NGC and NCS Internship for Aspiring Numismatists
Guaranty Corporation and Numismatic Conservation Services
are continuing their comprehensive numismatic internship
program at their headquarters in Sarasota, Florida.
Applications are now being accepted for positions available
Interns work alongside some of the most knowledgeable
and experienced numismatists in the hobby. Available
positions include work in authentication, variety attribution,
grading, conservation, digital imaging, research, submission
management, and encapsulation of U.S. and World coins,
including tokens, medals, and colonial coinage.
Rick Montgomery, NGC President and Senior Grader, comments
on this opportunity: "This internship will foster
the development of skills that would normally take years,
if not decades, to acquire."
NGC and NCS will provide a stipend and lodging as well
as transportation to and from Sarasota, if needed. Applicants
should be at least 18 years of age by the start of the
internship and have a background and interest in numismatics
as a career.
To accommodate more applicants and their varied schedules,
this position is offered during the summer or fall of
this year. Its duration may also vary in accordance
with academic scheduling. Successful candidates may
also have the opportunity to attend one of the major
coin shows that NGC and NCS attend.
To apply, candidates must send a resume and a letter
describing their numismatic background, interests, and
goals to Certified Collectibles Group, Attn: Scott Schechter,
P.O. Box 4776, Sarasota, Florida, 34230, or by fax to
(941) 360-2553, or by e-mail to firstname.lastname@example.org.
The Many Aspects to the Evaluation
fees at NCS are calculated at a percentage of the fair
market value on each coin. A 4% total conservation fee
is charged for coins conserved: 1% for evaluation and
3% for the subsequent conservation work. Grading is
then an additional charge. When coins are not conserved,
only the 1% evaluation fee is charged. What happens
in that evaluation stage?
evaluation is a first step of the conservation process.
At NCS, this evaluation is performed by an experienced numismatist,
knowledgeable in conservation and possessing a comprehensive command of
rare coin grading. Part of this initial evaluation is to determine what
conservation methods should be used. The evaluation
also considers other aspects of the conservation of
a specific coin that can depend greatly on the particulars
of the coin. If already certified, the current grade
is also a factor.
When an evaluator examines a raw coin — one that
is not already certified by a third party grading company
— several things are considered. First, an evaluator
will consider how beneficial conservation work will
be for a coin. If a coin will be worse off after conservation,
in terms of either its appearance or its long-term surface
stability, the evaluator will determine that no conservation
should be performed. If conservation can be a benefit,
the evaluator will next determine what should be done.
This determination, whether it is to remove toning or
only residues, or to address specific concerns with
spots and the like, will be indicated to the conservators.
Not all coins will have toning completely removed; sometimes
coins will need only to have toning lightened to completely
address a submitter's concerns. Sometimes only
residues, such as PVC, are to be removed, leaving the
color or toning on a coin untouched. Occasionally, only
spots are to be eliminated, while leaving the remaining
surfaces as they are.
Notes and concerns made by the submitter are also considered
in the evaluation process. While notes are considered
during the evaluation and conservation process, coins
are evaluated to give the coin's best outcome
based on the evaluator's professional opinion
Coins are then evaluated again by a conservator at the
start of the conservation process. In cases where opinions
differ on the best course of action for a coin, discussions
between conservator and evaluator can result in the
best outcome for the coin in question. Perhaps the toning
is too attractive to remove. Maybe removal of a spot
will leave an area of the coin that will appear different
from the rest. These are situations that can change
the evaluation of a coin once it is time to be conserved.
When a coin is submitted in a third party grading holder,
the evaluation proceeds much in the same way as it does
for raw coins. Coins will be looked at to determine
the benefits of conservation as well as to what extent
various techniques are to be performed. In addition,
with certified coins, an attempt is made to predict
what the coin might be like after conservation and whether
it will still maintain its currently stated grade. If
it appears that hairlines or contact marks, for example,
may become more apparent after conservation, and thus
result in a lower grade, a coin will not be conserved.
The evaluation is a crucial part of the goal of NCS
to make numismatic treasures beautiful and stable for