on the coins, this should be noted on the receipt issued, as well as being pointed out to the owner.
Ø  This is all done to prevent any dispute regarding the condition of the coin on receipt.
Ø  The exact mass and diameter of the coin is noted.

Grading System.

The international recognised traditional grading system used in South Africa, the United Kingdom and Europe has been used for many years. The Sheldon grading system used in the United States is rapidly gaining international acceptance. The two systems of grading that are currently in use need to find common ground. It is therefore essential that these grading systems are integrated in order to maximise the flexibility of both systems and provide an accurate grade. The future credibility and success of the project will hinge around the quality, credibility and efficiency of the grading process. It is therefore absolutely essential to ensure consistency in the process.

Encapsulation 

  • Ø  Coins will be encapsulated in clear acrylic capsule that includes all the relevant details.
    Ø  The capsules will be rendered “tamper proof” by sealing them via an ultrasonic welding system.

Backing and Approval

  • Recognised, organised numismatic bodies like, The National Numismatic Society, The Natal Numismatic Society, The South African Numismatic Society and the South African Association of Numismatic Dealers have indicated their support to the concept.
  • The bottom line to the proposal is that the system will be run in a transparent, ethical, efficient and reliable manner in accordance with the principles and “Code of Ethics” as proposed by the above mentioned societies and associations.

Encapsulation Preview