ZAR 1892 Penny with NGC "P" designation??

[Ambassadors Invest 10]

Hello All

 

Was wondering... a hand full of ZAR 1892 Pennies have been slabbed by NGC using the letter "P" after the usual known BN, RB or RD.

 

Example MS64BNP or MS65RBP

 

Does anybody know for sure what it refers to?

 

As BN,RB & RD refers to colour then could "P" be purple perhaps?

 

Any thoughts on this Welcome!

[Cold Sea 6]

I found this in an article in coinsnewstoday, and might help explain this:

“The old school,” he explains, “says that a coin is a Mint State-70 only if it is flawless – a perfect coin from a perfect die. The new school says there are some coins which leave the die in an imperfect state. The planchet may not be perfect to start with, the die strike may be weak – or the die may even be worn. There also may be adjustment marks, which show up almost like scratches.”

He resolved the dilemma by coming up with a kind of compromise. Under the ANA grading standards, an MS-70 coin will be described as a perfect coin from a perfect die with a perfect strike on a perfect planchet. Special provision will be made, though, for coins which were imperfect to begin with but have had no wear or damage since being struck.

These, too, will be graded MS-70 – but with suffixes denoting the type of imperfection in each case. Thus, an otherwise perfect coin will be graded MS-70-P if struck on an imperfect planchet, MS-70-S if the strike is weak, MS-70-D if there is die wear, and MS-70-M if there are mint adjustment marks.

MS-65 and MS-60 will be used to describe mint state coins which have suffered some type of damage, however minor, since leaving the die – bag marks or hair lines, for example. The degree of damage will determine which grade applies. Kosoff emphasize s that under no circumstances can a coin be called mint state if it has any wear whatsoever."

[jwither 12]

Derick,

 

Those are the "PL" coins in the census. I used to own the MS-64 RB PL. As a guess only, maybe the field in the census database is too short for the full description. The coin I owned clearly described it on the label.