Out of curiosity, anybody knows what the NGC is.

NGC or Numismatic Guaranty Company, is a third party coin grading company. That is those plastic slabs you see coins in. As a member here you are allowed to send in coins to them. Check out their web site. https://www.ngccoin.com/

Thanks

There are also 3 other grading services that are recognized as legitimate.  PCGS is the equal of NGC in market prestige.  A tick below is ANACS and ICG. 

PCGS - Professional Coin Grading ServiceANACS - Was formed by the ANA but is now owned by Sydney Press (the publishers of Coin World).ICG - Independent Coin Graders (seems to be fading away).

We should also mention CAC. It is a company that grades the grade one of the other companies have given the coin. I know, sounds ridiculous. There is no denying the increase in money a CAC coin brings over a non-CAC coin. 

http://news.coinupdate.com/cac-coins-bring-premiums-in-january/

I'm thinking CAC only grades the grading of NGC and PCGS.  To me it's just a big scam.  Most of the time they agree with the grade given, sometimes not, but rarely.  Why does a typical green CAC sticker warrant even 1 Dollar of additional value?  Mystery to me.

I have only one NGC slabbed coin that has a CAC sticker (it's a MS69) and I don't see what a big deal it is (and no, I didn't pay extra for it). A typical NGC slab is looked at by about 12 graders, and a CAC sticker just means you can add 1 more to the list. Some folks go crazy for a CAC sticker, but hey, that's their thing and their money.

I agree with you guys. Are we going to get another company that grades CAC next?? Stupid but people pay a lot more to see that green bean.

It's who you like the best nothing else. All three make mistakes   A.NA.C.S. Does varities . PCGS  is very liberal in there grading. I have seen the numbers constantly. NGC is very strict with there grading. I have stories on all three . Let's rap this up. We can argue this to death. We collect what we like and send coins to whom we like. Can't say anymore. This has a great run. Let's move on. Thanks Kellen.

Good idea. Done!