Numismatic Guarantee Corporation (NGC) announced the release of the EdgeView Holder™ which suspends a coin within prongs to enable viewing of its edge. The change from the standard holder is in the insert of the holder that has rubber-like material cut in a way so that the protruding prongs holds the coin in place. NGC will use this holder for encapsulating the Presidential $1 Coins whose edge will be incuse with the year of minting, the mintmark, E Pluribus Unum, and the motto “In God We Trust.”
“Because critical information relevant to their attribution and identification is found on the coins’ edges, NGC has elected to use the EdgeView Holder™ which enables clear viewing of a coin’s edge,” according to NGC. “NGC will encapsulate Presidential $1 Coins with a patriotic red, white, and blue, label, displaying images of four Presidents on a blue background. A vibrant red bar across the bottom of the label includes the words NUMISMATIC GUARANTY CORPORATION.”
NGC will also have a designation for FIRST DAY OF ISSUE for coins released on the official release date. “To qualify, coins must be received by NGC on the official release date or by overnight mail or air carrier on the day immediately following the official release date. The first coin of the Presidential $1 Coin series, George Washington, goes into circulation on February 15, 2007, and to qualify for the FIRST DAY OF ISSUE designation, coins must be received by NGC no later than February 16, 2007.”
There have been mixed reports as to whether regular collectors can obtain these coins on February 15. Many bank tellers and front-line workers appear to not know about the coins or when they will be distributed. I will visit a bank on Saturday or Monday to see if I can purchase a roll, or two.